You can (usually) never go wrong aligning your portfolio with legendary investors, which brings us to undervalued Warren Buffett stocks. To be quite blunt, not everyone trusts the top holdings of the
House Judiciary Committee Chairman Jim Jordan has issued a subpoena to Citibank as part of a hunt for information on whether banks shared private customer data with the FBI after the January 6 insurre
Goldman Sachs Group Inc. Chief Executive David Solomon should stay in the job despite recent criticism and even as the bank's stock performance has lagged its peers, Odeon Capital analyst Dick Bove sa
Shares of the biggest banks in the U.S., including JPMorgan Chase & Co. NYSE: JPM, Bank of America NYSE: BAC, Citigroup Inc. NYSE: C, Wells Fargo & Co. NYSE: WFC and Morgan Stanley NYSE: MS traded low
A GOP-led congressional subcommittee subpoenaed Citibank Thursday over potential information sharing with the FBI.
The subpoena comes after a voluntary request to several financial institutions for the information.
As the stock market is showing an unexpected pattern, investors are on the hunt for hidden-gem stocks that hold the potential to break free from the pack and deliver substantial gains. Amidst the nois
Fitch is warning it may cut the ratings on dozens of banks, according to CNBC. Fitch cut its assessment on banks in June, but it was largely missed.
Fitch Ratings in June cut its "operating environment" score for the US banking sector. Fitch analyst Chris Wolfe told CNBC that another downgrade would mean banking giants like JPMorgan face reevaluat
Citigroup (C) sells Taiwan consumer banking business to DBS, while retaining its institutional client business there. It expects to get a regulatory capital benefit of $1.2 billion.
Big banks are trying to dump commercial real estate loans as pressures mount in the sector.  JPMorgan, Goldman Sachs, and Capital One are among those trying to shed debt exposure, sources told Bloomb
Whether it is the forces of commodity cycles, the changing tides of a world economy, or even straight manipulation from the most prominent players who hear whispers from OPEC's next decision, the only

Markets Plunge at Midday After Bank Downgrades

01:25pm, Tuesday, 08'th Aug 2023
U.S. equities sank at midday on Tuesday, Aug. 8, 2023, following bank downgrades by Moody's and data showing credit card debt rose to a record.

Why Are Bank Stocks Down Today?

09:49am, Tuesday, 08'th Aug 2023
Bank stocks are falling on Tuesday and investors can look to Moody's lowering credit ratings as the reason for the decline. The credit rating business started off the bad news for bank stocks by cutti
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
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