New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 20, 2014
07:14 EDTJPM, HSBCJPMorgan, HSBC said looking to bid for $4B Saudi IPO, Bloomberg says
JPMorgan (JPM) and HSBC (HSBC) are among banks looking to compete with local lenders including Banque Saudi Fransi and Gulf International Bank to be appointed as financial adviser on the sale of a 15% stake in Jeddah-based National Commercial Bank, according to Bloomberg, citing five people with knowledge of the matter. Reference Link
News For JPM;HSBC 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 | >>
March 31, 2015
08:18 EDTHSBCBank monitor critical of HSBC reform efforts, Bloomberg says
HSBC has not fully complied with U.S. demands to revamp operations following allegations of money laundering and links to terrorist regimes, Bloomberg reported yesterday, citing sources familiar with a report from the bank's court-appointed monitor Michael Cherkasky. The report, which will be made public this week, alleges that the bank resolved a client alert then created supporting documentation after the matter was resolved. The bank also has inadequate controls for high-risk countries such as Oman and the Philippines, the report alleges. Reference Link
March 30, 2015
15:11 EDTHSBCHSBC monitor reports bank falls short of compliance timeline, Bloomberg says
Subscribe for More Information
11:28 EDTJPMJPMorgan advances, levels to watch
Subscribe for More Information
07:44 EDTJPMBasel Committee says new regulations unlikely, FT reports
In an interview with the Financial Times, Basel Committee secretary-general William Coen stated most of the post-financial crisis bank regulation is in place, and the committee will now spend 2015 providing clarity on existing regulation. Coen stated that he is strongly inclined to review bank trading book rules by year's end, though the committee's review of market risk regulations may or may not be completed this year. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
March 29, 2015
18:02 EDTJPMECB stimulus may boost trading opportunities for investment banks, Reuters says
The European economic stimulus plan may boost trading opportunities for major investment banks whose profits have been curtailed by an increase in financial regulations since the financial crisis, says Reuters. publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
17:46 EDTJPMJPMorgan could climb 30% in a year, Barron's says
Subscribe for More Information
March 27, 2015
09:37 EDTJPMGoldman Sachs overtakes JPMorgan in commodities rankings, Reuters says
Subscribe for More Information
06:49 EDTJPMBNY Mellon may have contacted recruitment firm for CEO candidates, Reuters says
Subscribe for More Information
March 26, 2015
08:17 EDTJPMSEC Chairwoman proposes new 'dark pool' regulation, NY Post says
Securities and Exchange Commission Chairwoman Mary Jo White proposed new regulation Wednesday that would require high-frequency traders to register with the Financial Industry Regulatory Authority and provide the agency with a daily paper trail, reports the New York Post. The Post notes that there is a 60-day comment period before any SEC rule is finalized. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
March 25, 2015
09:02 EDTJPMCitizens names Donald McCree as vice chairman, head of commercial banking
Subscribe for More Information
March 24, 2015
07:45 EDTJPMMetLife CEO letter may be early sign of bank earnings headwinds, WSJ says
Subscribe for More Information
07:26 EDTHSBCMaxim Integrated targeting major banks with patent lawsuits, Reuters reports
Maxim Integrated is (MXIM) targeting several major banks alleging their smartphone banking apps infringe the company's patents, reports Reuters. The complaints were filed against M&T Bank (MTB), and the US affiliates of HSBC (HSBC) and Banco Santander (SAN). The patents cover various technologies that secure data, including encryption for mobile financial transactions. Reference Link
06:08 EDTHSBCU.S. regulators say BNP, HSBC, RBS must rewrite living wills
Subscribe for More Information
March 23, 2015
09:30 EDTHSBCHSBC raises exposure to Russia, Brazil, others, Reuters says
Subscribe for More Information
March 19, 2015
15:29 EDTJPMJPMorgan execs 'brace' for potential investment/commercial bank cuts, FBN says
Subscribe for More Information
12:29 EDTJPMJudge dismisses lawsuit over $13B JPMorgan-Justice Dept settlement, Reuters says
A federal judge has dismissed a lawsuit that sought to block a $13B settlement reached between JPMorgan and the U.S. Justice Department over mortgage loans, reports Reuters. Judge Beryl Howell accepted a motion by the Justice Department to dismiss the lawsuit, which argued the non-profit group Better Markets lacked standing to sue. Howell said, "The plaintiff has failed to meet its burden to show it has suffered an injury in fact." Reference Link
11:53 EDTJPMU.S. banks face headwinds in unloading oil loans, WSJ says
Subscribe for More Information
March 18, 2015
08:25 EDTJPMSamson near deal for covenant breach waiver, NY Post says
Subscribe for More Information
07:44 EDTJPMJPMorgan to purchase $45B of mortage service rights from Ocwen, NY Post says
Subscribe for More Information
07:20 EDTHSBCU.S. considers 'tearing up' non-prosecution deals with banks, Bloomberg says
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