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Stock Market & Financial Investment News

News Breaks
February 20, 2013
07:09 EDTCMA, EGBN, WFC, ASBCBank loans to businesses increasing, WSJ reports
There’s a renewed willingness by some banks to lend cheaply and on flexible terms. But a new concern is emerging: Is the pendulum swinging too far the other way? So-called commercial and industrial loans were up 4.4% in Q4 and 16% for all of 2012, according to SNL Financial data, reports the Wall Street Journal. Reference Link
News For WFC;CMA;ASBC;EGBN From The Last 14 Days
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March 26, 2015
08:17 EDTWFCSEC 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
06:11 EDTWFCWells Fargo to close Milwaukee office, cut 1,000 jobs, AP reports
Wells Fargo will eliminate about 1,000 jobs in Milwaukee as the bank closes its home lending servicing office in the city, The Associated Press reports. The bank said in an emailed statements that fewer customers have become delinquent on their payments as the economy has improved, and fewer customers have needed assistance to stay in their homes. Reference Link
March 25, 2015
06:54 EDTEGBNEagle Bancorp management to meet with Sandler O'Neill
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March 24, 2015
08:53 EDTEGBNKeefe Bruyette to hold a field trip
D.C. Financials Field Trip travels throughout Washington, D.C. on March 24-25.
07:45 EDTWFCMetLife CEO letter may be early sign of bank earnings headwinds, WSJ says
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07:27 EDTWFCTelsey Advisory to hold a conference
2015 Consumer Conference is being held in New York on March 24-25.
March 23, 2015
07:19 EDTWFCCapital Link to hold a forum
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March 19, 2015
11:53 EDTWFCU.S. banks face headwinds in unloading oil loans, WSJ says
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March 16, 2015
09:19 EDTCMAComerica management to meet with JPMorgan
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