Sep 01, 2015 - On Monday, M&T Bank Corporation (MTB) agreed to settle the lawsuit under which the bank was sued for encouraging discriminatory mortgage lending practices in New York City.
Aug 31, 2015 - After replacement of the bank's chief financial officer and wealth management chief in management shake-up, shareholders of Bank of America (BAC) are now defiant to have an independent chairman at the bank.
Aug 31, 2015 - The Zacks Analyst Blog Highlights: Citigroup, JPMorgan Chase, Bank of America and Bank of New York Mellon
Aug 28, 2015 - The recent market turmoil across the globe and increased regulatory scrutiny led to a mixed performance of major bank stocks in the last five trading days. However, banks did not suffer much due to their limited exposure to China.
Aug 28, 2015 - Bank of America (BAC) put a class action lawsuit filed against its subsidiary Landsafe Appraisal Services, Inc. by 365 current and former employees working as residential real estate appraisers to rest, by agreeing to shell out $36 million in settlement.
Aug 27, 2015 - The Federal Reserve is intensifying its scrutiny over how large banks monitor its huge amount of payments channeled through its systems day to day, particularly given the current scenario of increasing volatility in the stock market
Aug 27, 2015 - Bank of America (BAC) was a big mover last session, as the company saw its shares gain over 5%
Aug 26, 2015 - All sectors in the S&P 500 index ended lower yesterday with the finance sector falling in the mid-range. With China's banking system largely closed to outsiders, exposure of major U.S. banks to their economy is limited.
Aug 26, 2015 - We issued an updated research report on The Bank of New York Mellon Corporation (BK) on Aug 25, 2015. The NY-based lender startled the market with its robust performance in the second quarter.
Aug 26, 2015 - On Aug 25, 2015, we issued an updated research report on Texas Capital BancShares Inc. (TCBI). We believe organic growth backed by consistent top-line growth and increasing loans and deposits balances remain the growth drivers for the company.