Banking, finance, and taxes
Banking, finance, and taxes Articles
ThinkstockIf you knew one thing was coming it would be that American Express Co. (NYSE: AXP) would issue a statement after reports surfaced that the European Commission was drafting new proposals of...
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ThinkstockU.K.-based Barclays PLC (NYSE: BCS) is refusing to pay fines totaling $470 million levied against the bank by the U.S. Federal Energy Regulatory Commission (FERC) related to electricity...
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Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp. (NYSE: BAC) reported second-quarter 2013 results before markets opened this morning. The investment bank and...
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ThinkstockEsther George of the Kansas City Federal Reserve told Fox Business News that it is time to start the end of the Federal Reserve’s bond buying program. While unemployment is high, she...
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Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) reported second-quarter 2013 results before markets opened this morning. The investment bank and financial services giant reported quarterly...
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One of the big downsides of incredibly low short-term and long-term interest rates was that fiduciaries such as life insurers and pension managers were starting to have a very hard time making enough...
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ThinkstockCitigroup Inc. (NYSE: C) reported fiscal second quarter results before markets opened this morning. The bank reported adjusted diluted quarterly earnings per share (EPS) of $1.254 on...
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ThinkstockWells Fargo & Company (NYSE: WFC) has released its second-quarter earnings report and the market likes what it sees so far. Earnings rose almost 20% with a record net income of $5.5...
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Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) is now out with its second quarter company earnings report. The DJIA component is the first of the major banks to post earnings, with results...
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ThinkstockAfter a painful three years of negotiations and recriminations, the U.S. Commodities Futures Trading Commission (CFTC) and the European Commission (EC) have agreed on a set of policies...
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ThinkstockDespite awful economic news about its own gross domestic product (GDP) prospects, China’s Shanghai Composite rose 3.2% to 2,073. It is worth remembering that it is down 10% over the past...
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ThinkstockSeeing a U.S., Canadian or European bank file to raise cash in a debt offering is generally nothing unusual. But when a bank files for a debt offering this large, it stands out a bit like a...
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The FOMC is out with its highly anticipated minutes of its last meeting. While there is some clarification and some expansion of their comments along with Ben Bernanke anticipation, we would remind...
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Jon OggThe U.S. Treasury has just conducted a $21 billion 10-year Treasury note auction, which may spook some investors. Interest rates have already risen on the long-end of the yield curve in...
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ThinkstockIn an action that is likely to cause deep concern among America’s largest banks: The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the...
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