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Citigroup boosted CEO Michael Corbat's pay to $23 million, even as the bank failed to meet the CEO's own profitability goal for a third straight year, and as it reported a full-year net loss of $6.2 billion due to the write-off of tax credits that management had touted as a competitive advantage.
The Goldman Sachs board of directors gave CEO Lloyd Blankfein a 9% pay raise in 2017 to $24 million, even as the firm turned in its worst performance in years.
If you aren't bullish on stocks, why not? This one chart suggests that you should be interested in buying the biggest stocks in the world.
JPMorgan Chase & Co. (NYSE:JPM) ("JPMorgan Chase" or the "Firm") declared a dividend on the outstanding shares of the Firm's Series X preferred stock.
As quick as last week's selloff occurred, this rebound higher has been just as fast, and we would not be surprised to see the market retest at some point.
Jim discusses his Real Money article from this morning, Waste Management's earnings, and more!
Bitcoin continued to edge higher toward $10,000 on Wednesday. Here's what you need to know.
Check out this nifty data from S&P Global if you are terrified of rising interest rates from the Federal Reserve.
The bank is expected to 'raise the bar again' at its Feb. 27 investor day, Barclays analysts write.
Stocks finished higher on Wednesday.
We are calling up GS from the bullpen this morning on indications that inflationary pressures are rising.
Last week's market drop rattled investors with concerns about rising inflation and interest rates. Yet with the economy progressing at a slower pace than in past cycles, there's plenty of time left to profit from bank stocks like JPMorgan, Bank of America and Citigroup, typically among the biggest beneficiaries of economic growth, argues Sandler O'Neill.
Building on the success of Detroit's Entrepreneurs of Color Fund, JPMorgan Chase today announced it will expand the fund's model and create two new funds to help minority entrepreneurs in San Francisco and the South Bronx.
These three Dow giants offer superior risk/reward as the market rips higher.
'We see attractive entry points for many stocks in our universe,' RBC writes.
Things I'm looking at in this fragile market that seems like it isn't fragile for the moment.
Jim discusses our First Data Corp exit, his interview with Broadcom's CEO, Nvidia, and his Real Money article from earlier today.
U.S. stock futures point to sharp gains for Wall Street on Monday, as global shares rebound from their worst week in two years.
The Oracle of Omaha, long with Wall Street titans Jamie Dimon and Jeff Bezos want to fix health care -- at least for their over 1 million employees.
Amazon could soon disrupt the shipping industry - just as it did the grocery business last summer and the healthcare industry in the fall.
The CEO's raise comes as the bank has reaped increasing lending revenue from Federal Reserve interest-rate hikes while opting not to pass along the higher rates to savers with deposit accounts. His pay was roughly 152 times that of the average worker at Bank of America, who saw pay held roughly flat at $151,125 in 2017.
Jim Cramer asks: Is every one of these vexing VIX derivatives going to have to go bust before this torture ends? Looks like it.
The Dow, S&P and Nasdaq each fell nearly 4% Thursday.
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