Sep 14, 2015 - The Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of New York Mellon, American International Group and Wells Fargo
Sep 11, 2015 - Wells Fargo & Company (WFC) outlined plans for a perpetual preferred stock offering, in a filing with the SEC on Wednesday. Per the filing, the company will issue a total of 36 million depositary shares with a liquidation preference of $25 per share.
Sep 11, 2015 - Major banking stocks moved higher in the last four trading days reflecting optimism in the market. Though regulatory probes are ongoing, steps taken to conclude litigation issues by banks related to their past business conduct has helped regain investors' confidence and reduce legal burden of banks as well.
Sep 11, 2015 - General Electric (GE) agreed to sell its Transportation Finance business to BMO Financial Group, and is also exploring the sale of its asset management arm.
Sep 09, 2015 - Here is a guide for investors who are worried about an interest rates hike yet seek to play it.
Sep 08, 2015 - Benchmarks ended the last trading day of the week in the red after the highly anticipated jobs report failed to provide clarity on the timing of rate hike
Sep 08, 2015 - The Zacks Analyst Blog Highlights: Bank of America, Citigroup, Fifth Third Bancorp, M&T Bank and Wells Fargo
Sep 04, 2015 - Over the last five trading days, all major benchmark indexes depicted unprecedented volatility and banking stocks did not remain unscathed.
Sep 04, 2015 - We issued an updated research report on SEI Investments Co. (SEIC) on Sep 3, 2015. A rise in revenues continues to be offset by increasing expenses, reflecting the company's weak cost management.
Sep 04, 2015 - Putting an end to the long-drawn legal battle with JPMorgan Chase & Co. (JPM), the city of Los Angeles dropped its charges against the banking behemoth on Thursday.