Why Credit Suisse (CS) Stock Is Lower Today
at The Street - Mon May 05, 12:35PM CDT
Shares of Credit Suisse (CS) are down -2.35% after the Justice Department said today it's pursuing criminal investigations of financial institutions that could result in action in the coming weeks and months.
Why BNP Paribas (BNPQY) Stock Is Down
at The Street - Wed Apr 30, 9:25AM CDT
Shares of BNP Paribas (BNPQY) are down -3.90% to $37.20 after it was reported that the France-based bank faces fines of about $2 billion as well as criminal charges for violating U.S. economic sanctions against several countries including Iran.
French bank warns of possible hit from US fine
AP - Wed Apr 30, 7:09AM CDT
PARIS (AP) — BNP Paribas says it may face fines far higher than the $1.1 billion it set aside last year after the French bank became the subject of a U.S. investigation into alleged financial wrongdoing.
Bernanke regrets not explaining crisis better
By ROB GILLIES - AP - Tue Apr 22, 3:34PM CDT
TORONTO (AP) — Former U.S. Federal Reserve Chairman Ben Bernanke said he could have done a better job in helping people understand the action the central bank took during the financial crisis.
Yellen: Job market needs low rates 'for some time'
By MARTIN CRUTSINGER - AP - Mon Mar 31, 3:13PM CDT
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen made clear Monday that she thinks the still-subpar U.S. job market will continue to need the help of low interest rates "for some time."
Legg Mason to Acquire QS Investors - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 05, 6:30PM CST
Baltimore-based Legg Mason Inc. inked a deal to acquire New York based private asset manager QS Investors in order to expand its global investment products portfolio
RBS to Axe 30,000 jobs - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 24, 12:17PM CST
As part of its restructuring activities,The Royal Bank of Scotland Group plc is set to eliminate a minimum of 30,000 employees in its investment banking division and international operations in the coming three to five years.
Applications for jobless benefits rise to 339K
By CHRISTOPHER S. RUGABER - AP - Thu Feb 13, 9:10AM CST
WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits rose 8,000 last week to 339,000, evidence that layoffs ticked up. Still, the increase wasn't enough to suggest the job market is worsening.
Emerging markets' turmoil likely to stay contained
By PAUL WISEMAN and STEVE ROTHWELL - AP - Mon Feb 03, 4:39PM CST
WASHINGTON (AP) — From Turkey to South Africa to Argentina, emerging markets are being slammed by rising inflation, economic mismanagement and political turmoil.
US consumer prices up 0.3 pct, most in 6 months
By CHRISTOPHER S. RUGABER - AP - Thu Jan 16, 4:17PM CST
WASHINGTON (AP) — U.S. consumer prices rose last month by the most since June, driven up by higher gas prices, but excluding energy, inflation was tame.
Can BNP Paribas (BNPQY) Stock Continue to Grow Earnings? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Jan 15, 7:47AM CST
One company that might be well-positioned for future earnings growth is BNP Paribas (BNPQY) in banking and financial services space that witnessed a significant EPS growth last year, and is looking great for this year too.
Weekly US unemployment benefit claims drop to 330K
By JOSH BOAK - AP - Thu Jan 09, 8:45AM CST
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell 15,000 last week to a seasonally adjusted 330,000, signaling fewer layoffs and steady job growth.
The Banks With the Most Loyal Customers
Patrick Morris, The Motley Fool - Motley Fool - Wed Dec 04, 10:55AM CST
Thanks to the rise in easy-to-use technology, switching between banks is perhaps easier now than it has ever been before, and the banks with the best customer loyalty are sure to be rewarded. Bain & Company, a consultancy, notes that, " he...
Strength Seen in Grupo Financiero (GGAL): Stock Surges 10.2% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Nov 27, 7:32AM CST
Grupo Financiero Galicia S.A. was a big mover yesterday, as the company saw its shares rise by over 10% on the day.
RBS to Vend Derivative Biz - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 19, 11:50AM CST
The Royal Bank of Scotland Group plc is in negotiation to divest its structured retail investor products and equity derivatives operations to Paris-based BNP Paribas SA.
TWITTER IPO LIVE: Strong market debut for Twitter
AP - Thu Nov 07, 4:11PM CST
NEW YORK (AP) — Twitter had a strong public stock debut Thursday in the most highly anticipated initial public offering since Facebook's last year.
Twitter appeal wanes in parts of Asia
By YOUKYUNG LEE - AP - Thu Nov 07, 10:34AM CST
SEOUL, South Korea (AP) — Too open. Too crowded. Too difficult.
Phoenix Light Sues Credit Suisse - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 11, 8:20AM CDT
Ireland-based investment fund, Phoenix Light SF Ltd. sued Credit Suisse for the misrepresentation of mortgage-backed securities.
Fewest Americans since 2007 seek jobless benefits
By CHRISTOPHER S. RUGABER - AP - Thu Aug 15, 10:35AM CDT
WASHINGTON (AP) — The number of Americans seeking unemployment benefits dropped 15,000 last week to a seasonally adjusted 320,000, the fewest since October 2007 — a sign of dwindling layoffs and steady if modest job growth.
Goldman Cuts Stake in Rothesay - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 12, 12:20PM CDT
Wall Street biggie - The Goldman Sachs Group Inc. (GS) is expected to shed its majority stake over a span of one year in London-based Rothesay Life Ltd., the European Insurance Unit of the bank.