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By John Sullivan, Advisorone |
April 20, 2012
The amount has caught the attention of the Consumer Financial Protection Bureau, which is reviewing bank overdraft practices.
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By John Sullivan, Advisorone |
April 18, 2012
The announcement will follow recent decisions by JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup to reclassify $4.1 billion of junior liens as 'nonperforming.'
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By John Sullivan, Advisorone |
April 16, 2012
The five largest domestic banks now hold $8.5 trillion of assets, or 56% of the nation’s GDP, and are bigger than before the financial crisis.
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By John Sullivan, Advisorone |
April 10, 2012
Might we be in a dividend bubble? If the number of news accounts on the benefits of dividend-paying stocks, and the mountains of company cash, is any indication, one would most certainly say yes.
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By John Sullivan, Advisorone |
April 6, 2012
Just as the underlying investments in supposedly 'safe' money markets are receiving increased scrutiny, so too are the underlying investments in stable value funds.
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By Marlene Y. Satter, AdvisorOne |
March 6, 2012
Portugal may be in need of a second bailout–or so it seems from its sovereign bond yields, which have risen steadily despite a flood of cash from the European Central Bank that is flowing to other investment targets.
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By Marlene Y. Satter |
February 23, 2012
Bank of America is setting its sights on China. After adding both staff and profit in its initial efforts there, it sees more opportunity in the huge Chinese economy than it does in other areas, where it is slashing staff and shuttering branches.
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By Joyce Hanson, AdvisorOne |
January 13, 2012
In JPMorgan Chase's Q4 2011 earnings release, CEO Jamie Dimon highlighted the bank's loans to businesses and consumers rather than focus on poor trading conditions and lower revenues.
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By Marlene Y. Satter, AdvisorOne |
December 30, 2011
German lender HSH Nordbank is suing JPMorgan Chase and Ally Financial, among other financial institutions, over losses it sustained in mortgage bonds that it said were misrepresented.
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By John Sullivan, Advisorone |
December 14, 2011
Bloomberg continued its campaign Wednesday to hold Meredith Whitney accountable for her prediction that 'hundreds of billions of dollars' of municipal defaults would occur within 12 months of her '60 Minutes' interview, noting that one fallout of her prediction was to allow banks to cash in.
