Could Volcker Rule Change Best Bank Stock for 2014?
Public domain via Wikimedia CommonsWith an expected vote due next Monday on the so-called Volcker rule, one question on big bank stocks is whether the impact of that rule has been fully…
Public domain via Wikimedia CommonsWith an expected vote due next Monday on the so-called Volcker rule, one question on big bank stocks is whether the impact of that rule has been fully…
ThinkstockBank of America Corp. (NYSE: BAC) is having a bit of an unusual bond sale, and it is something we might have overlooked had it been anything else but this. The bank…
ThinkstockThe country’s largest banks have had a pretty good year so far in 2013 and an even better trailing 12 months. Nothing seems to be able to quench investors’ appetite for bank…
ThinkstockFour of the largest U.S. banks saw their ratings from Moody’s Investors Service cut on Thursday. The agency cited the reduced likelihood that the government would help Bank of New York Mellon…
ThinkstockThe UBS proprietary institutional flow data indicates that hedge funds are increasing exposure to financials and decreasing exposure to health care. Given that health care has outperformed significantly year to date, hedge…
Courtesy Boeing Co.The third-quarter earnings season has been a very successful one. Most companies have beaten earnings expectations this quarter, continuing a long streak of better-than-expected earnings reports. The U.S. equity research…
ThinkstockBankers are still not very well thought of after the financial meltdown, even if they might not have ben that well thought of before the meltdown. Still, at some point the public…
ThinkstockA deal between Democrats and Republicans has supposedly been reached in Washington, D.C., to end the government shutdown and to end the debt ceiling expiration. While many people expect that this will…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp. (NYSE: BAC) reported third-quarter 2013 results before markets opened Wednesday morning. The investment bank and financial services giant posted…
Wikimedia CommonsThe general investing public will spend much of its energy waiting for earnings from famous companies such as Facebook Inc. (NASDAQ: FB) and J.C. Penney Co. Inc. (NYSE: JCP). These are…
ThinkstockIt is always interesting when bank analysts and brokerage firm analysts upgrade or downgrade their peers and competitors. The same is true for when they initiate research coverage. So what are investors…
ThinkstockThe Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve’s Board of Governors Thursday morning released the public portions of the so-called annual resolution plans for 11 of the country’s largest banks. The…
ThinkstockAfter the market implosion of 2007 and 2008, the major U.S. banks were all reeling from the same disease. The housing bust and the slew of horrible mortgage backed securities deals that…
Frank Golhen, via Wikimedia CommonsMonday is the first day of trading for the new lineup on the Dow Jones Industrial Average (DJIA) index. The new team is off to a bit of…
ThinkstockMaybe it just feels like it (or looks like it), but the upcoming layoff of 4,500 people at BlackBerry Ltd. (NASDAQ: BBRY) had some company this past week. A number of other…