The latest survey gauging customer satisfaction with mortgage servicers was released last week, and it delivered both good and not-so-good news.
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July 22 - News
Citigroup Inc (NYSE:C) becomes the third money center bank to report its performance for the second quarter, after JPMorgan Chase & Co.
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July 20 - News
Earnings results have kept banks in the limelight this week, as Bank of America Corp (NYSE:BAC) turned in its own sweet second-quarter numbers, following similar stellar announcements...
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July 19 - News
Bank results are a good proxy of what might be happening in the economy.
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July 19 - News
Most of Wells Fargo & Co (NYSE:WFC)’s business activities are based around lending and fee-based activities on the small business and consumer level.
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July 19 - News
Editor's Note: Related tickers: Chipotle Mexican Grill, Inc. (NYSE:CMG), Herbalife Ltd. (NYSE:HLF), Hess Corp. (NYSE:HES), Citigroup Inc (NYSE:C), Goldman Sachs Group, Inc.
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July 19 - Hedge Funds
Common sense seems to dictate that rising mortgage rates will hurt the housing market by depressing the demand for purchase-money mortgages.
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July 17 - News
Although sometimes it may not seem to be true, the global economy continues its steady recovery from the devastating effects of the recent financial crisis.
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July 17 - News
Wells Fargo & Co (NYSE:WFC) is on a tear lately; the stock has risen by more than 25% in the last year, and is now trading at new historical highs after reporting better than ...
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July 17 - News
Two hours into trading, Citigroup Inc (NYSE:C) is up 0.8%, riding the market wave of reassuring -- or at the very least not terrifying -- congressional testimony from Federal...
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July 17 - News
Recent deals have performed so well that investment bankers are hustling the next crop up to the starting gate at a rapid pace. You can't blame them.
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July 17 - News
Since the beginning of the year, Citigroup Inc (NYSE:C) has beaten the performance of the overall stock market.
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July 17 - News
Following the best week for U.S.
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July 17 - News
Bank of America Corp (NYSE:BAC) is scheduled to release its quarterly earnings report tomorrow, and with its report coming on the heels of similar announcements from many of ...
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July 16 - News
Ten bucks says that if you jumped in your car and drove within a five-mile radius of a suburban area, you would pass at least 10 bank branches.
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July 16 - News
At the moment, banks may be one of the best opportunities for investors.
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July 16 - News
It's on a roll. Wells Fargo & Co (NYSE:WFC) was trading at $43.35 shortly before 11 a.m. EDT.
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July 15 - News
At mid-morning, shares have risen admirably, building on the momentum the bank's stock price experienced last Friday.
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July 15 - News
We maintain a database of quarterly 13F filings from hundreds of hedge funds, including billionaire David Tepper’s Appaloosa Management.
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July 15 - Hedge Funds
Unbowed by the excruciating testimony provided by seven former employees in the Home Affordable Mortgage Program lawsuit currently under way in Boston, Bank of America Corp (...
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July 15 - News
An hour and a half into trading, American International Group Inc (NYSE:AIG) is up by 0.3%: so far handily beating the market, if not quite keeping pace with its financial sector...
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July 15 - News
Wells Fargo & Co (NYSE:WFC) will release its quarterly earnings report on Friday, and some investors are already concerned about the potential for a disappointment.
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July 15 - News
We've all heard the term "emerging markets" thrown out before to describe nations that are in a rapid state of growth.
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July 15 - News
In the world of stocks, rotation often takes place between market sectors. For example, investors often rotate away from consumer staples such as Dollar General Corp.
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July 15 - News
Wall Street bankers make millions of dollars a year, many (many) multiples of what the average Joe makes.
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July 12 - News
Now that things are settled, the Dow Jones Industrial Average can get back to business. Soaring this morning after Mr.
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July 12 - News
JPMorgan Chase & Co. (NYSE:JPM) is scheduled to release its quarterly earnings report tomorrow, and there's a lot riding on what the big bank says about its future.
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July 11 - News
Bank of America Corp (NYSE:BAC) is perhaps one of the most interesting stories facing investors today.
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July 11 - News
Citigroup Inc (NYSE:C) will release its quarterly report next Monday, and chief among the fears of investors in the big bank is how the recent rise in interest rates will affect...
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July 11 - News
Since the 2008 economic crisis, the Federal Reserve has taken steps to reduce the volatility in interest rates in order to boost the economy and to reduce unemployment.
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July 11 - News
The world's wealthiest people are returning to the private banks of some of the world's largest banking institutions, a welcome turnaround from the depressed numbers private bankers...
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July 10 - News
Citigroup Inc. (NYSE:C) is the third largest bank in the US and also has an extensive global presence.
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July 10 - News
The too big to fail banking behemoth will fork over $968 million to cover pre-existing loans and any potential future claims on loans originated and sold to Fannie Mae between...
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July 10 - News
Three hours into trading, Citigroup Inc. (NYSE:C) is trading down 1.1%, after opening down 0.8%.
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July 10 - News
Editor's Note: Related tickers: FedEx Corporation (NYSE:FDX), Citigroup Inc (NYSE:C), McDonald's Corporation (NYSE:MCD), The Procter & Gamble Company (NYSE:PG), Facebook Inc (...
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July 10 - Hedge Funds
Earlier this week, Federal Reserve officials unanimously voted to adopt Basel III capital rules for U.S. banks. Effective Jan. 1, 2014, U.S.
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July 9 - News
It's been a good year thus far for bank stocks, with the KBW Bank Index up by 25% since the beginning of January, but things appear to be stalling today.
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July 9 - News
Ever since the financial crisis of 2008, almost every major company in the financial industry has virtually lost all of its market value.
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July 9 - News
If you want to crack the code of a company -- to really understand what makes it tick as a business and, therefore, as an investment -- one of the things you have to get your ...
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July 8 - News
Over the last couple of weeks, interest rates across the bond market have rising fairly drastically as a result of fears concerning tighter monetary policy.
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July 8 - News
An encouraging jobs report and a nearly billion-dollar setback made for an interesting week for Citigroup Inc (NYSE:C).
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July 6 - News
Although it's been six years since the financial crisis, it is apparent the big banks are still held in low regard by the general public, especially since there always seems to...
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July 5 - News
This morning, the Mortgage Bankers Association announced that applications for home loans fell last week by 11.7% compared with the prior week.
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July 5 - News
Everyone needs a day off once in a while, and the Independence Day holiday yesterday may have given bank investors the little bit of relaxation they needed to end the week on ...
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July 5 - News
This is going to make for some serious ugliness on bank balance sheets. In the fixed-income market, the basic math is simple: When rates go up, prices go down.
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July 5 - News
After opening down 2%, about an hour and a half into the trading day, Bank of America Corp (NYSE:BAC) stock is now down only 0.8%. That's some progress.
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July 3 - News
In addition to using our database of quarterly 13F filings from hedge funds and other notable investors as a tool in researching investment strategies (we have found, for example...
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July 3 - Hedge Funds
The first half the current quarter was marked by climbing interest rates thanks to the speculation that started since May that the Fed might be ending its aggressive bond buying...
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July 3 - News
If you want to crack the code of a company -- to really understand what makes it tick as a business and as an investment -- one of the things you have to get your head around ...
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July 3 - News
The Fed just tightened regulations on America's largest banks. If you're "too big to fail," you'll have to live up to premium requirements.
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July 3 - News