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Posts Tagged With 'Goldman Sachs'

Bank Stress Test: $385 Billion in Losses Wouldn’t Cause Financial Collapse

Let’s say there was a severe global recession in which the unemployment rate soared five percentage points, and there was a heightened period of financial stress, and negative yields for short-term U.S. Treasury securities. Could the big banks survive? Yes. So says the Federal Reserve, which drew the conclusion for this most severe hypothetical scenario 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 →