New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 6, 2014
08:20 EDTDB, GS, UBS, STT, JPM, CS, BK, C, BCS, MS, BACFed, FDIC tell big banks to revise 'living will' plans
The Board of Governors of the Federal Reserve System and the Board of Directors of the Federal Deposit Insurance Corporation announced last night the completion of reviews of the second round of resolution plans submitted by 11 large banking organizations in 2013. The agencies have issued letters to each of these banking organizations. In their review of the resolution plans, the agencies noted some improvements from the original plans submitted by these "first-wave filers" in 2012. Among the improvements were the narratives and the attempts to address the five obstacles identified in guidance issued by the agencies in April 2013. These improvements notwithstanding, the agencies have jointly identified specific shortcomings with the 2013 resolution plans that will need to be addressed in the 2015 submissions. The letters to each first-wave filer detail the specific shortcomings of each firm's plan and the expectations of the agencies for the 2015 submission. The findings applied to 11 banks with assets greater than $250B, including Bank of America (BAC), Bank of New York Mellon (BK), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), State Street (STT) and the U.S. units of Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), and UBS (UBS).
News For BAC;C;JPM;MS;BK;STT;BCS;CS;DB;UBS;GS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
November 19, 2014
08:27 EDTCCiti cuts 35 capital markets jobs in London, Reuters reports
Subscribe for More Information
07:51 EDTSTT, JPM, BAC, C, DB, GSClearing House Payments Company to hold a conference
Subscribe for More Information
07:37 EDTBCS, BK, C, JPMCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
07:34 EDTUBS, CSNYSSA to hold a forum
Fall 2014 ETP Trading & Investing Forum is being held in New York on November 19.
06:24 EDTGSGoldman Sachs currency trader dismissed, NY Times reports
Subscribe for More Information
November 18, 2014
09:25 EDTSTTState Street files automatic mixed securities shelf
Subscribe for More Information
09:02 EDTMSMorgan Stanley Wealth Management forms Global Sports & Entertainment unit
Subscribe for More Information
09:01 EDTJPMJPMorgan announces municipal bond agreement with LPL Financial
JPMorgan Chase & Co. (JPM) announced that it has signed an agreement with LPL Financial (LPLA) to provide access to new issue municipal bonds to LPL financial advisors. Under the agreement, LPL will be a preferred retail dealer for J.P. Morgan, further expanding the investment bankís distribution channels for new issue municipal bonds.
07:40 EDTDBDeutsche Bank to exit most individual company CDS trading, Bloomberg reports
A Deutsche Bank spokeswoman confirmed the bank will stop trading most credit-default swaps tied to individual companies, citing the higher costs from new banking regulations, reported Bloomberg, which noted that the bank plans to maintain trading in the more active market for credit swaps tied to benchmark indexes. Reference Link
07:00 EDTDBDeutsche Bank looking to sell further AT1 bonds, Reuters reports
Subscribe for More Information
06:34 EDTDB, CS, UBS, BCSDraghi sees positive signs in euro zone, NY Times reports
Subscribe for More Information
November 17, 2014
14:16 EDTCCitigroup reports October credit loss 2.18% vs. 2.53% last month
Subscribe for More Information
11:17 EDTSTTState Street selling hedge fund investment business, Bloomberg says
State Street is selling SSARIS Advisors, its hedge fund investing business, to the units senior management, says Bloomberg Businessweek. Reference Link
10:15 EDTBACBank of America reports October default rate 2.81% vs. 2.93% last month
Reports October delinquency rate 1.94% vs. 1.92% last month.
10:06 EDTJPMSears Canada, JPMorgan Chase announce changes to credit card program
Subscribe for More Information
07:12 EDTBCSBloomberg / Mayer Brown to co-host a conference
Subscribe for More Information
06:18 EDTJPMJPMorgan reports October net credit losses 2.26% vs. 2.24% last month
Reports October delinquency rate 1.34% vs. 1.30% last month.
November 16, 2014
17:42 EDTJPMJPMorgan settles mineral rights suit in Texas, Bloomberg says
JPMorgan settled a lawsuit by Texas mineral-rights owners that accused the bank of negotiating "sweetheart deals" with oil company clients to cheat them out of $681M in compensation, says Bloomberg. Beneficiaries of the South Texas Syndicate Trust alleged that JPMorgan entered into favorable deals for its commercial banking clients on the trustís rights in the Eagle Ford, added Bloomberg. Reference Link
November 14, 2014
16:39 EDTBKBerkshire Hathaway gives quarterly update on stakes
Subscribe for More Information
10:03 EDTDBHigh option volume stocks
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use