Banking
HSBC Bucks Bad Bank Trend
At a time when U.S. banking giants like JPMorgan Chase and Bank of America are being held out...
JPMorgan and Justice Hit $13 Billion Snag
Just as JPMorgan Chase & Co. (JPM) and the U.S. Justice Department seemed ready to ink their record-setting...
Fed Won’t Fold on Stimulus
The Fed once again should confirm what most investors already know by now, that its $85 billion-a-month bond-buying...
Europe’s Largest Bank Watches Profit Slide 94 Percent
Deutsche Bank AG, Europe’s largest bank by revenue, reported its third-quarter profit fell by 94 percent.
Fed Adopts Tougher-Than-Basel Liquidity Rules
The U.S. Federal Reserve voted today to require banks to hold enough liquid assets to survive a 30-day...
ETF Talk: These Chinese Red Chips are Really Blue
China’s astonishing growth in Gross Domestic Product (GDP) during the past several years has been driven in no...
BBVA — The Next Mega Bank You Probably Haven’t Heard of
Joining me on PowerTalk today is Ed Bilek, the head of U.S. shareholder services for Banco Bilbao Vizcaya...
JPMorgan Chase & Co. Becomes Latest Triple-Crown Parade
Last year, the Detroit Tigers’ star Miguel Cabrera became the first baseball player in half a century to...
Stocks Rise Before Syria Vote, Fed Decision; Bigger Banks in Europe?; Full Speed Ahead: Auto Sales Accelerate in August
Stocks climbed today, led by automakers and technology companies, as investors awaited a Senate vote on action against...
Microsoft Late to the Smart Phone Party; Middle Eastern Markets and Oil Prices Get a Jolt… from Israel; Citigroup Minimizes Alternative Asset Holdings to $2.5 Billion
In a blockbuster $7.2- billion deal, Microsoft is acquiring Nokia’s cellphone business. Microsoft is paying 3.79 billion Finnish...