A federal judge went about endorsing a widespread perception of a savings and loan era that The Justice Department wants to use in cases against Wall Street banks.
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August 20 - News
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing...
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August 20 - News
The cause of the financial crisis of 2007 -2008, also known as the Great Recession of 2008, is attributed to many different theories. However, one of the most common theories...
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August 20 - News
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing...
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August 19 - News
Editor's Note: Related tickers: Berkshire Hathaway Inc. (NYSE:BRK.A), DISH Network Corp. (NASDAQ:DISH), Suncor Energy Inc.
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August 19 - Hedge Funds
Having lunch with fabled billionaire Warren Buffett is usually a pretty expensive proposition, on the order of a million dollars or so.
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August 19 - News
Charles Clough is the manager of Clough Capital Partners, a hedge fund that recently filed its 13F filing with the Securities and Exchange Commission.
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August 19 - Hedge Funds
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing...
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August 19 - News
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing...
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August 19 - News
It's taken nearly five years, but it appears that Bank of America Corp (NYSE:BAC) is finally taking the bull by the horns.
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August 19 - News
U.S. stock markets fell this week, as traders continue to be concerned about the Federal Reserve's plans to "taper" an $85 billion bond-buying program later this year.
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August 19 - News
It's not unusual for Bank of America Corp (NYSE:BAC) to perform miserably on any given survey or ranking.
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August 19 - News
If Bank of America Corp (NYSE:BAC) were a senior in high school, it wouldn't be selected as the most popular member of its graduating class.
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August 19 - News
I have no idea what mortgage rates are going to do tomorrow, next week, or next month.
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August 19 - News
Buffett would have probably excelled regardless of when he was born, but not unlike the industrial titans of the Gilded Age, it didn't hurt that he came into the world on the ...
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August 17 - News
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis...
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August 16 - News
Merrill Lynch & Co., the 99-year-old firm known for its "thundering herd" of brokers pitching stocks to Main Street, may cease to exist as a legal entity more than four years ...
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August 16 - News
The health of the housing sector is undoubtedly one of the most important drivers of the economy.
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August 16 - News
The Dow Jones Industrial Average is on track to close out this week at its lowest point since April. As of 11:45 a.m.
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August 16 - News
Bank of America Corp (NYSE:BAC) said it is closing its Pendleton Street branch near downtown Greenville, citing a decline in transactions.
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August 14 - News
Many of the nation's biggest banks have been trimming expenses since the financial crisis, and one spot that's been heavily pruned is the bank branch location.
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August 13 - News
Another day, another government probe into the banking industry. JPMorgan Chase & Co (NYSE:JPM) admitted in a filing yesterday that it is the target of a new-ish Department of...
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August 13 - News
The Dow Jones Industrial Average (Dow Jones Indices:.DJI) is only a couple of days removed from setting fresh all-time highs.
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August 13 - News
Billionaire investor and hedge fund manager Richard Pzena is out with his 2Q stock market commentary, noting that technology and financial companies are grossly undervalued.
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August 12 - Hedge Funds
When I arrived at college and opened my first non-credit union account with a big national bank, I was hit with a rude awakening.
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August 12 - News
You've no doubt heard many times that one of the best ways to make money in the stock market is to buy stocks when they're "hated." In fact, Warren Buffett has followed this path...
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August 12 - News
I don't know which is worse: The fact that insider trading was legal for some of our nation's wealthiest politicians...
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August 12 - News
The sharp uptick in mortgage rates since the beginning of the year hasn't been music to the ears of folks who are either in the market to buy a home or haven't yet taken advantage...
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August 12 - News
This past week was a light one in terms of new economic data for investors to rely on -- and the coming week looks to be only slightly busier.
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August 10 - News
It’s been almost five years since Lehman Brothers, then the nation’s fourth biggest investment bank, filed for bankruptcy.
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August 9 - News
To most traders, hedge funds are seen as unimportant, outdated financial tools of the past.
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August 9 - News
Bank of America Corp (NYSE:BAC) is poised to become the top seller of U.S.
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August 8 - News
Last week was a doozy for investors interested in the labor and housing markets -- as most bank investors are.
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August 8 - News
Lawsuits are the top stories for most of the Big Four banks this week, with all of the named defendants seeing red.
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August 7 - News
Editor's Note: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co.
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August 7 - News
Banks are notoriously difficult to value. They are so different from non-financial companies that many investors decide to ignore the industry altogether.
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August 6 - News
Over the past month, all 10 sectors on the S&P have ridden the wave of a rising market higher.
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August 6 - News
A study of analyst recommendations at the major brokerages shows that Bank of America Corp (NYSE:BAC) is the #24 broker pick, on average, out of the 30 stocks making up the Dow...
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August 5 - News
The jobs report for July was a bit of a downer, with only 162,000 jobs created for the month, compared to the 185,000 analysts had predicted.
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August 5 - News
If you've been on the hunt for the market's Holy Grail, then I have good news for you. Not only does it exist, but you can have access to it for a few thousand bucks a month.
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August 5 - News
Investors often view the financial sector is as a black hole of sorts.
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August 5 - News
He concluded that you should only invest actively -- that is to say, via individual stocks -- if you have an "edge at stock picking." He went on to note that essentially the only...
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August 2 - News
With the first several weeks of a quarter, hedge funds and other major investors such as billionaire Ken Fisher’s Fisher Asset Management are required to publish 13F filings...
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August 2 - Hedge Funds
If stock market returns truly represented the health of the entire economy, we'd all be sitting pretty right now.
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August 2 - News
Unlike other acquisitions Bank of America Corp (NYSE:BAC) has made over the years, its wealth-oriented Merrill Lynch division has been a real keeper.
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August 2 - News
Bank of America Corp (NYSE:BAC) is down slightly on the day, a little less than one percentage point, as news is continuing to circulate throughout the financial world that the...
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August 2 - News
According to Moebs Services, a consulting firm that specializes in the banking industry, the average checking account costs the nation's biggest banks between $350 and $450 per...
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August 2 - News
Payment giant Visa Inc (NYSE:V) took a walloping yesterday, losing 10% of its share value in just a few hours following a judicial decision striking down the current cap on debit...
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August 1 - News
Language can have its share of tragedy in human psychology, and in today's highly politicized environment, that's getting worse than ever.
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August 1 - News
The six largest banks have disclosed their performance of the second quarter of the current year.
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August 1 - News