Banking industry profits are soaring to near record levels, boosted by the fastest increase in lending since Great Recession, The Wall Street Journal reports.» Read More
Some of the names on the move ahead of the open.
SkyBridge's SALT Las Vegas has a lagging younger sibling, SALT Singapore.
Cheap valuations and solid management make the financials sector Bill Nygren's top pick.
More than five years after Wells Fargo purchased Wachovia, one of its key businesses—investment banking—is finally beginning to pay off.
What's the theme for 2014? It's still murky, but I'm increasingly warming to the idea of a synchronized but low-key global recovery.
Warren Buffett's Berkshire Hathaway posted a 29% jump in third-quarter profit, but operating results fell short of analyst forecasts.
"If you can get past the headlines, this is still an extremely strong franchise," KBW's Fred Cannon says of JPMorgan.
Five years after Lehman Brothers collapsed, families in major countries around the world are still too spooked to take chances with their money.
The market is "getting inured to these sort of crises," Karen Finerman of Metropolitan Capital Advisors says.
"I think the market is already telling you it's not as afraid this time," Josh Brown says.
Pete Najarian noted an "absolute scorching move to the upside" in certain U.S. stocks.
The more accommodating stance being taken by Iran’s new president, if genuine, could result in lower oil prices by reducing Middle East tensions.
A growing number of employees are required by companies to set up savings accounts but over time, they are also encouraged to invest a portion in financial instruments.
Goldman Sachs said its quarterly profit doubled thanks to strong trading revenue, but the news left at least one trader unimpressed. Here's why.
The Fed's Ben Bernanke is unlikely to say anything disruptive during his testimony before Congress on Wednesday, which could mark his last as chairman.
Investors have already started to price in improved earnings in financial names, Stuart Frankel's Steve Grasso says.
The recent downturn in stocks was supportive of further gains, Chris Verrone says.
The stock market could continue to founder for another month or two, Stephen Weiss of Short Hills Capital says.
Bank lending for small businesses remains sluggish. From shoring up company finances to cultivating a banking relationship, see what start-ups can do to avoid loan rejections.
Despite regulatory pressure and the general negative public stigma, big American banks are doing better against their global competitors.