The Investment Committee discuss the latest Calls Of The Day.
There are always doom-and-gloom warnings in the financial media that the stock market is headed for a tumble, regardless of market conditions. These days, some warnings center on stock valuations appe
Citigroup's strategic restructure is making significant progress, with a clear focus on high ROE business lines and cost reduction. The management team aims to achieve 11-12% RoTCE by 2025-2026, which
The company operates through three segments: Credit Card Consumer Banking Commercial Banking The company accepts: Checking accounts Money market deposits, Negotiable order of withdrawals Savings depos
The financial sector is often seen as a bellwether for the overall economy, and right now, it's sending out healthy signals. As expectations for a soft landing of the U.S. economy increase, financial
Some of the largest U.S. banks are being asked by the Commodities Futures Trading Commission to provide details about nondisclosure agreements for employees in an effort to protect potential whistlebl
Investment banks have struggled from sluggish IPO and debt issuance markets during the past two years. Improving sentiment and increased appetite for risk could help IPO activity rebound in 2024.
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Citigroup has been a laggard since the Financial Crisis but has the potential for a 50% upside over the next 3-5 years. The bank is currently under-earning its potential, but if it achieves its medium
Bank of America reported a decline in net interest income year-over-year. If rates stay higher for longer, this metric could continue to face pressure.
Several top-rated finance stocks stand out ahead of their Q1 reports on Monday, April 22, and now may be a good time to buy.
While you should never invest based on any one metric or person's guidance, a possible exception can be made for Michael Burry stocks. Granted, you still need to conduct your own due diligence.

Bank ETFs in Focus on Mixed Q1 Earnings

09:00am, Wednesday, 17'th Apr 2024
While most big banks beat on both lines in the first-quarter earnings season, higher rates may weigh on the financial ETFs over the medium term.
Bank of America (BAC) and Morgan Stanley (MS) were the latest Big Bank stocks to report first-quarter earnings on Tuesday. Both topped earnings and revenue estimates, a trend consistent for major fina
Bill Nygren, Oakmark portfolio manager, joins 'Closing Bell Overtime' to talk his top stock picks, finding opportunities in the current market, and more.
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