Banking, finance, and taxes

All Banking, finance, and taxes Articles

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TARP Might Make Money

The Treasury Department website is dominated by a headline that reads “Tarp Bank Programs Make Money.” The assertion has been challenged by the Congressional Budget Office. The fact that the statement might be even…

Douglas A. McIntyre · 16 years ago

M&A Watch: Pain in Irish Style Bank Mergers (AIB, IRE)

If you have watched Allied Irish Banks plc (NYSE: AIB) or Bank of Ireland (NYSE: IRE) recently, you will have figured out that the banks are not just in trouble.  These banks could literally be…

Jon C. Ogg · 16 years ago

Dividend Watch: Hudson City Bancorp (HCBK)

Today’s “Daily Dividend Watch” is one with a bit more caution.  Hudson City Bancorp (NASDAQ: HCBK) is one of those regional banks which we recently noted that already had a high dividend yield before the…

Jon C. Ogg · 16 years ago

IPO Watch: AMC Entertainment Debt Filings

AMC Entertainment Inc. is set to be one of our Top 17 IPOs to Watch in 2011.  Now the company has an SEC filing from late-Thursday showing that it has filed three debt offerings…

Jon C. Ogg · 16 years ago

A Profit For The Federal Reserve

The Federal Reserve made a profit last year. It turned $79 billion of its $82 billion in “comprehensive income” over to the Treasury. The agency is an island of profit in the federal government…

Douglas A. McIntyre · 16 years ago

Santander Raising U.S. Capital (STD, SAN)

Banco Santander S.A. (NYSE: STD) has filed to raise up to $1 billion in debt securities in the United States for its subsidiary Santander Holdings USA, Inc.   Santander is the parent company of Sovereign…

Jon C. Ogg · 16 years ago

IPO Daily: Apollo Management IPO Back On Track (APO)

It’s 1:00 PM and time for “The IPO Daily” covering anything and everything around initial public offerings.  Last week it looked as though the IPO for Apollo Global Management, LLC was going to get…

Jon C. Ogg · 16 years ago

Citi Reverse Split & Dividend: Three-Card Monty (C)

Citigroup Inc. (NYSE: C) is announcing something that we are a bit surprised about this morning.  It is not quite a shell game, but it is a strategy that rarely works well for investors. …

Jon C. Ogg · 16 years ago