US bank earnings up 5.2 percent in 2Q
By MARCY GORDON - AP - Thu Aug 28, 5:16PM CDT
WASHINGTON (AP) — U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007.
Final Glance: Banks companies
AP - Thu Aug 28, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were down at the close of trading:
JPMorgan investigating possible cyberattack
By STEVE ROTHWELL - AP - Thu Aug 28, 4:29PM CDT
NEW YORK (AP) — JPMorgan Chase, the nation's biggest bank by assets, is working with law enforcement officials to investigate a possible cyberattack, said a person familiar with the situation who spoke on condition of anonymity, though the bank isn't currently seeing any unusual fraud activity at the time.
Why Bank of America, Citi, JPMorgan, Wells Fargo Still Face Hurdles
at The Street - Thu Aug 28, 1:19PM CDT
The 'too big to fail' banks increased total assets by 4.2%, according to the FDIC Quarterly Banking Profile.
Midday Glance: Banks companies
AP - Thu Aug 28, 12:19PM CDT
NEW YORK (AP) — Shares of some top banks companies are down at 1 p.m.:
Citigroup (C) Crosses Pivot Point Support at $51.60
Comtex SmarTrend(R) - Thu Aug 28, 10:13AM CDT
Shares of Citigroup (NYSE:C) have bearishly opened below the pivot of $51.94 today and have reached the first support level of $51.60. Investors may be interested in a cross of the next downside pivot targets of $51.35 and $50.76.
7 Lessons about Banking from 200 Years of History
John Maxfield, The Motley Fool - Motley Fool - Thu Aug 28, 10:08AM CDT
The scene on Wall Street during the Panic of 1907. Source: Wikimedia Commons The history of finance is dominated by the fact that banks are innately unstable. Even the most conservative lender is only one severe credit cycle away from failure. ...
Early Glance: Banks companies
AP - Thu Aug 28, 9:31AM CDT
NEW YORK (AP) — Shares of some top banks companies are down at 10 a.m.:
SEC adopts rules on loan-backed securities
By MARCY GORDON - AP - Wed Aug 27, 6:24PM CDT
WASHINGTON (AP) — Federal regulators on Wednesday voted to require financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, to give investors details on borrowers' credit records and income.
Citi Third Quarter 2014 Fixed Income Investor Review
Business Wire - Wed Aug 27, 3:15PM CDT
John Gerspach, Chief Financial Officer, and Eric Aboaf, Treasurer, will conduct the Citigroup third quarter 2014 Fixed Income Investor Review at 10:00 AM (ET) on Friday, October 17, 2014. The review will be available live via webcast and teleconference.
Citigroup Fined $1.85M by FINRA for Bad Pricing & Negligence - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 27, 10:50AM CDT
Citigroup Global Markets Inc., a unit of Citigroup Inc. (C) was recently fined by the Financial Industry Regulatory Authority (FINRA) for failure to give customers the best possible prices, and deficient supervisory procedures.
Goldman Sachs' 50 Stocks That Matter Most to Hedge Funds
at The Street - Wed Aug 27, 9:58AM CDT
This list of 50 stocks from Goldman Sachs Spreadsheet are those that appear most frequently among the top holdings of hedge funds. The portfolio beat the S&P 500 YTD gain.
Settlement of Claims, Commencement of Offer, Upcoming Events, and Distributions - Research Reports on Bank of America, Citigroup, JPMorgan, Wells Fargo and American Homes
PR Newswire - Wed Aug 27, 7:50AM CDT
Today, Analysts Review released its research reports regarding Bank of America Corp. (NYSE: BAC), Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co. (NYSE: WFC) and American Homes 4 Rent (NYSE: AMH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5997-100free.
Another Blow from SEC: Tougher Rules for Asset-Backed Bonds - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 26, 6:08PM CDT
According to a Bloomberg report, the final disclosure rules for asset-backed bonds issuers are to be announced by the U.S. Securities and Exchange Commission (SEC), later this week on Aug 27.
Grubhub (GRUB) Falls on Announcement of Secondary Offering - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 26, 5:31PM CDT
Grubhub Inc. (GRUB) recently announced that it has made a confidential filing with SEC related to a proposed follow-on public offering of its common stock worth $10 million.
Most active New York Stock Exchange-traded stocks
AP - Tue Aug 26, 5:05PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
Investing in European Banks: Winners and Losers
at The Street - Tue Aug 26, 12:42PM CDT
The best global bank investments for the next year would tend to be those that are reasonably well managed with decent expected returns, strong volume with low downward revisons.