Banking, finance, and taxes

Banking, finance, and taxes Articles

All Banking, finance, and taxes Articles

4938 Articles

Douglas A. McIntyre | Oct 5, 2009 at 5:12 AM EDT

The Failure Of The Bank Of American Board To Have A “CEO-In-Waiting”

There has been a great deal of risk that Bank of America’s (NYSE:BAC) Ken Lewis would leave as the firm’s…

Douglas A. McIntyre | Oct 3, 2009 at 9:33 AM EDT

Bankruptcies Skyrocket In September

Personal bankruptcies posted a big increase in September, not a surprise as unemployment races toward 10%. The American Bankruptcy Institute…

Douglas A. McIntyre | Sep 30, 2009 at 8:18 PM EDT

Why Ken Lewis Didn’t Matter At The End

It was a surprise when Ken Lewis, the CEO of Bank of America (BAC), finally resigned. Neither shame nor pressure…

Douglas A. McIntyre | Sep 30, 2009 at 5:22 PM EDT

Ken Lewis To Step Down At Bank Of America (BAC)

CNBC is reporting that Bank of America (BAC) CEO Ken Lewis will step down by the end of the year.…

Douglas A. McIntyre | Sep 30, 2009 at 11:59 AM EDT

24/7 Wall St. TV: The FDIC Is Short $100 Billion

The FDIC has discussed the idea of banks prepaying their risk-based assessments for the last quarter of this year and…

Douglas A. McIntyre | Sep 30, 2009 at 9:30 AM EDT

Financial Junk Acting Independently (CIT, FNM, FRE, ABK, AIG, ETFC)

CIT Group, Inc. (NYSE: CIT) is back to looking like its shares the paper they are printed on could be…

Douglas A. McIntyre | Sep 30, 2009 at 5:32 AM EDT

IMF: Banks Face Another $1.5 Trillion In Writedowns

The IMF issued its Global Financial System report and one of the most critical points of its analysis is that…

Douglas A. McIntyre | Sep 29, 2009 at 9:11 PM EDT

CIT (CIT) For Suckers

Shares of CIT (CIT) rallied 32% to $2.20 after The New York Post reported that hedge-fund operator John Paulson of…

Douglas A. McIntyre | Sep 26, 2009 at 8:00 AM EDT

Europe Banks Face $587 Billion In Credit Losses

Stress tests of the balance sheets of Europe’s twenty-two largest banks shows that they have credit losses that will reach…

Douglas A. McIntyre | Sep 25, 2009 at 4:38 PM EDT

52-Week High Club (SAN, CEL, TWLL)

Banco Santander Chile (NYSE: SAN) hit a yearly high of $56.51, continuing to rally following the release of positive research…

Douglas A. McIntyre | Sep 25, 2009 at 6:02 AM EDT

As The World Turns: HSBC CEO To Move To Asia

HSBC (HBC) is the largest bank in Europe, by most measures. Its CEO will be relocating to Hong Kong from…

Douglas A. McIntyre | Sep 25, 2009 at 5:31 AM EDT

US Large Loan Losses To Hit $53 Billion In 2009

The federal government’s Shared National Credit (SNC) Review for this year found $53 billion in losses on large loans held…

Douglas A. McIntyre | Sep 24, 2009 at 9:26 AM EDT

GHL Acquisition Seals its Deal, Two More SPACs Await Votes this Week

SPACupdate.com monitors live deals involving blank check companies, associated stock and warrant transactions and relevant personnel moves. GHL Acquisition…

Douglas A. McIntyre | Sep 24, 2009 at 4:49 AM EDT

Citigroup (C) Retreats From Retail Branches

It may be a decade or more from now, but the time will come when there are no bank branches…

Douglas A. McIntyre | Sep 23, 2009 at 4:16 PM EDT

52-Week High Club

BlackRock Inc. (NYSE: BLK) hits a yearly high of $220.17 on analyst upgrade from Deutsche Securities. Most other asset managers…

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Banking, finance, and taxes Articles

All Banking, finance, and taxes Articles

The Failure Of The Bank Of American Board To Have A “CEO-In-Waiting”

Bankruptcies Skyrocket In September

Why Ken Lewis Didn’t Matter At The End

Ken Lewis To Step Down At Bank Of America (BAC)

24/7 Wall St. TV: The FDIC Is Short $100 Billion

Financial Junk Acting Independently (CIT, FNM, FRE, ABK, AIG, ETFC)

IMF: Banks Face Another $1.5 Trillion In Writedowns

CIT (CIT) For Suckers

Europe Banks Face $587 Billion In Credit Losses

52-Week High Club (SAN, CEL, TWLL)

As The World Turns: HSBC CEO To Move To Asia

US Large Loan Losses To Hit $53 Billion In 2009

GHL Acquisition Seals its Deal, Two More SPACs Await Votes this Week

Citigroup (C) Retreats From Retail Branches

52-Week High Club

We’re Bullish on Adobe Despite 40% Decline From Peak Levels

Broadcom and Marvell Are Bigger Threats to Nvidia Than You Know

The Market Could Crack This Summer: 5 Defensive High-Yielding Dividend Stocks to Buy Now

He Ran His Own Electrical Business for 35 Years, Kept Reported Income Low to Save on Taxes. Now His Social Security Check Is Paying the Price.

This Portfolio Lets You Earn More Than a Lawyer... Without Going to Law School

We’re Bullish on Adobe Despite 40% Decline From Peak Levels

Broadcom and Marvell Are Bigger Threats to Nvidia Than You Know

Banking, finance, and taxes Articles

All Banking, finance, and taxes Articles

The Failure Of The Bank Of American Board To Have A “CEO-In-Waiting”

Bankruptcies Skyrocket In September

Why Ken Lewis Didn’t Matter At The End

Ken Lewis To Step Down At Bank Of America (BAC)

24/7 Wall St. TV: The FDIC Is Short $100 Billion

Financial Junk Acting Independently (CIT, FNM, FRE, ABK, AIG, ETFC)

IMF: Banks Face Another $1.5 Trillion In Writedowns

CIT (CIT) For Suckers

Europe Banks Face $587 Billion In Credit Losses

52-Week High Club (SAN, CEL, TWLL)

As The World Turns: HSBC CEO To Move To Asia

US Large Loan Losses To Hit $53 Billion In 2009

GHL Acquisition Seals its Deal, Two More SPACs Await Votes this Week

Citigroup (C) Retreats From Retail Branches

52-Week High Club

We’re Bullish on Adobe Despite 40% Decline From Peak Levels

Broadcom and Marvell Are Bigger Threats to Nvidia Than You Know

The Market Could Crack This Summer: 5 Defensive High-Yielding Dividend Stocks to Buy Now

Featured Reads

He Ran His Own Electrical Business for 35 Years, Kept Reported Income Low to Save on Taxes. Now His Social Security Check Is Paying the Price.

This Portfolio Lets You Earn More Than a Lawyer... Without Going to Law School