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…
thinkstockJune 9, 2014: Markets opened mixed on Monday before turning positive shortly after the opening. The S&P 500 and the DJIA dipped briefly into the red on some profit-taking in the mid-afternoon,…
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…
thinkstockJune 5, 2014: Markets opened higher on Thursday, took a short-lived trip south, and then tacked a nice gain on all three major indexes. New claims for jobless benefits posted their lowest…
Now that Bank of America has resubmitted its capital plan to the Federal Reserve, the bank's SEC filing showed an almost non-event from the third party review on any of its key…
ThinkstockBig banks that once made big bucks in physical commodities markets are now looking to pull out of those markets as new rules regarding capital requirements for those physical holdings take effect.…
These are the top Wall Street analyst upgrades, downgrades and initiations seen on Wednesday, May 21, 2014. They include AIG, Bank of America, Citigroup, Nokia, Marketo and Voya Financial.
A new report from Deutsche Bank points out a pullback in monetary policy is a near-term negative. The firm does however, have five top bank stocks to buy now that it remains…
ThinkstockThe Federal Reserve releases its balance sheet details each week. These are no longer moving the credit markets as the perception is that the end of quantitative easing has started via the…
Wikimedia CommonsGet ready for the debate over “too big to fail” all over again. It is always interesting when a former Federal Reserve Chairman is out speaking about the world after their…
Jon C. Ogg thinkstockMay 6, 2014: Markets opened lower on Monday and sank slowly and surely for the rest of the day. The dollar weakened against the yen overnight removing some enthusiasm for risk in…
ThinkstockAmerican consumers have a higher opinion of Amazon.com than any other company. For the second year in a row, the online retailer held the top slot, beating out popular brands like Apple,…
thinkstockApril 11, 2014: Markets opened lower on Friday with the S&P 500 and the Nasdaq Composite breaking into positive territory late in the morning. Unfortunately neither index could hold the gain as…
Wells Fargo reported better-than-expected first-quarter earnings before markets opened Friday morning. The said it will raise its dividend and repurchase 350 million of its shares.
JPMorgan Chase reported disappointing fiscal first-quarter results before markets opened Friday morning. It also raised its dividend and said it will repurchase $6.5 billion in common stock.
Paul Ausick 
