Thursday, 17 May 2012 | Source: The Associated Press
Fitch Ratings said Thursday that the world's 29 biggest banks together may have to raise $566 billion by the end of 2018 to meet new international requirements for holding cushions against risk.
BOSTON (Reuters) - Protesters calling themselves the "99 percent" disrupted State Street Corp's annual meeting on Wednesday, using a coordinated plan to interrupt Chairman and Chief Executive Jay Hooley five different times.
(Reuters) - Activist investor Nelson Peltz said his Trian Fund Management has picked up a stake of more than 7 percent in Ingersoll Rand Plc <IR.N> to push changes at the manufacturer of air conditioners and security systems.
(Reuters) - A judge in Boston has denied a motion by State Street Corp to dismiss claims that the custody bank overcharged an Arkansas pension fund on its foreign currency trades.
(Reuters) - A U.S. judge in Boston has denied a motion by State Street Corp to dismiss claims that the custody bank overcharged an Arkansas pension fund on its foreign currency trades.
Activist investor Nelson Peltz said his Trian Fund Management has picked up a more than 7 percent stake in industrial conglomerate Ingersoll Rand, lifting Ingersoll shares.
BOSTON (Reuters) - Three years ago, John Galanek co-founded FX Transparency LLC to give big investors a more sophisticated view of their foreign exchange trades.
BOSTON (Reuters) - Three years ago, John Galanek co-founded FX Transparency LLC to give big investors a more sophisticated view of their foreign exchange trades.
A group of specialist banks are profiting from Europe's financial crisis, thanks to a surge in demand for securities which allow traders to bet against bank stocks and government bonds.
Friday, 18 Nov 2011 | Posted By:
| Source: CNBC.com
Even as bank stocks continue to fall, analyst Dick Bove says investors should keep buying despite the companies' extreme sensitivity to the events in Europe.
Ahead of the Fed's stress tests results on March 15, analysts expect almost all of the largest banks to pass the test — but here are four that are expected to have the highest payout ratio for dividends and buybacks, reports TheStreet.... Read More