Banking, finance, and taxes
Banking, finance, and taxes Articles
ThinkstockJanet Yellen is still getting her feet wet as chairman of the Federal Reserve. A speech on Tuesday morning may only act to create more confusion from the banks. At least that will be the...
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Citigroup reported better-than-expected first-quarter results before markets opened Monday morning. The bank reportedly started trimming more jobs last week and will close some Korean consumer banks.
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Wells Fargo reported better-than-expected first-quarter earnings before markets opened Friday morning. The said it will raise its dividend and repurchase 350 million of its shares.
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JPMorgan Chase reported disappointing fiscal first-quarter results before markets opened Friday morning. It also raised its dividend and said it will repurchase $6.5 billion in common stock.
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ThinkstockThe U.S. Treasury has just sold its 3.625% 30-year Treasury bonds, or the so-called long bond, at a yield of 3.525%. The recent unsettling of the stock market recovery might have aided this...
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thinkstockThe capital markets have opened back up to Greece. The struggling, or very struggling, island nation in the eurozone (and one of the PIIGS), has tapped the capital markets for a 3 billion...
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Friday morning is likely to set the tone of earnings season as far as the big banks are concerned. The two largest banks are reporting earnings: J.P. Morgan Chase and Wells Fargo.
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Ally Financial priced its initial public offering at $25 a share after markets closed Wednesday. The IPO price was at the low end of the expected range. The company sold 95 million shares Thursday...
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Wikimedia CommonsBeing a bank CEO and Chairman is still no easy task in the current climate. In the world of the public reviewing CEO pay, it turns out that Jamie Dimon of J.P. Morgan Chase & Co....
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ThinkstockU.S. Attorney General Eric Holder made the news recently in testimony that his office was now investigating high-frequency trading to see if it constituted insider trading. Now Holder is...
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The Department of Justice is getting in on an insider trading investigation regarding high-frequency trading. This method of trading has come under much more intense scrutiny after Michael Lewis...
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ThinkstockNot all banks are created equally, and not all Wall Street analysts are treating each bank the same. Oppenheimer is treating most of the major money-center banks as though they are all...
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J.P. Morgan announced Thursday that it has received clearance from U.S. regulators to process a transfer of funds from the Russian embassy in Kazakhstan to an insurance company partly owned by...
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ThinkstockDennis Lockhart, president and chief executive officer of the Federal Reserve Bank of Atlanta, gave a speech on Wednesday to the Greater Miami Chamber of Commerce (obviously in Miami,...
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TheWhyForum.comBitcoin remains a mystery to much of the public, even while it has fought for its life as a currency and method of payment. Now a new angle has surfaced, with Fitch Ratings issuing a...
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