Meet One of the Biggest Bears Against Deutsche Bank
One exchange traded fund is fully taking advantage of Deutsche Bank’s fall from grace, with its largest position shorting the stock.
Banking, finance, and taxes
All Banking, finance, and taxes Articles
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Wells Fargo Short Interest Rises Over 11 Million Shares
Short interest in Wells Fargo surged for the period that ended September 15, as the bank was embroiled in a fraud scandal.
Fed’s Tarullo Calling for More Buffers and Capital Reserves for Banks
If you are a market-watcher or an industry insider in the financial markets, you might think that the banks are regulated more than enough and forced to hold more than enough capital in reserves.…
The Fastest Way to Pay Off $10,000 in Credit Card Debt
LendingTree suggests two steps consumers can take to pay down or pay off those bills more quickly while minimizing the amount of interest they pay.
Suggested Resignation Letter for Wells Fargo CEO John Stumpf
A suggested resignation letter for Wells Fargo's CEO John Stumpf in the wake of the recent fraudulent accounts scandal.
The Worst US Consumer Banks
Despite recent headlines, Wells Fargo is only the the fifth-worst bank in the United States, according to a new study.
Why JPMorgan Adding Warren Buffett Investment Manager to Board Matters So Much
Everyone seems to overlook the past ties between Warren Buffett and JPMorgan. Now those ties just became even deeper.
Bernie Sanders Asks If Wells Fargo Incident Has Triggered Criminal Referrals to Justice Department
Perhaps another nail in the coffin of Wells Fargo & Co. (NYSE: WFC) CEO John Stumpf. Bernie Sanders, former presidential candidate and United States Senator from Vermont wants to know if the federal agencies…
Was a Wells Fargo Upgrade This Fast Really Warranted?
When scandals break, losses and opportunities can both arise. It has been without argument that Wells Fargo & Co. (NYSE: WFC) has seen its image smeared and tainted after its account-opening scandal. We have…
Deutsche Bank Rebuffs US Effort to Fine It $14 Billion — Bloomberg
Deutsche Bank has just turned down a request by the U.S. government to fine it $14 billion for its role in the financial debacle that nearly destroyed the American financial system.
At Home Scores on Q2 Earnings
At Home Group reported its fiscal second-quarter financial results after the markets closed on Tuesday, and shares rallied early Wednesay.
Fraud Costs Wells Fargo Shareholders $10 Billion
Wells Fargo shares have fallen so much from when the fraud was disclosed, which cost 5,200 employees their jobs and the bank suffered $185 million in fines, that $10 billion has been cut off…
Wells Fargo Enters the Penalty Box
How exactly will investors and bank clients alike treat Wells Fargo after the major fine and settlement that took place over unauthorized account openings?
Best States to Have Money in the Bank
It is hard to say whether hacking, number of branches, extra fees or troubles like those at Wells Fargo are the greatest danger to consumers. MoneyRates.com thinks it is none of these.
US Consumer Borrowing Rose $18 Billion in July
The Federal Reserve on Thursday released its preliminary report on consumer credit for the month of July 2016. On a seasonally adjusted basis, consumer credit rose 5.8% in the month, up from 4.8% growth…