Banking

Bank of America: An Expected Hit is no Cause for Concern

U.S. stocks opened higher on Wednesday, with the benchmark S&P 500 and the narrower Dow Jones Industrial Average up 0.36%...

Bank of America Corp Reports Quarterly Loss Thanks to $6 Billion Legal Expense

Bank of America announced this morning that it recorded a loss of $276 million, or $0.05 per share, in the first...

Is Deutsche Bank's Huge Forex Business in Trouble?


Source: Flickr / Philip C.

Despite foreign exchange markets in developed currencies enjoying a period of relative calm, ...

Stock Market Today: Bank of America's $6 Billion Pain and PNC Financial's $1 Billion Success

The Dow Jones Industrial Average has gained 65 points in pre-market trading, suggesting a strong start to the stock market...

Citigroup's Biggest Success Since 2009

On Monday, Citigroup surprised analysts and investors with first-quarter earnings that handily outpaced the consensus estimate....

How Tax Reform Will Affect These 2 Stocks

At a time when the Chilean economy is cooling and investment is already falling, the local government presented a package to reform the...

A Time-Tested Way to Profit in a "Rigged" Market

Is the market rigged? While it's an interesting question, it might not ultimately matter. Even in a rigged market, history has shown that...

Facebook's Coming Mobile Payments Gambit

Even as its shares have fallen off a cliff of late, social networking kingpin Facebook's  2014 performance is still easily outpacing that of...

Why Morgan Stanley Shares Will Rise to $35

While Fools should generally take the opinion of Wall Street with a grain of salt, it's not a bad idea to take a closer look at...

I'm Buying More of This Banking Special Situation

The thing about being a successful contrarian is that you always look wrong. The market tells you you're wrong -- until one day you're right....

Will Bank of America Pull a Citigroup or a JPMorgan Chase Tomorrow?

Batter up! Tomorrow, Bank of America will be the last of the big four incumbent banks to report Q1 earnings. Investors will naturally be...

What Do the Kashagan Delays Mean for the Oil Industry?

With 13 billion barrels of economically recoverable oil and an estimated peak production of 1.5 million barrels of oil a day, the $50 billion...

Janet Yellen Talks Up Even More Bank Capital Requirements

Federal ReserveJanet Yellen is still getting her feet wet as chairman of the Federal Reserve. A speech on Tuesday morning may only act to create more confusion from...

Google and Citigroup Rise After Great Retail Sales Report

Happy Tax Day. Now that you've sent the IRS your dues, treat yourself to a couple of Twinkies and check out what sent the Dow Jones...

2 Stocks to Buy During a Market Correction: Bank of America and Citigroup

When it comes to big bank stocks, it's hard to make the case that Citigroup and Bank of America aren't cheap. On a...

Why the Dow Jones Is Up Triple Digits Today

Visa is leading the Dow Jones Industrial Average up following a better-than-expected retail sales report for March as well as...

Citigroup, Visa, and Retail Sales Rocket The Dow Higher

The Dow Jones Industrial Average continued its roller-coaster ride in Monday trading, moving up over 154 points as of 1 p.m....

Wells Fargo & Co. Once More Delivers Record Earnings as Earnings Per Share Rise 14%

Today Wells Fargo reported its net income stood at $5.9 billion in the first quarter of 2014 and its earnings per share rose to $1.05, each...