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Stock Market & Financial Investment News

News For UBS;JPM;C;HBC From The Last 14 Days
Check below for free stories on UBS;JPM;C;HBC the last two weeks.
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June 12, 2013
18:30 EDTJPMJPMorgan cuts 1,800 jobs in mortgage servicing, CNBC reports
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16:02 EDTCOptions Update; June 12, 2013
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15:54 EDTJPMJPMorgan cuts 1,800 jobs in mortgage servicing unit, CNBC reports
08:20 EDTCCitigroup says to provide up to EUR200M trade financing to support Greece
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07:53 EDTHBCBarclays wants banking standards task force in U.K., FT reports
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07:21 EDTJPMThe NYSSA to host a conference
23rd Annual High Yield Bond Conference is being held in New York on June 12.
06:41 EDTC, JPMFirm says JPMorgan was top investment bank in Q1, Reuters reports
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06:04 EDTJPMCoty to price its IPO later today, WSJ reports
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05:58 EDTHBC, JPM, CSome major banks get two year delay on swap rule, WSJ reports
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June 11, 2013
18:35 EDTJPM, HBC, CBanks given extension to spin off swaps units, WSJ reports
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13:49 EDTJPMJPMorgan's Dimon sees 4%-5% rate on ten-year
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13:27 EDTJPMJPMorgan said reserves on mortgages will be down this quarter
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13:20 EDTJPMJPMorgan's Dimon said bank did everything they thought was right on 'Whale'
The CEO continued, saying there was no "lying or hiding" on London Whale.
13:11 EDTJPMJP Morgan's Dimon sees no acquisitions in bank's foreseeable future
Dimon said we are pretty much at the "cap' in the U.S. and the bank prefers to grow organically in Europe.
13:08 EDTJPMJPMorgan's Dimon says rates are going to go up in the U.S.
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13:02 EDTJPMJP Morgan's Dimon says Europe has a couple of years to get through
JPMorgan CEO Jamie Dimon speaking at the Morgan Stanley Financials Conference
10:25 EDTCCitigroup falls toward $50, downside leader among sector peers
The shares are down over 3.6% at time of writing to $50.01, near the break of the psychologically important $50 level. Earlier news reported by Bloomberg that the company could face a $7 billion dollar loss from currency swings may be weighing on the stock. Support below $50, which is a penny away from the 30-day moving average, is at $48.92, and then at $47.96, the 50-day moving average. Resistance is at $50.83.
08:46 EDTCCitigroup could face $7B currency loss, analyst says, Bloomberg reports
Citigroup (C) could lose about $7B on currency swings if Charles Peabody at Portales Partners is correct, although the analyst is at odds with peers who say the stock will be the best performer among big U.S. banks in the year ahead, reports Bloomberg. Peabody is among only four analysts out of 34 tracked by Bloomberg who recommend investors sell Citigroup shares. Reference Link
07:42 EDTJPMBoston Biotech Conferences to host a conference
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07:25 EDTJPM, CInternational Economic Forum of the Americas to host a forum
19th Conference of Montreal is being held in Montreal, Canada on June 10-13.
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