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This week on "Talking Squawk": David Tepper's "My Cousin Vinny" market call, Cisco's John Chambers, Bloomberg's "Surveillance," the IRS, the AP, and big hair and Sony.
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Bank of America Corp. rose$. 06 or. 4 percent, to $13.40. Citigroup Inc. rose$. 50 or 1.0 percent, to $50.59. JPMorgan Chase rose$. 36 or. 7 percent, to $50.59.
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*Plans to cut annual costs by up to another $3 bln. HONG KONG/ LONDON, May 15- HSBC plans to cut annual costs by up to another $3 billion and may axe a further 14,000 jobs as Europe's biggest bank strives to drive profits in the face of sluggish growth outside Asia.
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Bank of America Corp. rose$. 36 or 2.8 percent, to $13.34. Citigroup Inc. rose $1.17 or 2.4 percent, to $50.09. JPMorgan Chase rose$. 56 or 1.1 percent, to $50.23.
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Bank of America Corp. rose$. 36 or 2.7 percent, to $13.34. Citigroup Inc. rose $1.05 or 2.1 percent, to $49.97. JPMorgan Chase rose$. 47 or. 9 percent, to $50.14.
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Bank of America Corp. rose$. 24 or 1.8 percent, to $13.22. Citigroup Inc. rose$. 82 or 1.7 percent, to $49.74. US Bank rose$. 19 or. 6 percent, to $33.69.
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Bank of America Corp. fell$. 04 or. 3 percent, to $12.98. Citigroup Inc. rose$. 17 or. 3 percent, to $48.92. Wells Fargo rose$. 17 or. 4 percent, to $38.20.
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WASHINGTON, May 13- The FBI last month gave temporary security clearances to scores of U.S. bank executives to brief them on the investigation into the cyber attacks that have repeatedly disrupted online banking websites for most of a year.
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Bank of America Corp. rose$. 03 or. 2 percent, to $13.05. Citigroup Inc. rose$. 11 or. 2 percent, to $48.86. US Bank rose$. 11 or. 3 percent, to $33.60.
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Bank of America Corp. fell$. 04 or. 3 percent, to $12.98. Citigroup Inc. fell$. 17 or. 3 percent, to $48.58. Goldman Sachs fell $1.22 or. 8 percent, to $147.88.
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NEW YORK, May 10- Bank of America Corp has fired back at New York Attorney General Eric Schneiderman after he threatened to sue the bank for violating the terms of a $25 billion settlement designed to end mortgage servicing abuses.
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NEW YORK, May 10- The Japanese yen plummeted to its lowest level against the U.S. dollar in more than four years on Friday after data confirmed Japanese investors were purchasing more foreign assets, with more losses seen likely as the Bank of Japan's massive monetary easing takes hold.
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WASHINGTON, May 8- A multi-bank settlement with regulators over past foreclosure abuses ran into new problems when some borrowers received smaller checks than they should have, the Federal Reserve said on Wednesday.
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May 8- A federal judge ruled on Wednesday that the United States can pursue parts of a civil lawsuit against Bank of America Corp over its sale of toxic mortgages to Fannie Mae and Freddie Mac, boosting a largely untested legal theory the government used in the case. Bank of America had sought to dismiss the lawsuit, which seeks penalties under two laws.
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This is an unofficial transcript of Warren Buffett and Bill Gates appearing live on CNBC's Squawk Box on Monday, May 6, 2013 from 6 am ET to 9 am ET.
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Now that the Dow has cracked 15,000, the argument for "sell in May" may be getting weaker. "It's not based on anything but seasonality and phrases," says one trader.
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Robbie DeRooy, who has worked in the advising industry for more than three decades, joined Morgan Stanley on Friday. Morgan Stanley Wealth Management, majority owned by Morgan Stanley and partially owned by Citigroup, is the largest U.S. brokerage by adviser headcount and client assets.
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**ARUBA NETWORKS INC, $17.18, down 22 pct. **RUCKUS WIRELESS INC, $14.51, down 23 pct. **MERU NETWORKS, $4.25, down 10 pct.
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Hackers on Tuesday launched cyberattacks that affected websites in a planned campaign called "Operation USA."
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May 7- Morgan Stanley Wealth Management, the largest U.S. brokerage and majority-owned by Morgan Stanley, has expanded its adviser force in New York and Tennessee with veteran hires from brokerages Wells Fargo Advisors and Stifel, Nicolaus& Co..
