According to a recent report by the Federal Reserve, household debt in the U.S has declined to its 2006 levels.
Keep Reading →
June 26 - News
As big-bank watchers well know, Bank of America Corp (NYSE:BAC) , has been being beaten up again recently over problems tied to mortgages -- specifically, the bank's alleged behavior...
Keep Reading →
June 26 - News
Citigroup Inc (NYSE:C) rightly sees itself as a global bank. For the first quarter of 2013, fully 53.1% of its revenue came from overseas operations.
Keep Reading →
June 26 - News
U.S. banking regulation is highly fragmented, and is regulated by both the federal and state governments.
Keep Reading →
June 26 - News
The past week on Wall Street was dominated by China and Ben Bernanke, but if an economic storm is brewing in China or the Fed is about to hike interest rates, you wouldn't know...
Keep Reading →
June 26 - News
Over the weekend, we published a surprisingly popular article about recent testimony from former employees of the bank -- I strongly encourage you to check it out and, if nothing...
Keep Reading →
June 26 - News
Stocks have taken a beating over the past two weeks, but Wall Street's getting a welcome moment of respite today.
Keep Reading →
June 25 - News
On the face of it, JPMorgan Chase & Co. (NYSE:JPM) is a risky investment.
Keep Reading →
June 25 - News
Trade decisions of huge fund managers such as Berkshire Hathaway Inc. (NYSE:BRK.A) always make heads turn.
Keep Reading →
June 25 - News
Investors in Bank of America Corp (NYSE:BAC) are getting a welcome reprieve today after better-than-expected data emerged from the housing sector.
Keep Reading →
June 25 - 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...
Keep Reading →
June 25 - News
Brian Moynihan has held the top spot at Bank of America Corp (NYSE:BAC) for roughly three and a half years, and the bank's share price is down roughly 20% during his reign.
Keep Reading →
June 25 - News
The U.S. economy continues to dig itself out of the hole caused by the 2008-2009 financial crisis and ensuing recession, the worst the country saw since the Great Depression.
Keep Reading →
June 25 - News
Cutting costs is what it's going to take to bring better profits for Bank of America Corp (NYSE:BAC) shareholders.
Keep Reading →
June 25 - News
Editor's Note: Related tickers: Yahoo! Inc. (NASDAQ:YHOO), Bank of America Corp (NYSE:BAC), Goldman Sachs Group, Inc.
Keep Reading →
June 25 - Hedge Funds
If you thought one central bank's reaction to economic conditions could tank the Dow Jones Industrial Average , you should see what two can do! This morning has seen the index...
Keep Reading →
June 24 - News
It's a red-number day for the stock market so far this morning, as nerves rubbed raw by Fed Chief Ben Bernanke's comments last week continue to roil markets.
Keep Reading →
June 24 - News
A company that isn't growing -- that isn't expanding its reach and increasing its revenue and profit -- probably isn't a company that makes for a good investment.
Keep Reading →
June 24 - News
Every morning, you'll find plenty of handy explanations from mainstream financial media talking about the issue of the day and somehow linking it to the short-term movements of...
Keep Reading →
June 24 - News
The past week has been rough for Bank of America Corp (NYSE:BAC), as problems pile on and its subpar behavior graced headlines.
Keep Reading →
June 24 - News
Following the past two days of declines, the Dow Jones Industrial Average 2 Minute (INDEXDJX:.DJI) was back in positive territory for a brief time this morning.
Keep Reading →
June 24 - News
Individual investors tend to do poorly when we go it alone, underperforming the market, if not outright losing money.
Keep Reading →
June 24 - News
Today is the longest day of the year for the Northern Hemisphere -- and it's looking like it will be a long day for Bank of America Corp (NYSE:BAC) on the trading floor. The...
Keep Reading →
June 24 - News
Did Bank of America Corp (NYSE:BAC) enrich itself by defrauding potentially millions of homeowners who requested loan modifications under the 2009 Home Affordable Modification...
Keep Reading →
June 24 - News
U.S. banking regulation is highly fragmented, and is regulated by both the federal and state governments.
Keep Reading →
June 24 - News
It's been a crazy week on Wall Street, as markets swing wildly up and down, trying to get a handle on what the latest news from the Federal Reserve's most recent meeting means...
Keep Reading →
June 21 - News
The carnage continues. As of yesterday's close, shares of the nation's second largest bank by assets have fallen by almost 11% since the beginning of June.
Keep Reading →
June 21 - News
Last month, the World Bank released a report claiming a dramatic shift in capital and investment away from the developed world and into the emerging markets.
Keep Reading →
June 21 - News
SLM Corp (NASDAQ:SLM), the nation's largest non-government student loan lender, is considering splitting itself into two entities via an IPO later this year.
Keep Reading →
June 21 - News
Rising interest rates bring glad tidings for banks. As rates rise, they can start making loans with higher returns.
Keep Reading →
June 21 - News
Citigroup Inc (NYSE:C) is one of the four largest U.S. money center banks, together with Wells Fargo & Co (NYSE:WFC), JPMorgan Chase & Co.
Keep Reading →
June 20 - News
Editor's Note: Related Tickers: Citigroup Inc. (NYSE:C), JPMorgan Chase & Co.
Keep Reading →
June 20 - News
In the current issue of The Journal of Economic Perspectives, economists present data that shows traditional consumer banking and asset management were the forces behind outsized...
Keep Reading →
June 20 - News
Mr. Market did not appreciate Ben Bernanke's announcement yesterday on the plans for easing the current stimulus policy.
Keep Reading →
June 20 - News
Unless you've been living under a rock, you know why the Dow Jones Industrial Average is down this morning.
Keep Reading →
June 20 - News
The brouhaha over mortgage servicing mishaps and snafus doesn't seem to be having much effect on Bank of America Corp (NYSE:BAC)'s share price, particularly with all of the drama...
Keep Reading →
June 20 - News
It could be a long day for investors after stocks opened sharply lower this morning on fears that the Federal Reserve will soon begin to draw down its support for the economy.
Keep Reading →
June 20 - News
Since the recession, I have based my large-cap stock purchases on whether or not the companies have reached their pre-recession prices.
Keep Reading →
June 20 - News
The claim that actions speak louder than words doesn't apply if you're the chairman of the Federal Reserve.
Keep Reading →
June 19 - News
Citigroup Inc (NYSE:C) is one of the largest financial institutions in the world, with operations in over 100 countries all around the world.
Keep Reading →
June 19 - News
Bank of America Corp (NYSE:BAC) has underperformed the market over the past three years, but the stock has soared 68% higher over the past year.
Keep Reading →
June 19 - News
Blue-chip stocks were slightly lower today in anticipation of the Federal Reserve's 2 p.m.
Keep Reading →
June 19 - News
Fellow Fools, when I run across a company I might be interested in as an investment -- one that I know next to nothing about -- I typically start my investigation by just jumping...
Keep Reading →
June 19 - News
Bank of America Corp (NYSE:BAC) certainly doesn't need any more bad press about its mortgage practices, but the much-anticipated report from National Mortgage Settlement monitor...
Keep Reading →
June 19 - News
Except for Wells Fargo & Co (NYSE:WFC), all of the Big Four banks are trading in the red today, with Citigroup Inc. (NYSE:C) down 0.50% about two hours after the opening bell.
Keep Reading →
June 19 - News
Today is the day Mr. Market has been waiting for.
Keep Reading →
June 19 - News
After opening up 0.41%, Bank of America Corp (NYSE:BAC) is already trading down 0.38% an hour and a half after the opening bell.
Keep Reading →
June 19 - News
It was a long engagement, but the union between growth-oriented M&T Bank Corporation (NYSE:MTB) and Hudson City Bancorp, Inc. (NASDAQ:HCBK) looks like it is definitely back ...
Keep Reading →
June 19 - News
That's according to a recent Gallup poll that showed 26% of poll respondents with a "great deal / quite a lot" of confidence in banks, while only 10% said the same about Congress...
Keep Reading →
June 19 - News
Gifford Charles K who is Director at Bank of America Corp (NYSE:BAC), sold 580,734 shares at $13.07 per share for a total value of $7,590,193.
Keep Reading →
June 18 - News