brokerage firms

Source: 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 survived without a...
Source: Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseThere is a major development happening at Bank of America Corp. (NYSE: BAC). Bloomberg news has reported that Bank of America...
Source: ThinkstockYou probably remember the debacle around the BATS initial public offering (IPO). This is supposed to be the third largest equities exchange, but its IPO cancellation came with a...
Source: ThinkstockCharles Plosser, President and Chief Executive Officer of Federal Reserve Bank of Philadelphia, gave a speech on Thursday afternoon discussing how to end the “Too Big To Fail”...
Investors and traders alike always seem to be on the lookout for new speculative investment ideas that can generate massive long-term or short-term gains. While investors get to see many Buy ratings...
Source: wikicommons / SkimstaWhat we are seeing is in Cyprus an instance when taxation becomes theft. When depositors place money in banks, they assume that their deposits are safe as long as the...
Source: Wikimedia CommonsIt is probably of little comfort to existing shareholders that Citadel Investment Group is selling its remaining stake in E*Trade Financial Corp. (NASDAQ: ETFC). The near 10%...
Source: Frank Golhen, via Wikimedia CommonsThe research team at the Bank of America Corp. (NYSE: BAC) unit Merrill Lynch is resuming coverage of the public financial...
Source: ThinkstockThe U.S. banking sector is looking better in 2013 than it did in 2012, 2011 and so on. Balance sheets, credit metrics and underlying asset values continue to recover. Still, the...
Source: ThinkstockIf you have read 24/7 Wall St. for a while, you know that we love to cover popular topics and the financial numbers behind them. This is from demographic trends, economic trends,...
Source: ThinkstockCredit Suisse (NYSE: CS) downgraded its rating on Bank of America Corp. (NYSE: BAC) due to valuation after such a monumental rise. After all, the bank was the top-performing DJIA...
Morgan Stanley (NYSE: MS) has agreed to buy an additional 14% stake in Morgan Stanley Smith Barney (MSSB) from Citigroup Inc. (NYSE: C) for $1.89 billion. The amount puts the full value of MSSB at...
Reports were out over the weekend that Knight Capital Group Inc. (NYSE: KCG) was raising some $400 million in bailout and survival capital. The company confirmed this in an SEC filing on Monday...
American International Group, Inc. (NYSE: AIG) is just one more step closer to being a self-governing company without the oversight of taxpayers and the government.  Still, AIG owes all of us...
Knight Capital Group Inc. (NYSE: KCG) is surging this Friday morning. The gain is based on news headlines that the trading firm has secured a line of credit and that the firm is telling trading firms...