New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 19, 2014
06:23 EDTHSBC, USB, C, DB, BK, WFC, BLKBlackrock, Pimco suing several banks for trustee roles, WSJ says
Investors led by Blackrock (BLK) and Pacific Investment Management Co. are suing units of Deutsche Bank (DB) and U.S. Bancorp (USB) for their roles as trustees overseeing bonds on behalf of investors who bought securities, reports the Wall Street Journal. The group also filed lawsuits against Wells Fargo (WFC), Citigroup (C), HSBC (HSBC) and BNY Mellon (BK) over their roles for overseeing more than 2,000 bonds between 2004 and 2008. According to a person familiar with the litigation, the investors are seeking damages for losses that have surpassed $250B. Reference Link
News For BLK;DB;USB;WFC;C;HSBC;BK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
November 20, 2014
07:21 EDTCCitigroup's OneMain could receive bids from Springleaf, Centerbridge, WSJ says
Springleaf Holdings (LEAF) and Centerbridge Partners are said to be considering separate bids for OneMain, Citigroup's (C) subprime lending business, The Wall Street Journal reports. The unit could fetch over $4B, a source says. Other sources say the sale process for OneMain is in the early stages and other bidders may emerge. Reference Link
07:11 EDTBLKBofA/Merrill to hold a conference
Subscribe for More Information
November 19, 2014
15:59 EDTCCitigroup latest bank to mull sale of index business, Reuters reports
Citigroup, amid increased regulatory scrutiny, is weighing a sale of its index business, said Reuters, citing two sources familiar with the situation. Reference Link
08:27 EDTCCiti cuts 35 capital markets jobs in London, Reuters reports
Subscribe for More Information
07:51 EDTHSBC, USB, DB, CClearing House Payments Company to hold a conference
Subscribe for More Information
07:37 EDTBK, C, WFCCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
06:14 EDTWFCWells Fargo unit to launch Europe infrastructure fund
Subscribe for More Information
November 18, 2014
17:34 EDTWFCWells Fargo, U.S. not as optimistic on settling mortgage suit, Reuters says
Subscribe for More Information
16:48 EDTWFCWells Fargo, U.S no longer confident on settlement, Bloomberg says
Subscribe for More Information
09:56 EDTWFCOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Allergan (AGN) downgraded to Market Perform from Outperform at William Blair... Wells Fargo (WFC) downgraded to Market Perform from Outperform at BMO Capital... Allergan downgraded to Neutral from Buy at Guggenheim... Allergan downgraded to Neutral from Buy at SunTrust... Basic Energy (BAS) downgraded to Neutral from Buy at SunTrust... CBS (CBS) downgraded to Neutral from Overweight at Atlantic Equities... Key Energy (KEG) downgraded to Neutral from Buy at SunTrust... Macy's (M) downgraded to Neutral from Buy at BofA/Merrill... Statoil (STO) downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters (URBN) downgraded to Market Perform from Outperform at Telsey Advisory... Urban Outfitters downgraded to Market Perform from Outperform at William Blair... Urban Outfitters downgraded to Neutral from Overweight at Atlantic Equities... Baker Hughes (BHI) downgraded to Hold from Buy at Argus.... Precision Drilling (PDS) downgraded to Market Perform at Raymond James.
08:13 EDTWFCWells Fargo downgraded at BMO Capital
Subscribe for More Information
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
07:24 EDTWFCWells Fargo to hold a forum
Subscribe for More Information
07:00 EDTDBDeutsche Bank looking to sell further AT1 bonds, Reuters reports
Subscribe for More Information
06:34 EDTHSBC, DBDraghi sees positive signs in euro zone, NY Times reports
Subscribe for More Information
06:20 EDTWFCWells Fargo downgraded to Market Perform from Outperform at BMO Capital
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
11:33 EDTHSBCHSBC facing charges of money laundering, fraud in Belgium, FT reports
Subscribe for More Information
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 | 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