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Stock Market & Financial Investment News

News Breaks
May 21, 2014
04:55 EDTWFC, WFC, WFC, AIG, AIG, AIG, AJG, AJG, AJG, CICHF, CICHF, CICHF, BAC, BAC, BAC, FITB, FITB, FITB, DB, DB, DB, BK, BK, BKAssociation of Trade and Forfaiting to hold a conference
17th Annual Conference of ATFA to be held in San Francisco on May 21-23.
News For WFC;AIG;AJG;CICHF;BAC;FITB;DB;BK From The Last 14 Days
Check below for free stories on WFC;AIG;AJG;CICHF;BAC;FITB;DB;BK the last two weeks.
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September 19, 2014
11:19 EDTAIGAIG loss of Jay Wintrob a 'big deal,' says Wells Fargo
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September 18, 2014
16:30 EDTAIGAIG Life & Retirement CEO Jay Wintrob leaving company
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16:04 EDTFITBFifth Third Bancorp releases results of its mid-cycle stress test
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16:00 EDTBACOptions Update; September 18, 2014
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14:08 EDTWFC, BACBanks look to high-interest personal loans to boost revenue, WSJ says
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07:52 EDTDBUBS Chair says litigation bigger worry than stress test, Bloomberg reports
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06:39 EDTDBEuropean banks take out EUR83B of loans from central bank, NY Times says
European banks agreed to take out EUR83B in low interest loans from the European Central Bank, as part of a program in which all of the funds must be loaned to businesses or individuals, or repaid to the central bank within two years, according to The New York Times. Several analysts had said that they would be disappointed if banks took out less than EUR100B in loans, but a number of analysts said that a second round of the program, due to occur in December after stress tests have been completed, may be more popular, the newspaper stated. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
September 17, 2014
16:00 EDTBACOptions Update; September 17, 2014
iPath S&P 500 VIX Short-Term Futures down 24c to 27.63. Option volume leaders: AAPL TSLA BAC TWTR AMZN X WLT KO PBR according to Track Data.
14:00 EDTAJGArthur J. Gallagher acquires Hagedorn & Company, terms not disclosed
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13:28 EDTWFCWells Fargo eases lending requirements for buying apartments, Financial Times says
Wells Fargo (WFC) is easing lending requirements for apartment purchases, reports the Financial Times. In an interview, the head of Wells Fargo mortgage production Franklin Codel said, “We’re tweaking our condo approvals to make them more consistent with what Fannie Mae (FNMA) and Freddie Mac (FMCC) allow." Reference Link
13:16 EDTBAC, WFCHolder says DOJ looking to charge bank executives, Washington Post says
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08:19 EDTWFCNational Press Club holds a luncheon meeting
Wells Fargo & Co. CEO John Stumpf discusses the role of financial services in the real economy at a National Press Club luncheon meeting being held in Washington, D.C. on September 17 at 1 pm. Webcast Link
06:54 EDTBACNY Attorney General announces NYC bank identity-theft ring takedown
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September 16, 2014
16:00 EDTBACOptions Update; September 16, 2014
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14:44 EDTDB, BACVirginia AG files $1.15B lawsuit against banks that sold RMBS during crisis
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13:15 EDTBACBank of America gives up $6B in revenue with new consumer strategy, Reuters says
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11:54 EDTBACBank of America reportedly cutting jobs in NY, Houston, DealBreaker says
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07:43 EDTBACRBC Capital to hold a conference
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07:19 EDTWFCCompanies' share buybacks at fasttest clip since 2007, WSJ reports
Companies are buying back their own shares at its fastest pace since the financial crisis to fuel a stock rally, reports the Wall Street Journal. According to Birinyi Associates, companies have bought back $338.3B of stock in 1H14, the most since 2007. Citing an analysis by Barclays, companies with the largest buyback programs by dollar value have outperformed the broader market by 20% since 2008. Reference Link
06:03 EDTBACHuntington Bancshares completes acquisition of 24 Bank of America branches
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