ThinkstockNomura is out with a report that bodes marginally well for banks issuing credit cards and private credit card issuance. Nomura’s Bill Carcache is signaling that more issuers are now reporting positive…
ThinkstockIf any Wall Street sector has had headline risk for the past year, and some would say five years, it is the banking sector. Despite a horrible public relations nightmare as the…
thinkstockJuly 15, 2014: Markets opened higher on Tuesday following good earnings reports from two of Wall Street’s biggest banks. Momentum stocks in biotech and social media were called out by Fed chair…
Tuesday morning reports from both J.P. Morgan Chase and Goldman Sachs continued the string of positive earnings reports from Wall Street's biggest banks.
J.P. Morgan reported lower than a year ago but better than expected second-quarter results before markets opened Tuesday morning.
Paul Ausick 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…
