brokerage firms

Online and Discount Trading Firms See More Carnage From Zero-Commission Efforts

The world of trading stocks, bonds, mutual funds and exchange-traded funds has been an ever-changing landscape. Charles Schwab Corp. (NYSE: SCHW) came public in the 1980s and its model as ...
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Charles Schwab Takes Wrecking Ball to Online Brokers: Free Commissions and No Minimums

Widely discussed over the past two decades is that the business of brokerage commissions was on a long-term race to zero. While some commission-free offerings and other almost-free offerings have ...
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Joe Public Is Running Out of Excuses Not to Invest and Save for the Future

In order to have a safe and comfortable future, whether it's for retirement or just building up a nest egg, it is important to understand that very few people can ...
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analysis

Have Online Brokers Been Overly Punished Around Brexit and Rates Being Lower For Longer?

Many investors have been complaining for years that it is just too hard to make money off of their investment money. The same has become equally true for the online ...
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burning cash

Wall Street Bonuses and Profitability Heading Lower, Maybe Far Lower

Working on Wall Street used to be the biggest dream job in the world. The movie "Wall Street," unexpectedly to its producer, glorified the creed of "greed is good," and ...
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goldman sachs

Why Oppenheimer Sees Substantial Upside in Goldman Sachs

When one investment banking firm initiates coverage on a rival firm, some cynical investors may think that the firm is really talking up its view on itself. That has not ...
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Money background. Close-up.

What the Latest Trading Metrics Mean for Potential Online Brokerage Mergers

With consolidation expected to occur in the online brokerage industry as interest rates begin to rise, 24/7 Wall St. wanted to see how the major online and discount brokerages now ...
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Merger

Is Rekindled E*Trade Buyout Chatter More Realistic Ahead of 2016?

If there has been one financial merger that never took place but could, it is -- or was -- the would-be buyout of E*Trade Financial Corp. (NASDAQ: ETFC). The biggest ...
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Goldman Sachs

Goldman Sachs Earnings Lives Up to Golden Slacks Nickname

Goldman Sachs Group Inc. (NYSE: GS) has reported its first-quarter earnings for 2015, and it looks as though the firm is living up to the name Golden Slacks. Net revenue ...
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Citi_logo_black

Citigroup Ranked Last in Investor Satisfaction Study

The proliferation of self-directed investment choices has not eliminated the need for full-service investment advisory firms, particularly among older (and presumably wealthier) Americans. But the industry may not be making ...
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Wall Street Bonuses Hit Third Highest Year Ever in 2014

It is the time for yet another round of evaluating who makes what and how much they deserve. This round pertains to the contested Wall Street bonuses and pay. New ...
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Swiss Franc Bills

Interactive Brokers Outlines Exposure to Swiss Franc Losses

The movement in the Swiss franc caused much carnage in European markets on Thursday, as well as the many international brokers and lenders that were affected, depending on their level ...
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Goldman Sachs

The Bullish and Bearish Case for Goldman Sachs in 2015

With the bull market nearing six years old, it turned out that the Dow Jones Industrial Average (DJIA) rose by 7.5% and the S&P 500 Index rose by 11.4% in ...
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Wall Street

Sidoti Files for IPO: Wall Street Boutique Firm

Sidoti & Company Inc. has filed its S-1 form with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO). No terms given for the offering, but ...
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Banks With the Most Branches

As of June, there were 94,725 bank branches in the United States, according to recently released data from the Federal Deposit Insurance Corporation (FDIC). This represents the lowest reported figure ...
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