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By Lisa Abramowicz, Bloomberg |
May 24, 2013
Wall Street banks are expanding holdings of speculative-grade bonds as prices fall from record highs with investors retreating from exchange-traded funds that buy the debt.
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By Whitney Kisling, Bloomberg |
May 21, 2013
Goldman Sachs Group Inc. said the U.S. stock-market rally may last at least another 2 1/2 years, sending the Standard & Poor’s 500 Index up 26% to 2,100.
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By Dawn Kopecki, Bloomberg |
May 21, 2013
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today’s shareholder meeting, according to two people with knowledge of the tallies.
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By Silla Brush and Christine Harper |
May 14, 2013
The CFTC is seeking documents from Wall Street banks about trades that combine features of swaps and futures.
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By Jim Brunsden and Rebecca Christie, Bloomberg |
May 14, 2013
The European Central Bank clashed with Germany over how the European Union will handle struggling banks and whether to create a common agency and fund to manage failures.
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By Christine Harper and Alexis Leondis, Bloomberg |
May 9, 2013
Bill Rubin, a senior investment analyst at BlackRock Inc. who picks financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase & Co. right after the bank disclosed a trading loss that ultimately cost more than $6.2 billion.
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By Dawn Kopecki, Bloomberg |
May 7, 2013
JPMorgan Chase & Co., the biggest U.S. bank, should oust most of its board and split Jamie Dimon’s dual roles as chairman and chief executive officer, shareholder advisory firm Glass Lewis & Co. said.
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By Alasdair Macleod |
May 3, 2013
The question we would all like an answer to is having consolidated after the massive knock-down last month, will gold and silver prices continue to fall, or have they bottomed?
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By Cheyenne Hopkins |
April 24, 2013
More legislation is needed to rein in biggest U.S. banks because the Dodd-Frank Act has failed to guard taxpayers, the bill’s sponsors said.
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By Laura Marcinek and Donal Griffin, Bloomberg |
April 19, 2013
Bank of America Corp. and JPMorgan Chase & Co. led the six largest U.S. banks in boosting combined first-quarter profit 45%. Investors dumped the stocks.