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The New York Times is buying Wirecutter for $30 million, while U.S. banks roll out Zelle, a money-transfer platform.
Rather than a few good performances, there have been strong beats across the board.
Monetary policy headwinds, legal issues and scandals have put the banking sector on edge this year.
Return on tangible equity is a key profitability measure for U.S. banks, and Citigroup is nowhere close to meeting the 10% threshold that CLSA analyst Mike Mayo says investors demand.
With earnings out this morning and the stock trading steady, we thought we'd give the banking giant a fresh look.
With AT&T's new big deal for Time Warner and recent acquisition of DirecTV, the company has been changing significantly. Investors are wondering what to do.
Shares in the Siena-based bank have added almost 80% in the past week on expectations that a Monday board meeting will approve one of two rescue plans.
A rate hike could prompt borrowers to unwind carry trades, leading to a vicious asset deflationary cycle.
Jim Cramer ponders why M&A is just the start of the story and also wonders what a Democratic sweep would do to the markets.
Camel cigarette maker Reynolds received a $47 billion offer from British American Tobacco. Reynolds is one of America's most iconic companies. Below is an ad from RJR Reynolds in 1946.
Bank of America (BAC) CEO Brian Moynihan said his company could withstand a congressional review as Wells Fargo (WFC) is currently dealing with the fallout of illegal sales practices.
In three debates, the two candidates did not discuss big banks, which suggests that Congress, Sen. Warren and Rep. Hensarling will drive any policy changes for the industry.
Bank of America, in partnership with Self-Help Ventures Fund and Freddie Mac (OTCQB: FMCC), announced the doubling of its annual commitment to its Affordable Loan Solution™ mortgage program from $500 million to $1...
Shares in Europe's biggest bank hit a one-month high Thursday after Germany's Manager Magazin reports a potential capital injection from the Qatar royal family.
Agreement Gives Bank Ability to Connect to Emerging Payments Networks Worldwide
California's attorney general requested records on customers for whom unauthorized accounts were opened from 2011 to 2015 as well the identities of employees who set them up.
The market's getting nervous about the prospect of a Democratic landslide, says Jim Cramer.
The market seems unaware of the risks of central bank impotency.
Morgan Stanley's bottom line benefited from steps toward a goal that CEO James Gorman outlined in January of cutting as much as $1 billion in expenses through 2017.
For starters, trouble for banks, drugs, energy and M&A.
Lawmakers need to pass economic stimulus measures to counter slowing productivity, one of the reasons for perpetually low interest rates, says Federal Reserve vice chair Stanley Fischer.
Netflix dominates the market while investors appear confident in banks.
Shares face a two-year trading range that could slow gains into year-end.
With Deutsche Bank and Wells Fargo making news for all the wrong reasons, are bank ETFs still a solid bet?
The Wall Street investment bank's profit of $4.88 a share was more than $1 higher than analysts estimated, reflecting the bond-trading boom that also benefited rivals like JPMorgan and Citigroup.
Restaurants and other food-service operators face headwinds, and their shares are expensive.
A malaise has once again befallen America, Cramer says.
CNBC's Bob Pisani says to pay attention to loan growth when banks report earnings results this week.