Ally Financial won its first "buy" recommendation Thursday, the day of its IPO.
The housing reform legislation that appears to have the most support from the Obama Administration takes sharp criticism from an icon of the Left.
Wells Fargo will be the biggest beneficiary from an important new rule announced by the Federal Reserve after the market close Tuesday, according to a report from Keefe Bruyette and Woods.
Citigroup reached a $1.125 billion legal settlement tied to $59.4 billion in residential mortgage backed securities Monday, but analysts can't agree on whether the bank faces substantially more exposure to the issue.
A failed developer of "online chat systems" has acquired several businesses, including a marijuana tour operator, amid the flurry of share issuance and dearth of profits that often characterizes marijuana-focused transactions.
As the Maryland Congressman sees it, the Treasury Department is acting like just like any other swashbuckling investor in squeezing out the minority investors in the government sponsored enterprises.
Citigroup's Mexico unit, Banamex, has been the subject of negative news of late and the importance of the division to the bank's overall operations is not to be underestimated.
The largest U.S. banks are seeing an increasing number of downgrades from Wall Street analysts after a lengthy period of outperforming the broader market.
Regions Financial shares moved lower Wednesday following a downgrade from Miller Tabak analyst Thomas Mitchell, who also upgraded First Midwest Bancorp.
PennyMac Financial Services has received a pair of analyst upgrades lately following a recent selloff, but an investment in the non-bank mortgage lender and servicer still looks risky.