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Stock Market & Financial Investment News

News Breaks
January 11, 2013
10:52 EDTBAC, HBC, USB, C, WFCIran says not behind cyberattacks, U.S. bank hacking, Bloomberg reports
Iran has responded to media reports suggesting that it is behind the wave of cyberattacks on U.S. banks, saying it "disapproves of offensives against financial bodies," Bloomberg reports. In the past four months, online banking sites including those of Wells Fargo (WFC), U.S. Bancorp (USB), Bank of America (BAC), Citigroup (C) and HSBC (HBC) have faced major disruptions. Reference Link
News For WFC;USB;BAC;C;HBC From The Last 14 Days
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May 15, 2015
10:15 EDTBACBank of America reports April default rate 2.93% vs. 2.94% last month
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09:03 EDTUSBU.S. Bank, REI renew mutli-year contract
U.S. Bank (USB) announces the long-term renewal of its co-brand partnership with REI and the launch of the new REI World MasterCard. Under the agreement, the new REI co-branded credit cards will offer members more opportunities to earn through everyday purchases. The card portfolio will be converted to MasterCard (MA) with EMV chip-card technology, better protecting members from card-present counterfeit fraud.
07:50 EDTCDOJ tearing up prior UBS rigging settlement after new violations, WSJ reports
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06:17 EDTBACBank of America CEO still struggles to move past financial crisis, WSJ reports
Five years into his job as Bank of America CEO, Brian Moynihan is still struggling to move past the financial crisis, which is testing his reputation as a "fixer" as well as the patients of investors who are concerned about his progress in turning the bank around, The Wall Street Journal reports. Reference Link
May 14, 2015
16:00 EDTBACOptions Update; May 14, 2015
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06:51 EDTWFCWells Fargo looking to streamline operations, Charlotte Observer says
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06:49 EDTCBanks to pay several billion over alleged currency violations, NY Times says
Barclays (BCS), JPMorgan Chase (JPM), Citigroup (C) and the Royal Bank of Scotland (RBS) are expected to agree to pay a combined "several billion dollars" as part of a settlement with the U.S. over alleged foreign exchange rigging, according to The New York Times, which cited unnamed sources. The banks are also expected to plead guilty to criminal antitrust violations, but it is not anticipated that their operations will be significantly affected as a result of those pleas, the newspaper stated. Meanwhile, UBS (UBS) will pay a fine of up to $500M related to alleged "foreign currency misconduct," the newspaper stated. Reference Link
May 13, 2015
09:39 EDTBACActive equity options trading on open
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08:59 EDTCEasterly Government Properties names Meghan Baivier as COO
Easterly Government Properties (DEA) announced that Meghan Baivier has been named EVP and COO, effective May 12. Baivier will be responsible for overseeing the alignment of the firmís growth strategy and financial goals with operations, capital markets and finance activities. Prior to joining Easterly Government Properties, Baivier served as VP of Citigroupís (C) Real Estate and Lodging Investment Banking group.
07:29 EDTC, BACUBS to hold a conference
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May 12, 2015
16:49 EDTWFCWells Fargo to pay $77M in trust fund case, St. Louis Today says
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16:01 EDTCOptions Update; May 12, 2015
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14:13 EDTC, BACBove says it may be time to buy bank stocks
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07:48 EDTWFC, CStandard & Poor's to hold a summit
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May 11, 2015
16:00 EDTBACOptions Update; May 11, 2015
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09:58 EDTBAC, CBarclays expected to pay GBP2B to settle forex rigging charges, FT says
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09:37 EDTBACActive equity options trading on open
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09:28 EDTCCiti says DOJ talks could include guilty plea on antitrust charge
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09:14 EDTCCiti says DOJ declined prosecution with respect to LIBOR
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08:18 EDTWFC, C, USB, BACBanks executives seek to push back on 'false, damaging' statements, WSJ reports
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