Citigroup reported better-than-expected second-quarter results before markets opened Monday -- not including a big settlement related to residential-backed mortgage securities and collateralized debt obligations.
Shares of Wells Fargo & Co. opened down about 1.3% Friday, following a lackluster second-quarter earnings report. The bank had some trouble putting its deposits to work earning returns.
Wells Fargo & Co. reported second-quarter results before markets opened Friday morning that neither impressed nor disappointed investors.
ThinkstockThe Federal Reserve released the minutes of the June meeting of its Federal Open Market Committee (FOMC) on Wednesday afternoon. The minutes indicate that the FOMC plans to end its monthly asset purchases in…
ThinkstockWells Fargo & Co. (NYSE: WFC) may be the favorite bank stock and largest holding of Warren Buffett, but the banking giant is going to kick off earnings season for the financial stocks Friday morning.…
A new research report from the banking analysts at Baird maintains that enthusiasm around improving loan growth should help offset potentially weaker net interest margin guidance.
Following Tuesday evening's announcement that J.P. Morgan Chairman and CEO Jamie Dimon has throat cancer, investors will be closely monitoring his treatment.
Only just recently have analysts and credit ratings agencies warmed up to National Bank of Greece and other banks in Greece. Now S&P reclassifies Greece's banking industry.
ThinkstockThe data group named eVestment has a report of inflows of capital for the hedge fund industry which was published on Wednesday. After another $22 billion in new capital was allocated to hedge funds…
Citigroup is finding out that it also gets a turn in the mortgage settlement barrel. Shares have dropped on Friday on news that the U.S. Department of Justice is seeking a $10 billion fine…
ThinkstockIt has only been about 10 days since we pondered whether the bond rally was signaling the risk of a recession or something else negative in a flight to safety trade. And now a…
Wikimedia CommonsAmerican International Group Inc. (NYSE: AIG) announced after markets closed on Tuesday that Peter D. Hancock who is currently an executive vice president and CEO of AIG Property Casualty will succeed Robert H.…
ThinkstockStandard & Poor’s has issued a somewhat cautious note on Tuesday covering emerging markets. While many of these international markets have downgrade risks, S&P noted that Russia faces the largest downgrade risks of them…
Shares of Capital One Financial rose on Monday after an analyst research report highlighted that the company may be the best positioned credit card issuer for its investors ahead.
A new report from UBS dissects all of the revenue streams for the big banks, and one thing is for sure, the pie that used to be pretty huge around the street is shrinking.…