Banking, finance, and taxes
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For the second quarter Citigroup, credit costs increased to $12.4 billion, including an addition of $3.9 billion to loan loss…
Ken Lewis will be CEO of Bank of America (BAC) forever. Even after being forced into a horrible deal to…
CIT Group, Inc. (NYSE: CIT) is trading no different than a warrant or way out of the money call option…
This morning’s earnings call from J.P. Morgan Chase & Co. (NYSE: JPM) echoes some of our concern of what is…
JP Morgan (JPM) reported second-quarter 2009 net income of $2.7 billion, an increase of 36% compared with net income of…
The Wall Street Journal has two troubling reports. The first is that Bank of America (BAC) operating under an agreement…
In a perfect example of how dangerous rumors can be for traders, CIT (CIT) has announced that its conversions with…
Investor Mark Mobius gets placed in the pantheon of money men including Soros and Buffett. He may not be as…
Capital One Financial Corp. (NYSE: COF) has some more dismal data regarding the monthly credit card defaults and delinquencies. The…
AIG’s (AIG) management has repeatedly promised that it will get taxpayers back every dime of the $180 billion that the…
The Wall Street Journal has been carefully following the story of CIT’s (CIT) liquidity crisis. News that the firm is…
Goldman Sachs Group (NYSE: GS) has just come out with a quarter that will please everyone. Unfortunately, this was telegraphed…
After a sharp sell-off during the day due to concerns about a Chapter 11 filing, CIT (CIT) rallied by over…
CIT Group, Inc. (NYSE: CIT) has been hit steadily after news that it was not going to have the government…
This is the real week for earnings season where the floodgates open. That is particularly the case for some of…
Our top personal finance-related articles today. Your wallet will thank you later.