That's what Lanny Breuer did when he left his job at law firm Covington & Burling -- a law firm that worked for some of the nation's biggest banks -- to serve as the Assistant...
Keep Reading →
April 12 - News
Unless something completely unforeseen happens -- which, of course, is always possible -- the focus of bank investors will be all earnings all the time over the next few weeks...
Keep Reading →
April 11 - News
The best April Fool's jokes feel real. That's why we put so much time and effort into ours.
Keep Reading →
April 11 - News
Earnings season has begun, and next Monday, Citigroup Inc (NYSE:C) will release its latest quarterly results.
Keep Reading →
April 11 - News
Last week at this time, I was writing about how Citigroup Inc. (NYSE:C) and the rest of the big-four banks were tanking for no apparent reason.
Keep Reading →
April 10 - News
Closing in on the end of the trading day, Bank of America Corp (NYSE:BAC) share prices are up 0.33%.
Keep Reading →
April 10 - News
The iPhone maker has previously used 8 Inc for the design of its stores, including the iconic glass cube on New York's 5th Avenue and Apple Inc.
Keep Reading →
April 10 - News
Earnings season has begun, and on Friday JPMorgan Chase & Co. (NYSE:JPM) will release its latest quarterly results.
Keep Reading →
April 10 - News
Investors are now exactly two weeks away from Apple Inc. (NASDAQ:AAPL)'s fiscal second quarter earnings release.
Keep Reading →
April 10 - News
Over the weekend, news got out that JPMorgan Chase & Co.
Keep Reading →
April 9 - News
Last year was an excellent one for the U.S.
Keep Reading →
April 9 - News
It wasn't all that long ago that I was positively bearish on Citigroup Inc (NYSE:C), lumping it in with Bank of America Corp (NYSE:BAC) as a financial leviathan still deeply damaged...
Keep Reading →
April 9 - News
Warren Buffett was on CNBC a few weeks ago, and took an emailed question from a viewer.
Keep Reading →
April 8 - News
I've been watching Bank of America Corp (NYSE:BAC)'s stock all morning, and I couldn't help but notice that, despite lots of trading activity, the bank hasn't really budged much...
Keep Reading →
April 8 - News
In a previous article, I talked about the top position of one of Benjamin Graham's oldest students, Irving Kahn.
Keep Reading →
April 8 - News
First-quarter earnings season unofficially kicks off today with Alcoa Inc (NYSE:AA) reporting after the close. The outlook this quarter has been particularly weak.
Keep Reading →
April 8 - News
One of the high-quality hedge funds on our radar screens is Robert Pohly’s Samlyn Capital.
Keep Reading →
April 8 - Hedge Funds
Bank robberies conjure up images of famous criminals like Jesse James or Bonnie and Clyde.
Keep Reading →
April 8 - News
The Dow Jones Industrial Average closed over 9,000 points for the first time in its history on April 6, 1998.
Keep Reading →
April 8 - News
For years, the Federal Reserve's policy of keeping interest rates near 0% has crushed retirees trying to draw income from their life savings.
Keep Reading →
April 7 - News
The big banks took a pounding this week, and Bank of America Corp (NYSE:BAC) was no exception: down 2.30% on the week.
Keep Reading →
April 6 - News
The "criticism is deserved," Ackman said on Friday of Ron Johnson, the former Apple executive who has been tasked with overhauling the staid retail chain and who has come under...
Keep Reading →
April 6 - Hedge Funds
As I write this, about midway through the final day of the trading week, Citigroup Inc (NYSE:C) is down a whopping 4.34% for the week.
Keep Reading →
April 5 - News
The landscape of the banking industry has changed dramatically over the last 30 years.
Keep Reading →
April 5 - News
For 2012, Fannie Mae reported a $17 billion profit. The juxtaposition of "profit" and "Fannie Mae" probably seems a bit odd.
Keep Reading →
April 4 - News
Several sources have recently reported that since the 2008 economic crisis erupted, banks have been slammed with lawsuits filed by private investors and federal and state authorities...
Keep Reading →
April 3 - News
Even though unemployment is still brutal and mortgage delinquencies are high, credit card delinquencies are at the lowest rate in at least two decades, according to data from ...
Keep Reading →
April 3 - News
While catching up on what the billionaire hedge fund managers have been up to, I came across billionaire Louis Bacon's $15 billion hedge fund, Moore Capital.
Keep Reading →
April 3 - Hedge Funds
Peak oil theory has gained widespread recognition at various points over the past several decades, usually during times when fears about oil supply shortages have been at their...
Keep Reading →
April 3 - News
Here's something you don't see everyday: Apple Inc.
Keep Reading →
April 3 - News
Shares of the nation's second largest bank by assets, Bank of America Corp (NYSE:BAC), are trading higher today after the lending giant came to an agreement with the federal regulator...
Keep Reading →
April 2 - News
Toronto-Dominion Bank (USA) (NYSE:TD) shareholders have witnessed a decrease in enthusiasm from smart money in recent months, and we're going to take a look at how some of its...
Keep Reading →
April 2 - News
With more than $1.4 trillion in assets, I wouldn't exactly call Wells Fargo & Co (NYSE:WFC) an under-the-radar bank, but it typically doesn't make the headlines the way its big...
Keep Reading →
April 2 - News
Besides investigating how shareholder activism at Citigroup Inc (NYSE:C) led to the final approval of its new executive compensation plan, this article aims to examine other...
Keep Reading →
April 2 - News
If you'd ask most shareholders, hedge funds are viewed as unimportant, outdated investment vehicles of yesteryear.
Keep Reading →
April 1 - News
Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) was in 12 hedge funds' portfolio at the end of the fourth quarter of 2012.
Keep Reading →
April 1 - News
Before anyone gets too bent out of shape, let me state first off, this isn't a Bank of America Corp (NYSE:BAC) attack piece, per se (though regular readers will know I'm bearish...
Keep Reading →
April 1 - News
To say that financial institutions in the United States have had a wild ride over the past few years would be an understatement.
Keep Reading →
April 1 - News
Investors seem to be fooling around with Bank of America Corp (NYSE:BAC) this April morning, as the bank experiences some downward movement in share price amid lots of trading...
Keep Reading →
April 1 - News
In this full interview with Doug Levy, he discusses his new book, Can't Buy Me Like.
Keep Reading →
April 1 - News
Yesterday officially marked the end of the first quarter. Generally speaking, it was a good quarter for the banking industry.
Keep Reading →
April 1 - News
The economic turmoil in Europe hasn't been friendly to American bank stocks this week.
Keep Reading →
March 30 - News
When I began investing, bank stocks piqued my curiosity, but they definitely seemed too exotic and too arcane.
Keep Reading →
March 29 - News
Well fellow Fools, it's entirely possible that somewhere in the world, swine are aloft, because not only am I recommending Citigroup Inc (NYSE:C), but just last week I purchased...
Keep Reading →
March 28 - News
A big bank's balance sheet can be a dark and scary place. Some of the world's smartest investors have sworn off allocating any of their dollars to the financial behemoths.
Keep Reading →
March 27 - News
Bank of America Corp. (NYSE:BAC) is an investor darling, at the very least around The Motley Fool.
Keep Reading →
March 26 - News
Even though the situation in Cyprus and its repercussions throughout Europe are still playing out, investors turned their attention to positive economic data here at home today...
Keep Reading →
March 26 - News
The deal to rescue the banking system of the tiny island of Cyprus has the world drawing a guarded deep breath. Certainly, the bailout is good news.
Keep Reading →
March 26 - News
Some four years after the incredible financial collapse in the U.S., much talk has been made about how to prevent such catastrophic events from happening again.
Keep Reading →
March 26 - News