How Much Was Citigroup Fined For Misleading Customers with its Mortgage Securities?
The department of justice has struck again, this time imposing a $7 billion fine on Citigroup Inc.
Posts Tagged ‘Wells Fargo & Co. (WFC)’
Wells Fargo Latest Earnings Report
Wells Fargo & Co (NYSE:WFC) which is one of the biggest banks in the World reported net income of $5.7 billion, up 4% from second quarter of last year, while diluted earnings...
Synovus Financial Corp. (SNV) and Wells Fargo & Co (WFC) Amongst Basswood Capital’s Top Picks For Q2
A few days ago, Matthew Lindenbaum’s Basswood Capital, filed a Schedule 13F with the SEC, disclosing his long equity positions as of June 30, 2014.
Bank of America Corp (BAC), Wells Fargo & Co (WFC) & JPMorgan Chase & Co. (JPM): Cole Smead Sees Stress Tests Attractive
The Federal Reserve wants to make sure that the banks like Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC) and JPMorgan Chase & Co.
Hedge Fund News: Wilbur Ross, Bill Ackman & George Soros
The US billionaire’s firm and Irish investment house Cardinal have signed a joint venture which aims to raise €400m for property investments.
Warren Buffett Bets Big on Verizon Communications Inc. (VZ), Liberty Global (LBTYK) & Wal-Mart Stores, Inc. (WMT)
May 15 marked the end of the first round of 13F filings of 2014.
ValueAct Capital Buys More Than $116 Million in Microsoft (MSFT) Shares
On Monday May 12, ValueAct Capital, managed by Jeffrey Ubben, declared the purchase of more than 2.95 million shares of Microsoft Corporation (NASDAQ:MSFT), which already is the...
Top Five Stock Picks from Natixis Global Asset Management’s Harris Associates’ 13F
Harris Associates is a Chicago-based fund, which is wholly owned by Natixis Global Asset Management, a French financial services company, whose principal owner is BPCE, one of...
Top 20 Biggest Banks in the World
Love them or hate them, banks are an important and prominent feature in today’s society.
Buffett’s Berkshire Converts Notes Worth $56 Mln into Shares of USG Corporation (USG)
Warren Buffett's Berkshire Hathaway redeemed an aggregate of $56.17 million worth of Convertible Senior Notes of USG Corporation (NYSE:USG), shortly after the latter announced...
Hedge Fund News: Wilbur Ross, Bill Ackman & George Soros
Billionaire Wilbur Ross invited Paul Ryan over for lunch. Goldman Sachs Group, Inc.
Warren Buffett and Lou Simpson Are Bullish On These Stocks
Lou Simpson, a former understudy of Warren Buffett, is the manager of SQ Advisors. Simpson has enjoyed great success running GEICO, returning an average of 24% annually.
John Horseman’s Top Picks From the Latest 13F
In its latest 13F, John Horseman's Horseman Capital Management has disclosed its holdings as held at the end of the fourth quarter of 2013.
David Abrams’ Hedge Fund Is Betting On These Stocks: The Western Union Company (WU), SLM Corp (SLM) & Others
In the current round of 13F filings, hedge funds and other institutional investors are disclosing their equity portfolios as held at the end of the last year.
Berkshire Hathaway In Discussions with Graham Holdings Co (GHC) Regarding a Split-off Transaction
Warren Buffett and Berkshire and Graham Holdings Co (NYSE:GHC) are discussing to acquire an unformed subsidiary of Graham, according to a filing with the Securities and Exchange...
Hedge Fund News: Leon Cooperman, Dan Loeb & George Soros
The stock market’s decline this year is healthy and the Standard & Poor’s 500 Index probably will end 2014 higher, Leon Cooperman, chairman of hedge fund Omega Advisors Inc...
Google Inc (GOOG) and Wells Fargo & Co (WFC) Among Horseman Capital Management’s Top Picks
Since we are past the fourth quarter, we are entering the period when investors publish their 13F filings with the Securities and Exchange Commission.
5 Warren Buffett Stocks Dumb Money Should Avoid
There are three types of investors: smart, dumb, and dumber. Eugene Fama is best known for his Efficient Market Hypothesis.
Why Warren Buffett Won’t Buy Twitter
It’s widely assumed that Warren Buffett doesn’t invest in technology stocks, but in recent years, this belief has contrasted with reality.
Off the Wall Street: Financial Planning for My Fellow Millennials
Did you know we're in the midst of Financial Planning Week? It didn't register high on my radar either.
Warren Buffett, Smart Money Love This Duo
By now you probably know the story. Hedge fund activity is worth paying attention to if you know where to look.
Warren Buffett Strategy: How to Get ‘Buffett Yield’
Warren Buffett strategy: If his recent impersonation of Breaking Bad’s Heisenberg has shown us anything, it is now clearer than ever that Warren Buffett is one tough dude.
The Only Buffett Pick Signaling ‘Buy’ Right Now
Warren Buffett is synonymous with value investing and investment success. Buffett has consistently delivered profits to his investors in Berkshire Hathaway Inc.
The Only Warren Buffett Pick Signaling ‘Buy’ Right Now
Warren Buffett is synonymous with value investing and investment success. Buffett has consistently delivered profits to his investors in Berkshire Hathaway Inc.
Genworth Financial Inc (GNW), Bunge Ltd (BG): Do You Own These Potential Buffett Targets?
In a slow-growth economy, dealmaking can lead to sales synergies and better operating leverage.
Freeport-McMoRan Copper & Gold Inc. (FCX), JPMorgan Chase & Co. (JPM), Intel Corporation (INTC): 12 Solid Dividend Stocks Set To Pay Even More
This is truly a golden era for dividend-hungry investors.
Wall Street Loves Ford Motor Company (F), General Motors Company (GM) Comeback
Recent news regarding the resurgence in automobile sales often cites how automakers such as Ford Motor Company (NYSE:F), Toyota Motor Corporation (ADR) (NYSE:TM), and General...
Banking News Updates: Bank of America Corp (BAC) Mortgage Settlement, JPMorgan Chase & Co (JPM)’s Controls, Wells Fargo & Co (WFC) on Mortgage Servicing Rights
Editor's Note: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Co (NYSE:WFC), American International Group Inc (NYSE:AIG), Goldman Sachs Group...
Banking Stocks Updates: Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM)’s Media Banking & Wells Fargo & Co (WFC)’s Mortgage Servicing
Editor's Note: Related tickers: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co.
Berkshire Hathaway Inc. (BRK.B), DIRECTV (DTV), DaVita HealthCare Partners Inc (DVA): Invest Like A Billionaire With These 4 Simple Tips
That's the easy conclusion to draw when looking at the actions of the nation's top hedge fund managers.
JPMorgan Chase & Co (JPM), Bank of America Corp (BAC), Wells Fargo & Co (WFC), Citigroup Inc (C): Four Biggest U.S. Banks Have Grown By $1.4 Trillion Since Crisis
It has been five years since the banking industry experienced a gigantic crisis stemming from the housing market, derivatives, and an overall lack of risk control.
Banking Updates: Bank of America Corp (BAC)’s Lawsuit, JPMorgan Chase & Co. (JPM)’s Stiff Competition & Wells Fargo & Co (WFC)’s Headline Risks
A lawsuit accusing Bank of America Corp (NYSE:BAC) of reneging on promises to help distressed homeowners modify their mortgage loans, and instead driving them into foreclosure...
mREIT Updates: Annaly Capital Management, Inc. (NLY) & American Capital Agency Corp. (AGNC)’s Activities, ARMOUR Residential REIT, Inc. (ARR)’s Surge
Editor's Note: Annaly Capital Management, Inc. (NYSE:NLY), American Capital Agency Corp. (NASDAQ:AGNC), CYS Investments Inc (NYSE:CYS), ARMOUR Residential REIT, Inc.
Updates on Banking: Bank of America Corp (BAC)’s Investment, JPMorgan Chase & Co. (JPM)’s Probe & Wells Fargo & Co (WFC)’s Wealth
Editor's Note: Related tickers: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Co (NYSE:WFC), Rockwell Collins, Inc.
Banking Updates: Bank of America Corp (BAC)’s Federal Enticement, JPMorgan Chase & Co (JPM)’s Investigation & Wells Fargo & Co (WFC)
A probe of JPMorgan Chase & Co (NYSE:JPM) hiring practices in China has uncovered red flags across Asia, including an internal spreadsheet that linked appointments to specific...
Updates On Banking: Bank of America Corp (BAC)’s Lawsuit, Wells Fargo & Co (WFC) & Citigroup Inc (C)’s Collective Principal
It’s been nearly a year since the U.S.
Advanced Micro Devices, Inc. (AMD) News: Unusual Options, Finalized Plans & Wells Fargo & Co (WFC)’s Reiterated Rating
Advanced Micro Devices, Inc. (NYSE:AMD) announced that it signed an agreement to offer Singapore facility on lease to HSBC Institutional Trust Services.
Wall St. Headlines: Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM)’s Commitments & Wells Fargo & Co (WFC)’s Wholesale Services
Bank of America Corp (NYSE:BAC) is shutting drive-up teller windows at nine of its Baltimore-area branches.
Hedge Fund News: Carl Icahn, Sears Holdings Corporation (SHLD), Wells Fargo & Co (WFC)
Editor's Note: Related tickers: Sears Holdings Corporation (NASDAQ:SHLD), Wells Fargo & Co (NYSE:WFC), Citigroup Inc (NYSE:C), Apple Inc.
What’s New on Banking: Bank of America Corp (BAC)’s Drive-Thru Tellers, JPMorgan Chase & Co (JPM) New Agreement, Wells Fargo & Co (WFC)’s Layoff
Some Bank of America Corp (NYSE:BAC) branches with drive-through tellers from Georgia to Texas have already closed the lanes, according to spokeswoman Tara Burke.
Warren Buffett News: Bank Investments, Berkshire Hathaway Inc. (BRK.A) & H.J. Heinz Company (HNZ)’s Goals
Editor's Note: Related tickers: Berkshire Hathaway Inc. (NYSE:BRK.A), H.J.
Latest on Banking: Bank of America Corp (BAC) & USHCC, JPMorgan Chase & Co (JPM) vs. Government, Wells Fargo & Co (WFC)’s Athletics Partnership
The United States Hispanic Chamber of Commerce (USHCC) today announced Bank of America as the corporate chair of its upcoming 34th National Convention, set to take place September...
Bank of America Corp (BAC), Citigroup Inc. (C): Is The Financial Crisis Over For Financial Stocks?
The cause of the financial crisis of 2007 -2008, also known as the Great Recession of 2008, is attributed to many different theories. However, one of the most common theories...
Banking News: Bank of America Corp (BAC) CEO Brian Moynihan, JPMorgan Chase & Co (JPM) Hiring Practices, & Wells Fargo & Co (WFC)’s New Options
Having lunch with fabled billionaire Warren Buffett is usually a pretty expensive proposition, on the order of a million dollars or so.
Warren Buffett News Updates: Zhao Danyang’s Gains, Adds Wells Fargo & Co (WFC), 1975 Memo for The Washington Post Company (WPO) & More
Editor's Note: Berkshire Hathaway Inc. (NYSE:BRK.B), Suncor Energy Inc. (USA) (NYSE:SU), The Washington Post Company (NYSE:WPO), Gannett Co., Inc.
Banking News: Bank of America Corp (BAC)’s Thundering Herd, JPMorgan Chase & Co. (JPM) & Wells Fargo & Co (WFC)’s Accord
Merrill Lynch & Co., the 99-year-old firm known for its "thundering herd" of brokers pitching stocks to Main Street, may cease to exist as a legal entity more than four years ...
Chipset News: Qualcomm, Inc. (QCOM)’s Next-Generation Gateways, Intel Corporation (INTC)’s Acquisition & Broadcom Corporation (BRCM)
Editor's Note: Related tickers: QUALCOMM, Inc.
Banking News Updates: Bank of America Corp (BAC) Closes Branch, JPMorgan Chase & Co. (JPM) Case, Wells Fargo & Co (WFC) Includes Robert Smyth
Bank of America Corp (NYSE:BAC) said it is closing its Pendleton Street branch near downtown Greenville, citing a decline in transactions.
