After backing out the $3.8 billion in charges for settling its dispute with the U.S. Department of Justice, Citigroup reported better-than-expected second-quarter results Monday morning.
ThinkstockThe week of July 14 to July 18 is going to mark the official launch of earnings season. Already we have seen Alcoa please the street and set a positive bias, but…
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…
thinkstockJuly 8, 2014: Markets opened down on Tuesday following a down-day Monday. The Nasdaq was particularly hard hit as the tech and biotech sectors were absolutely hammered. Shortly before the closing bell…
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.
Paul Ausick 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…
