Charles Campbell, MKM Partners, shares his outlook on financials into the new year in anticipation of the new administration.
CNBC's Wilfred Frost breaks down JPMorgan's quarterly results.
LONDON, Jan 13- European Central Bank officials are unlikely to make any change in policy on Thursday, while data from the United States will help the Federal Reserve decide whether to immediately follow December's rate increase with another. After the December decision to extend QE at a slower pace, the ECB is almost on an autopilot for the rest of 2017, "said...
Marty Mosby, Vining Sparks, breaks down Bank of America's quarterly results which beat on earnings of $0.40 per share with revenues of $19.990 billion.
Bank of America, Netflix, and Facebook stocks are making headlines on Friday.
CNBC's Geoff Cutmore and Steve Sedgwick look back on 2016 and ahead to this year's World Economic Forum annual meeting in Davos.
Bank of America said it expects a "significant increase" in net interest income for the current quarter.
BlackRock, the world's largest asset management firm, reports mixed fourth-quarter results.
Bank of America's fourth-quarter profit jumped 47 percent from a year ago as the nation's largest consumer bank benefited from higher interest rates and lower expenses. The Charlotte, North Carolina- based bank said it earned a profit of $4.34 billion after payments to preferred shareholders, or 40 cents per share, up from $2.95 billion, or 27 cents a share, in the...
*Absa, unit of Barclays Africa, may have to pay $166 mln. JOHANNESBURG, Jan 13- South Africa's anti-graft watchdog has reopened an investigation into whether Barclays Africa Group benefited from an apartheid-era bailout, the bank said on Friday. Former Public Protector Thuli Madonsela instituted the follow-up investigation after a 2010 complaint by Paul...
"The banking sector will be the major focus," said Naeem Aslam, chief market analyst at Think Markets UK. Shares in Fiat Chrysler Automobiles rose 6 percent, recouping some of the previous session's 16 percent slump triggered by the U.S. Environmental Protection Agency's accusations that the car maker illegally masked excess diesel emissions.
Chris Wheeler, U.S. banks analyst at Atlantic Equities, discusses his expectations for banks' fourth quarter earnings.
BEIJING, Jan 13- China's central bank said it lent 305.5 billion yuan to 21 financial institutions via its medium-term lending facility on Friday. Interest rates on the MLF loans were unchanged at 2.85 percent for six-month loans and 3.0 percent for one-year loans, the People's Bank of China said on its official weibo account. The central bank lent 123 billion...
Traders Audio President/Founder, Ben Lichtenstein, takes a look at how the U.S.' major indexes have performed lately and what could influence moves in the coming weeks.
Todd Horwitz at Bubba trading.com says that the rally can't last because Trump won't be able to push deregulation through in the short term.
Pay attention to guidance from U.S. banks reporting tomorrow, says Paul Miller at FBR Capital Markets.
NAPLES, Fla., Jan 12- Federal Reserve officials cautioned on Thursday that the fiscal and tax plans sketched out by the incoming Trump administration could trade a short-term economic boost for longer-run inflation and debt problems they might have to counteract. Fed regional bank presidents, in an array of appearances, agreed in principle that the policies...
WASHINGTON- Federal Reserve Board Chair Janet Yellen will host a townhall meeting with educators from across the Country United States- 0000 GMT. TOKYO- Asian Development Bank President Takehiko Nakao delivers speech about the outlook for Asian economies and the role of ADB- 0800 GMT. STOCKHOLM- Riksbank Deputy Governor Henry Ohlsson talks about current...
John Maxfield at The Motley Fool says that banks should have had a great quarter in Q4.
Financials have been on a tear higher since President-elect Donald Trump won the election, and several market experts see the rally continuing.
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