WSJ: Big Banks Lose Nearly Half a Trillion Dollars in 2016

The Wall Street Journal reported that 20 of the world’s biggest banks have lost 25% of their aggregate market value — approximately $465 billion — according to data from FactSet. read more

JUL 11, 2016 - 6:50 am

Major Banks Said to Get Fed Approval to Return Capital

Bloomberg said Citigroup, Morgan Stanley, Goldman Sachs and JPMorgan Chase won approval from the Federal Reserve for their plans to return capital to shareholders. Bank of America got a conditional pass requiring it to resubmit its plan. read more

MAR 13, 2015 - 7:17 am