An obscure London firm may determine whether Jamie Dimon keeps his dual role as chief executive and chairman of JPMorgan Chase.» Read More
WASHINGTON, March 26- Orders for long-lasting U.S.-made goods surged last month and home prices posted their biggest year-on-year gain in six-and-a-half years in January, the latest signs the U.S. economy regained momentum early in the first quarter.
WASHINGTON, March 19- Groundbreaking to build U.S. homes rose in February and permits for construction climbed to their highest level since 2008, signs the housing market recovery is gathering steam. The Commerce Department said on Tuesday that housing starts rose 0.8 percent last month to a 917,000- unit annual rate.
Most banks got the green light from the Fed with their capital plans. In a surprise, Goldman Sachs and JPMorgan Chase received only "conditional approval."
*All but Ally Financial maintain minimum capital buffers. Banks' efforts to boost their capital since the 2007-2009 U.S. financial crisis helped all 18 participating lenders except Ally Financial meet the minimum hurdle of a 5 percent capital buffer in the Fed's "stress test."
These two banks may find it hard to significantly increase dividends or buybacks.
Death is one of the only guarantees in life — that and taxes. And now, perhaps, getting hacked can be added to the list, and that's been a boon to the cyber-insurance industry.
Victims of 10 banks' shoddy lending practices will receive checks starting in April, even as some say the settlement is flawed.
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Thursday:
BAC experienced widespread outages Friday on its website and mobile banking apps due to an internal technical malfunction, according to a person familiar with the situation.
Some of banking's best-known names are still trading at very attractive valuations to book value and earnings estimates, TheStreet.com says.
Banking analyst Dick Bove may have changed firms but he hasn't altered his rosy view of the banking industry.
Banks are valued below historical norms and the worst of the new financial regulations are already done, and that has one banking analyst upbeat about bank stocks.
A couple of financial names could lead banking sector stocks higher in 2013, says Gerard Cassidy of RBC Capital Markets.
Five years after the housing bubble burst, roughly a million other U.S. homeowners trying to save their homes from foreclosure are stuck in the limbo, NBC News reports.
CHARLOTTE/ WASHINGTON, Jan 7- Bank of America Corp announced more than $14 billion of legal settlements over bad mortgages it sold to investors and flaws in its foreclosure process, taking the bank a step closer to ending the home loan problems that have dogged it for years.
TheStreet.com identifies bank stocks that are trading at low multiples to forward earnings estimates.
Dec 21- Wells Fargo& Co customers on Friday had trouble accessing the bank's Web site for a fourth day, as a federal regulator reiterated the need for banks to have systems in place to ward off cyber attacks.
WASHINGTON, Dec 19- U.S. homebuilding permits touched their highest level in nearly 4-1/ 2 years in November, pointing to strength in the housing market, even though groundbreaking activity dropped.
Major U.S. banks seem to have stopped a group of hacker activists from seriously disrupting their online banking operations.