2 New Issues IPO Investors Need to Know About for This Week
Eric Volkman, The Motley Fool - Motley Fool - Sun Jun 01, 10:30AM CDT
Investors could be forgiven for thinking that the IPO market has fallen into a ditch and can't get out. Last week saw a grand total of zero new issues, while in the coming five days only a single new stock, Arista Networks , is scheduled to hit the...
Los Angeles sues JPMorgan Chase over foreclosures
AP - Fri May 30, 7:25PM CDT
LOS ANGELES (AP) — Los Angeles is suing JPMorgan Chase for mortgage discrimination that the city says led to a wave of foreclosures that blighted neighborhoods, reduced property taxes and increased the need for costly city services.
Final Glance: Banks companies
AP - Fri May 30, 5:05PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
IPO Stock Watch: Arista Networks Leads IPO Calendar
at Investor's Business Daily - Fri May 30, 1:28PM CDT
Arista Networks is the largest of three initial public offerings set to launch the week of June 2. Arista provides cloud-based switching technology that helps handle traffic at Internet data centers for companies like Yahoo (YHOO) and Facebook (FB)....
Midday Glance: Banks companies
AP - Fri May 30, 12:19PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Wells Fargo to Settle $62.5M Lawsuit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri May 30, 9:50AM CDT
Wells Fargo & Company (WFC) is set to end a class action lawsuit filed in 2010 by paying $62.5 million, according to a Reuters report
Early Glance: Banks companies
AP - Fri May 30, 9:29AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
Can Goldman Sachs Lower Crime? - Real Time Insight
John Blank - ZACKS - Fri May 30, 8:30AM CDT
Goldman Sachs Invested $9M In a Social Impact Bond. Can It Work?
Why Citigroup Inc’s Patience Is a Virtue, but Terrible for PennyMac Mortgage Investment Trust
Dave Koppenheffer, The Motley Fool - Motley Fool - Fri May 30, 7:56AM CDT
What : Citigroup is a massive global bank which, following the financial crisis, had a ton of distressed assets it was determined to sell. So determined, in fact, the company was willing to part with the loans at a fairly sizable discount to...
As part of Pathways to Progress, the Citi Foundation Commits $2.1 Million to Support Career Mentoring for Youth
Business Wire - Fri May 30, 7:00AM CDT
The Citi Foundation today announced it will provide a total of $2.1 million to support initiatives by Management Leadership for Tomorrow (MLT) and iMentor to connect high-potential students from low-income households with early- to mid-career professionals to provide critical career counseling and mentoring. The focus on mentoring as a cornerstone of youth career readiness and professional development is closely aligned with Pathways to Progress, the Citi Foundation's three-year $50 million initiative announced this year to unlock economic opportunity for 100,000 low-income youth in 10 cities across the United States.
Cubed names Paul Turino as Chief Operating Officer
M2 - Fri May 30, 3:06AM CDT
Cubed Inc (OTCQB: CRPT), the owner and operator of the IP related to the Get CUBED mobile-first platform, announced on Thursday the appointment of Paul Turino as chief operating officer of the company, which was approved by its board of directors on 27 May 2014.
This 149-Bagger Has Bought DuPont, Citigroup, and Delta Air Lines
Selena Maranjian, The Motley Fool - Motley Fool - Thu May 29, 5:24PM CDT
The latest 13F season is here, when many money managers issue required reports on their holdings. It can be worthwhile to pay attention, as you might get an investment idea or two by seeing what some major investors have been buying and selling. ...
Wells Fargo's Legal Woes Persist - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 29, 3:00PM CDT
The U.S. District Judge, Otis Wright II in Los Angeles rescinded the bid filed by Wells Fargo & Company (WFC) regarding the dismissal of a lawsuit charged against the bank by Los Angeles City.
Mexico arrests businessman in Citigroup fraud case
AP - Thu May 29, 11:28AM CDT
MEXICO CITY (AP) — Mexican prosecutors have filed fraud charges against a businessman linked to a $400 million loss at Citigroup's Mexican bank subsidiary.
Dismal 1Q Earnings for FDIC-Insured Banks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 29, 9:40AM CDT
Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported first-quarter 2014 earnings of $37.2 billion, lagging the year-ago earnings of $40.3 billion by 7.6%.
Hedge Fund Assets to Double to $5.8 Trillion by 2018, Driven by Diversity and Focus of Offerings: Citi Investor Services Survey
Business Wire - Thu May 29, 9:05AM CDT
The hedge fund industry has survived the global financial crisis, diversified its offerings beyond its traditional investor bases, and is currently in a phase of optimizing its business operations and offerings, according to Citi Investor Services' 5th Annual Industry Evolution survey.
Citi Names Richard Banziger Head of Citi Commercial Bank in the U.S.
Business Wire - Thu May 29, 9:00AM CDT
Citi today named Richard Banziger Head of Citi Commercial Bank in the U.S. A 30-year veteran of Citi's Institutional Clients Group, Banziger will lead the bank's expanding middle-market banking business across the country. He replaces Will Howle, who was named Head of Citi's U.S. Retail Bank in April. Banziger, who will begin his new role at the end of June, will report to Jane Fraser, CEO of Citi U.S. Consumer and Commercial Banking and CitiMortgage, and Sunil Garg, Head of Citi Commercial Bank globally.
Will This Downgrade Have A Negative Impact On DSW (DSW) Stock Today?
at The Street - Thu May 29, 8:24AM CDT
DSW (DSW) was downgraded to 'neutral' from 'buy' at Citigroup (C) on Thursday.
The Little Known Way Bank of America Corp Is Topping Wall Street
Patrick Morris, The Motley Fool - Motley Fool - Thu May 29, 7:45AM CDT
Think you know everything about Bank of America ? It's just a collection of industry-lagging and risky businesses, right? Dead wrong. The surprising lead At a recent conference, the head of corporate and investment banking at Bank of America,...