brokerage firms
brokerage firms Articles
Citigroup has initiated coverage of the discount and online brokerage universe this morning. There is a mix of coverage in the call rather than a positive or negative for the whole group.: Charles...
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If you look on the surface, it looks like E*TRADE Financial (NASDAQ: ETFC) is still trying to shrink its operations where it can. This week, E*TRADE said it plans to cut its activities in its...
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There is a fear in America today, and it is a real one. It is part of the reason you keep seeing destruction of value in the stock market every day. That growing fear is the new “N” word. ...
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We now have all three of the large online brokerage giants out with their monthly metrics for Janury. We wanted to compare E*TRADE FINANCIAL Corporation (NASDAQ: ETFC), TD AMERITRADE Holding...
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Everyone waited last week for the government to set up a "bad bank" last week where banks and major financial institutions would get to sell their toxic debt and credit instruments. So, it won’t...
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TD Ameritrade Holding Corp. (NASDAQ: AMTD) has been caught up in much of the same malaise affecting other financial and brokerage firm stocks. The company posted a drop of more than 20% to its...
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Charles Schwab Corp. (NASDAQ: SCHW) results might not be that great compared to before, but they may be the envy of Wall Street. The online discount broker not only made money on a GAAP and...
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Citigroup (C) and Morgan Stanley (MS) have agreed to combine Morgan Stanley’s Global Wealth Management Group and Citi’s Smith Barney, Quilter in the UK, and Smith Barney Australia into a new...
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It seems that the appetite for online brokerage firms to do selective M&A deals is not entirely dead. TD Ameritrade (NASDAQ: AMTD) has announced this morning that it is acquiring much smaller...
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E*TRADE Financial Corporation (NASDAQ: ETFC) has filed an automatic mixed securities shelf registration with the SEC to raise cash via the sale of securities. There were no financial terms nor any...
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As if Citigroup Inc. (NYSE: C) had any real strength to its ratings, Moody’s has downgraded Citigroup’s senior debt. Interestingly, Moody’s says that this downgrade was moderated by the...
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Citigroup Inc. (NYSE: C) is getting a more "in-line" view from analyst and fan Dick Bove of Ladenburg Thalmann. Bove is capitulating at least a bit with the admission that the quarter may look...
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For bankers used to making millions of dollars in bonuses, $400,000 might seem like a big comedown. Goldman Sachs (GS) has elected to make that the cap for cash compensation for everyone at the firm...
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Yesterday was a rather odd day in more than one way. The reaction to Goldman Sachs Group (NYSE: GS) was given a warm reception, despite the much wider losses than expected, the negative revenues...
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In another sign that the recession is deepening, the average employee at Goldman Sachs (GS) will make only $363,654 a drop of 45% from last year. In other words, that would still pay the salaries of...
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