Banking, finance, and taxes

Banking, finance, and taxes Articles

Midland States Bancorp has filed with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO).
In a recent survey of 56 banks and credit unions, Bankrate found 21 that offer interest of 2% or more on checking accounts.
Annaly Capital Management and Hatteras Financial have announced the signing of a definitive merger agreement under which Annaly will acquire Hatteras in a cash and stock deal.
Since the Federal Reserve raised interest rates by 0.25% in December, the average rate hike on credit cards has been 2.24%.
While a significant rise in interest rates has fallen off the radar, concerns related to geopolitical risks have risen in the latest Fitch Ratings/Fixed Income investor survey.
While these may not be the world's most exciting investments, they offer steady growth and income in a sector that should continue to see demand. All four make sense for total return accounts.
Jefferies notes in its most recent report that the macroeconomic backdrop remains somewhat supportive in terms of new and used car sales, gas prices and a generally improving economy.
McClatchy reported Tuesday that Nevada-based Murray Holdings turned up in the documents from Panamanian law firm Mossack Fonseca.
Oppenheimer believes that the turmoil in capital markets will pressure trading, investment banking and asset management revenues.
While REIT valuations are not compelling either way at current levels, they make sense for investors looking for some growth and income.
United Guaranty has filed with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO).
These top bank stocks provide very solid total return potential. More conservative accounts looking to add new positions would be well served buying any of these for the rest of 2016 and beyond.
General Electric has sold its own asset management unit to State Street for up to $485 million, just one more step along the path to an industrial focus.
It has taken about three months for the Dow to get back to positive. The push was in fact made by the Dogs of the Dow, but it was stalled for some time by many of the financial companies in the index.
For the year to date, shares in Goldman Sachs trade down about 15% and are the worst performers among the 30 stocks that comprise the Dow Jones Industrial Avenue.
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