Bank of America Still in Big Trouble
Bank of America may have settled on a $16.65 billion fine for mortgage law violations, but it is not past its legal problems.
Banking, finance, and taxes
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Newest first · Page 97Lending Club Files for IPO
Lending Club has filed with the U.S. Securities and Exchange Commission for an initial public offering.
The Worst Credit Cards in America
The abundance of rewards programs for U.S. credit card users might lead one to conclude that the best credit cards offer the best rewards.
Are Triple-Leveraged ETFs on the Way Out?
In a period when the stock market has hit new all-time highs, trading volume has been extremely light in the month of August.
3 Business Development Company Stocks With Attractive Dividends
The business development company segment may have come under fire this summer, but looking forward it still provides investment potential in the form of its dividends.
TARP Payback Scorecard
ThinkstockFollowing the financial crisis of 2008, the U.S. Treasury was authorized to commit up to $700 billion to a troubled asset relief program — TARP — in an effort to stop the bleeding in…
What $16.65 Billion Really Means to Bank of America
Bank of America shares rallied late on Wednesday on news that it has reached a $17 billion settlement with the Department of Justice.
Oppenheimer Says Buy the Big 3 Banks Instead Of Fully Valued Regionals
ThinkstockWall Street often operates inside what seems to be a vacuum, and once an idea becomes hot, everybody seems to want to follow it. One big trade that became hot earlier this year when…
Colorado Collects $6.5 Million In Taxes On Marijuana Sales
ThinkstockColorado collected $6.5 million in taxes and fees from marijuana in July, according to the Colorado Department of Revenue. The sum may not approach that of the fees many states collect for gambling, but could be enough…
Why Investors Cheered Annaly Earnings, Plus Key Analyst Upgrade
Annaly Capital Management reported a net loss, but its core earnings per common share were higher than the consensus estimate. It likely can maintain its very high dividend payouts
BofA Dividend Hike May Just Be the First Step in Capital Returns
Bank of America has delivered good news to its shareholders. It will no longer have that embarrassing one-cent dividend for its common stock.
AIG Keeps Chugging on Earnings and Share Buybacks
Wikimedia CommonsAmerican International Group Inc. (NYSE: AIG) led the week off and reported its second quarter earnings on Monday. The insurance giant has recovered since the recession, it has paid taxpayers back with a…
Top Analyst Large and Mid-Cap Bank Stock Picks After Earnings Season
Sterne Agee's bank research team published a list of its top stock picks to buy in the banking sector. We have featured the top large-cap and mid-cap stocks to buy from their list.
Why GE Stock Price Is Lower After Synchrony IPO
When General Electric first announced the spin-off of its North American credit card business, most observers were looking for the conglomerate to add about $3.2 billion to its coffers.
Synchrony IPO Fails to Deliver the Hoped-For Value for GE
Synchrony Financial opened its first day of trading at $23.00 a share, right on the initial public offering price it set Wednesday for 125 million shares.