Three Regional Lenders With Dividends That Top JPM, USB and WFC
at The Street - Mon Sep 01, 3:46PM CDT
Northwest Bancshares, Oritani and Univest prove that banks don't have to be big to have big dividends and big profit margins.
Peter D. Hancock Assumes Role as AIG President and Chief Executive Officer
Business Wire - Mon Sep 01, 7:00AM CDT
American International Group, Inc. (NYSE:AIG) today announced that, in accordance with the company's succession plan, previously disclosed on June 10, 2014, Peter D. Hancock has assumed the role of President and Chief Executive Officer of AIG, and has joined AIG's Board of Directors. Mr. Hancock succeeds Robert H. Benmosche, who retired and now serves as an advisor to AIG.
Guess Where the Latest Highly-Paid Jobs Are Coming From? Hint: It’s Not Tech
Amanda Alix, The Motley Fool - Motley Fool - Sun Aug 31, 9:00AM CDT
While many Millennials face underemployment for the first few years after they graduate from college, there are some occupations in which bright young things with a year or two of experience can expect to earn $85,000 per year. One of these is ...
Morgan Stanley Plans to Build CNG Export Facility in Texas - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 4:45PM CDT
Morgan Stanley (MS) has submitted its plans for setting up a compressed natural gas export facility near Freeport,TX to the U.S. Department of Energy's Office of Fossil Energy, as per Reuters.
Economic sanctions spare Western-tied Russian fund
By JEFF HORWITZ and STEPHEN BRAUN - AP - Fri Aug 29, 4:21PM CDT
WASHINGTON (AP) — Western business connections are complicating efforts to bring economic sanctions against executives and companies closely aligned with Russian President Vladimir Putin's inner circle. A prime example: the Russian Direct Investment Fund, a $10 billion sovereign wealth fund that's escaped sanctions in spite of international efforts to punish Russia for its incursions in Ukraine.
Lower FICC Hits Top Investment Banks, 1H14 Revenues Down 5% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 1:38PM CDT
Weak fixed income, currencies and commodities (FICC) revenues hit the world's top 10 investment banking giants with their top line witnessing a 5% decline in the first half of 2014, according to a report released on Wednesday by Coalition, a U.K. based analytics firm
If We Have Cyberwar With Russia, You Are on the Front Line
at The Street - Fri Aug 29, 12:07PM CDT
This week's announced cyberattack at JPMorgan Chase may have been just about money. But if a cyberwar is coming, all your computers are on the front line.
Dump These Funds as Municipal Bonds May Lose Liquid Status - Mutual Fund Commentary
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 11:17AM CDT
According to a Bloomberg report, municipal bonds may no longer be a part of banks' easily sellable assets following a ruling on Sept. 3rd.
Why AGCO (AGCO) Stock Is Gaining Today
at The Street - Fri Aug 29, 10:43AM CDT
Agco (AGCO) shares are climbing after being upgraded to 'neutral' from 'underweight' by analysts at JPMorgan (JPM) on Friday.
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.
Business Highlights
By The Associated Press - AP - Thu Aug 28, 4:57PM CDT
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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.
After Hours Stock News: JP Morgan Cyber Attack and Radio Shack Buyout - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 28, 4:25PM CDT
Zacks Daily Summary of Market News. JP Morgan hit with cyber attack and buyout rumors push RadioShack 40% higher.
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.
JPMorgan Chase (JPM) Crosses Pivot Point Support at $59.43
Comtex SmarTrend(R) - Thu Aug 28, 11:41AM CDT
JPMorgan Chase (NYSE:JPM) has opened bearishly below the pivot of $59.69 today and has reached the first level of support at $59.43. Analysts will be watching for a cross of the next downside pivot targets of $59.27 and $58.85.
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. ...
How Will JPMorgan (JPM) Stock Be Affected By Hacking Attack?
at The Street - Thu Aug 28, 10:04AM CDT
JPMorgan (JPM) is working with the FBI to discover the depth of a computer hacking attack that has targeted large financial institutions in the U.S.
Aug. 28 Premarket Briefing: 10 Things You Should Know
at The Street - Thu Aug 28, 5:50AM CDT
U.S. stock futures slip ahead of GDP data; FBI investigates hacking of JPMorgan, other banks; judge rejects Apple bid to block sale of Samsung phones.
SmartStream hires industry veteran Tom Dalglish to head transformation services
Business Wire - Thu Aug 28, 2:00AM CDT
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM(R)) specialist, today announced the hire of Tom Dalglish to manage transformation projects for post-trade processing and data management services for global clients. Initially he will be responsible for managing the back-office transformation programme with one of Europe's largest banks.
FBI investigating reports of attacks on US banks
AP - Wed Aug 27, 9:58PM CDT
NEW YORK (AP) — The FBI said Wednesday it's working with the Secret Service to determine the scope of recently reported cyberattacks against several U.S. financial institutions.