-
Troubled Lender Credit Suisse Flags Massive Loss For Q4 As It Speeds Up Turnaround Plans
Wednesday, November 23, 2022 - 4:42am | 522Read More...Troubled Swiss investment bank Credit Suisse Group AG (NYSE: CS) on Wednesday flagged a massive loss for the fourth quarter, as it goes about setting its house in order. What Happened: Credit Suisse said it expects its investment banking business and the group to report a loss before taxes of...
-
Sectors That Present The Most Opportunity For Retail Investors And Ones To Stay Away From: Benzinga TV Exclusive
Tuesday, October 18, 2022 - 4:41pm | 273Read More...On today's (Oct. 18) episode of the "Stock Market Movers," host Mitch Hoch spoke to Eric Schiffer, CEO of The Patriarch Organization, about the biggest opportunities for retail investors. When asked about how the recession, "We are not in the eye of the storm yet," said...
-
Morgan Stanley Q3 Dividend Hike Details Are Here
Tuesday, June 28, 2022 - 2:40am | 340Read More...Morgan Stanley (NYSE: MS) announced Monday that it will raise its quarterly common stock dividend to $0.775 per share from the current $0.70 per share beginning with the common dividend expected to be declared in the third quarter of 2022. What Happened: Morgan Stanley CEO James Gorman said,...
-
Citigroup Names New President And Head Of Global Consumer Banking
Friday, October 25, 2019 - 1:01am | 380Read More...Investment bank Citigroup has promoted Jane Fraser as the corporation’s president, its CEO Michael Corbat announced on Thursday. The position, which had been vacant since April after the retirement of company stalwart Jame Forese, is usually understood to be reserved for the next-in-line CEO...
-
Profit Like a Venture Capitalist with Exchange Traded Funds
Friday, October 25, 2013 - 3:25pm | 538Read More...My father, who worked in finance for over five decades, used to say, "There are always good buys in the stock market." It is easy to see that statement is true, as some sector or company is always out of favor with investors. What can be difficult is finding the stock that will eventually rise...
-
Need More Capital
Tuesday, October 4, 2011 - 1:00pm | 361Read More...Bank of America (NYSE: BAC) is liquidating businesses and streamlining as part of an overall restructuring effort, but also to get conform to new proposed capital requirements. An increase of 1-2.5% of total capital could be required for balance sheets in an effort to help stabilize the global...
-
Investment Banking Sector Appears Undervalued (SF, TWPG, GS, MS)
Tuesday, April 27, 2010 - 4:11pm | 304Read More...In an article on Seeking Alpha, Chad Brand said that the deal between Stifel Financial (NYSE: SF) and Thomas Weisel Partners (NASDAQ: TWPG) caught his attention. Yesterday SF inked a deal to purchase its investment banking rival for about $7.60 per share in stock, representing a premium of about 70...
-
Do Not Bank On The Investment Banking Sector (C, JPM, GS, BAC, CS)
Thursday, January 14, 2010 - 3:51pm | 212Read More...At a time when the pressure to separate retail and investment banking is growing, the investment banking sector is facing a disaster, with top-notch investment banks likely to post devastating results for Q4. Some of the investment banks that are expected to report grim earnings are Bank of America...
