Banking & Finance

Why Oppenheimer Sees 30% Upside in Citigroup

Citigroup, Inc. (NYSE: C) just received one of its most bullish analyst calls that is currently available. The money center bank has come back as a dividend payer, and ...
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New York Fed Sees $2.5 Billion Profit on Bear Stearns in Final Maiden Lane Sales

The financial crisis and the Great Recession of a decade ago brought on some very positive and some very questionable outcomes after considering the banking bailouts. Some people wanted the ...
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Deutsche Bank Says Buy 3 Credit Card and Payment Processor Stocks Now

Think about it for a moment. How often do you actually pay for products and services with cash? If the answer is not very much, then you are like millions ...
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Rates Are Going Higher: Why Top Financial Stocks May Be the Best Q4 Buys

The divergence between emerging markets stocks and bonds and developed market securities is wide and could get wider if the Federal Reserve continues to raise rates as expected. One sector ...
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Major Banks Scare Off Short Sellers

The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the ...
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Insurers Bracing for Hurricane Florence, More Storm Threats Coming

Hurricane Florence is expected to hit the Carolinas as a major hurricane on Thursday evening, and it coincides with what is generally projected to be the peak-week of the 2018 ...
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Bank7 Announces Potential Pricing for IPO

Bank7 has registered an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company intends to price its 3.325 million shares ...
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How Did Americans Amass $23 Billion in Delinquent Credit Card Debt?

At the end of June, Americans had run up revolving (mostly credit card) debt of more than $1 trillion. That's actually below the peak of $1.03 trillion reached in December ...
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Major Banks Scare Off Short Sellers

The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the ...
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World’s First Blockchain-Managed Bond Launched

The World Bank and the Commonwealth Bank of Australia (CBA) have launched the first bond offering that was created and managed solely using blockchain technology. The A$100 million ($73.16 million) ...
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Massive Bank Profits Are Surging Under Tax Reform, Net Interest Income, Higher Loan Balances

The banking industry has seen its profits surge under a strong economy and tax reform. The Federal Deposit Insurance Corporation (FDIC) has released its Quarterly Banking Profile for the second ...
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Joe Public Is Running Out of Excuses Not to Invest and Save for the Future

In order to have a safe and comfortable future, whether it's for retirement or just building up a nest egg, it is important to understand that very few people can ...
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How Much Short Sellers Have Upped the Ante in Major Banks

The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the ...
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Merrill Lynch Has 3 Preferred Financials to Buy for the Rest of 2018

Despite what has been a very favorable backdrop for the top companies in the financial industry, stock performance for the first half of 2018 was less than stellar. With the ...
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Will Zero-Fee ETFs and Mutual Funds Destroy the Profitability of Investment Managers?

When investors place money with mutual fund managers or invest in exchange traded funds and equities, they automatically assume that they will have to pay fees. These may be one-time ...
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