ThinkstockThe sharp rise in mortgage interest rates over the past six months are going to do some serious damage to the nation’s largest mortgage lenders. Just last week, Wells Fargo & Co.…
ThinkstockThe big banks have gone to considerable lengths to mend the weaknesses that they were in before, during and after the recession. The public perception of the big banks is not very…
ThinkstockLess than half of Americans who use credit cards say they “completely understand” the terms of use for their cards. And just under 60% say they understand how to earn those rewards…
Wikimedia CommonsBeing an executive at J.P. Morgan Chase & Co. (NYSE: JPM) can be no easy job at the moment. This is one of only a few large institutions that could have…
Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM), which already faces a handful of federal investigations for a variety of alleged bad behavior, now faces a U.S. Securities and Exchange Commission (SEC)…
Paul Ausick ThinkstockThe U.S. Commodities Futures Trading Commission (CFTC) has subpoenaed documents and other communications and records going back to 2010 from a metals warehousing firm. Reuters reports exclusively that “a source with direct…
ThinkstockThe top 100 TV advertisers represent at least 50% of the market, and the top 20 represent 25 major brand advertisers. Their advertising agencies seek to buy media placements from a large,…
ThinkstockFor the second time in as many weeks, key commodities companies have been slapped with lawsuits alleging that the two banks boosted aluminum prices by manipulating warehouse stockpiles. Today’s lawsuit in Florida…
courtesy of FordAll of the Wall Street firms we cover, especially the large bulge bracket firms, have an extensive equity coverage list. In many cases the large firms cover more than 500…
ThinkstockThe housing collapse and the banking collapse nearly brought on a total meltdown of the financial markets. Ever since, we have heard shrill cries of not having any financial institution that is too…
Frank Golhen, via Wikimedia CommonsWith the equity markets seemingly hitting new all-time highs every day, we were intrigued by the makeup of the new UBS A.G. (NYSE: UBS) Equity Focus List. The…
ThinkstockThe recession turned the banks into whipping boys of Main Street, and finding many who feel sorry for the banks is no easy task. The issue that matters for your mutual funds…
ThinkstockSunday’s New York Times story on the shenanigans played by Goldman Sachs Group Inc. (NYSE: GS) at its aluminum warehouse in Detroit is nothing especially new. What is new is that the…
ThinkstockIn the first jury trial to be held in Oregon in a case of wrongful foreclosure, J.P. Morgan Chase & Co. (NYSE: JPM) did not fare well. The bank was scolded by…
Paul Ausick thinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) are reportedly negotiating a settlement of $500 million with the Federal Energy Regulatory Commission (FERC). The FERC announced penalties of about $470 million against Barclays…
