Banking

JPMorgan has opened a lawsuit against Tesla over a stock warrant incident that resulted in Elon Musk being charged with securities fraud.

Barclays CEO Jes Staley resigned amid an investigation into his relationship with Jeffrey Epstein. What's his net worth?

Admid the semiconductor shortage, these Goldman Sachs-stock picks could help you profit from the high demand. Should investors buy them?

What’s Marcelo Claure’s net worth? Learn more about the former Sprint CEO and current SoftBank Group International chief.

What’s Anne Finucane’s net worth? Learn more about the Bank of America executive. She's stepping down as the bank’s vice chair at the end of 2021.

The race is on for BNPL (buy now, pay later) platforms. With its planned partnership with Apple, will Goldman Sachs catch up?

JPMorgan Chase & Co., has announced that it will provide all wealth management clients access to invest in digital assets.

ETFs (exchange-traded funds) have stock-like characteristics, while ETNs (exchange-traded notes) possess bond-like traits.

Investors are still excited about the shift to EVs in the long-term despite a pullback in EV names in 2021. Bank of America offers picks to play this theme.

Jamie Dimon’s salary history clearly shows why he's still considered one of the richest men in banking. When did he joined the billionaires club?

One major bank has decided to prevent its clients from buying shares of MicroStrategy, which is one of the top Bitcoin stocks on the market.

Despite multiple controversies under his belt, David M. Solomon relishes in his high-paying role as the Goldman Sachs CEO.

Goldman Sachs isn't always on the nose, but their analysts hold a lot of expertise—including in the EV space.

Softbank has launched a SPAC called SVF Investment Corp., which will focus on the AI space. Should you buy SVF Investment Corp. stock?

The stock for social media company Snap (SNAP) fell 16.0% last month to close at $17.77. It’s now trading just above its IPO price of $17.

PayPal (PYPL) could have bright prospects despite the competitive threat it faces from Square and Apple in the online payment market, according to equity research firm BTIG.

Morgan Stanley charges fixed fees and performance fees for asset management services, products and services, and administration of accounts.

BlackRock’s (BLK) retail business had assets under management (or AUM) of $542 billion as of March 31, 2016.

Between December 2014 and December 2016, Baker Hughes (BHI) stock hit its peak in April 2015. It troughed at ~$39 in January 2016.

The US Treasury holds monthly auctions of three-year Treasury notes. The latest auction was held on July 7.

2016 has mostly been about macro trends, thus presenting a different set of challenges for active fund managers who mostly focus on companies rather than economic and sector trends.

Last week, high-grade bond yields rose after upbeat US inflation and retail sales data raised the possibility of a rate hike by the year’s end.

With household spending gathering pace, it could be an important growth driver for the United Kingdom’s economic growth.

Exchange-traded fund investors added almost $552.6 million on average to the Financial Select Sector SPDR ETF (XLF) in the last quarter. During the week ending September 25, the ETF witnessed outflows of $318.3 million.

The tech sector’s competitive edge So far in this series, we’ve discussed the potential effects of Trump’s proposed tax reform on prominent tech stocks such as Apple (AAPL), Microsoft (MSFT), IBM (IBM), and Amazon (AMZN). Tech companies continue to be preferred by investors due to their proprietary technological expertise and large cash balances. Their technical […]

Bank of America (BAC) is currently trading at $25.26. Its 52-week high is $25.80 and 52-week low is $12.05.

In spite of a rather weak performance, Wells Fargo (WFC) commands the highest premium due to its strong franchise, mortgage concentration, and high net interest margins.

Travis Perkins was at the top of the iShares MSCI United Kingdom ETF on October 23, 2015, as analysts showed positivity toward the construction industry.

According to Reuters, Facebook (FB) is currently in discussions with banks about improving customer service through its apps.

In a Bloomberg survey of 37 analysts, 19 analysts (51%) have assigned a “buy” rating to Wells Fargo (WFC) while 13 (35%) have rated it as “hold.” The stock currently has five “sell” ratings.

JPMorgan’s latest 2Q14 results beat estimates. Meanwhile, net income was down to $6 billion from $6.5 billion in 2Q13. The earnings per share (or EPS) was $1.46, compared to $1.60 in 2Q13.

The analyst consensus target price for LyondellBasell is $116.82, implying a return potential of 8.5% over the closing price of $107.68 as of April 20, 2018.

The first challenge is that banks are highly regulated and any change in regulations has a huge impact on the valuation of a bank—the second challenge is that it’s difficult to determine cash flow for a bank because both debt and reinvestment are difficult to calculate.

The US economy has been improving gradually, but some businesses in the US have suffered a lot over the years.

On April 13, JPMorgan Chase reported 1Q16 earnings of $1.35 per share. It beat consensus estimates of $1.28. Its shares rallied 4.2% after the earnings beat.

Changes in technology have reshaped the banking sector. Banks are increasingly collaborating with fintech firms to improve their customer service.

The SPDR Euro Stoxx 50 ETF (FEZ) is a US exchange-traded ETF that tracks the performance of the 50 largest companies across the Eurozone.

We explored the most commonly used valuation metric for financial companies—the price-book value. We also understood the relation between price-book value and return on equity.

On Monday, Bank of America analyst Ronald Epstein lowered his target price on Boeing stock by $10 to $360. However, he maintained his “neutral” rating.

Investment-grade corporate bonds worth $28.8 billion were issued in the primary market in the week to May 27, 2016.