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Posts Tagged With 'Citigroup'

Calls to Break Up Big Banks Again Uncalled For

As Republicans gather for their National Convention this week, there is a brouhaha going on over the party considering resurrecting the infamous Glass-Steagall Act. The thought of the conservative party bandying about this liberal idea has many perplexed. Many are chalking up the Glass-Steagall Act talk as political fodder during this intensely charged election year. Continue reading →

Investors Await Latest Round of Bank Stress Test Results

Bank officials and their shareholders are holding their breaths as they wait to see how they fared under the Federal Reserve’s stress tests. They are also readying for even more stringent capital requirements that the Fed is putting in place for them for future stress tests. These measures are mainly meant to make sure that Continue reading →

Avoid Pure Plays in Banking For Now

This week, the bulk of the firms in the financial sector are wrapping up the reporting of their earnings for the first quarter. And whether it be to your dismay, surprise or pleasure, the numbers they are reporting are not as bad as what had been anticipated. Most of the big banks reported last week, Continue reading →

Q1 Earnings for Big Banks Expected to be Dismal; Improvements on Horizon

Well, it is earnings season time again. Companies begin to report their earnings for the first quarter on Monday, with the traditional season opener Alcoa (AA) leading the way. However, the stocks I will be watching most closely are big bank stocks, particularly considering the industry regulations they have had to deal with so that Continue reading →