Category: Banking Stocks
The analysis published under this category are as follows.
Wednesday, September 28, 2011
U.S. Banks Exposure to the $200 trillion US Derivatives Market / Companies / Banking Stocks
By: Sam_Chee_Kong
"The few who understand the system, will either be so interested from it's profits or so dependent on it's favors, that there will be no opposition from that class." Mayer Amschel Bauer Rothschild
According to the Office of the Comptroller of the currency (OCC) in their latest quarterly report on Bank Trading and Derivatives Activities for the fourth quarter of 2008,
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Friday, September 16, 2011
Rogue Trader Costs UBS $2 Billion, Stock Price Plunges 11% / Companies / Banking Stocks
By: Money_Morning
David Zeiler writes:
A rogue trader at UBS AG (NYSE ADR: UBS) lost $2 billion on a series of unauthorized transactions, the bank disclosed yesterday (Thursday) despite internal risk controls designed to prevent such activity.
An employee of the London UBS desk that trades exchange-traded funds (ETFs), 31-year-old Kweku Adoboli, was arrested yesterday on suspicion of fraud.
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Wednesday, August 17, 2011
It's Time to Bail Out of Bank Stocks / Companies / Banking Stocks
By: Money_Morning
Martin Hutchinson writes:
There was a time when bank stocks actually looked like good investments. And many, having racked up big gains over the past two years, proved to be just that.
But sadly, U.S. banks no longer offer the value and profit-making potential they did immediately following the financial collapse. In fact, they're actually heading for what could be a catastrophic decline.
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Friday, July 29, 2011
JPM Carving Bottom Formation / Companies / Banking Stocks
By: Mike_Paulenoff
Lately, with the debt ceiling negotiations usurping everyone's thought processes, excitement about last week's powerful upmove in the financials and banks has faded into the background. Purely from a technical perspective, however, JP Morgan (JPM) is acting very well as it continues to carve out an intermediate term bottom formation, presumably ahead of a thrust that projects to 45.00-46.00.
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Tuesday, July 19, 2011
Summarizing Bank Earnings With Two Charts / Companies / Banking Stocks
By: Tony_Pallotta
Now that the big banks have reported below are two charts that sum up how they are doing aside from the noise of "beating expectations."
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Thursday, July 14, 2011
Investors Avoid Financials, Bank Earnings Are Set to Slide / Companies / Banking Stocks
By: Money_Morning
David Zeiler writes:
Flat or falling revenue will plague major bank earnings as second-quarter results are reported this week - delivering yet another blow to battered financial stocks.
Most of the big banks are expected to report a profit, but a falloff in equity trading volume, weak demand for loans, and costly legal headaches all ate into revenue, which will be a prime concern for already-skeptical investors.
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Monday, June 13, 2011
Bank of America House of Cards on the Verge of Collapse / Companies / Banking Stocks
By: Money_Morning
Jack Barnes writes: Bank of America Corp. (NYSE: BAC) is one of the largest banking complexes in the United States. But its strategy of growing through acquisitions has left the company terribly vulnerable to an economic downturn.
That's why it's time to "Sell" Bank of America Corp. (**).
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Wednesday, May 25, 2011
Bank Earnings Rise In Q1 2011 / Companies / Banking Stocks
By: Tony_Pallotta
On Tuesday the FDIC announced that bank earnings in Q1 2011 are improving, up 66.5% from Q1 2010. In fact bank earnings are back to Q2 2007 levels. Sounds great on the surface.
The problem is what has driven earnings is not real growth but rather an accounting gimmick. Provisions for loan losses or the amount of money reserved for future losses have fallen from $39.2 billion in Q2 2009 (the peak) to $10.3 billion in Q1 2011, a 76% reduction.
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Friday, April 15, 2011
The Financial Sector Will Have a Major Impact on the SP 500 / Stock-Markets / Banking Stocks
By: Marty_Chenard
Regardless of whether a compromise is reached over the approaching lockdown of the United States ceiling and the raising of the debt, this impasse has momentous significance for holders of gold (SPDR Gold Shares (GLD)) and silver (iShares Silver Trust (SLV)). The serious weaknesses of our economic structure is exposing it as a paper tiger. Instead of seeking fiscal sanity, the inability of our leaders to agree on even the smallest of issues is reminiscent of the Roman Empire dealing out bread and circus to the masses when Rome could no longer afford the good times and the games.
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Friday, April 01, 2011
Don't Let 'Zombie Banks' Terrorize Your Portfolio / Companies / Banking Stocks
By: Money_Morning
Martin Hutchinson writes:
In February 2009, I examined the top 12 U.S. banks and gave a generally bullish outlook for them, pointing out that at a fraction of net asset value, their shares were mostly good bargains.
Only a few banks had longer-term problems because of the poor qualities of their loan portfolios. I termed those "zombie banks," and warned that they might not emerge from public ownership.
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Friday, December 10, 2010
Crash Silver, Buy JP Morgan and Prevent Financial Armageddon / Stock-Markets / Banking Stocks
By: Nadeem_Walayat
The "Crash JP Morgan, Buy Silver " internet campaign has been gathering momentum for several months now as individual investors increasingly jump upon the rolling bandwagon by buying a few silver coins. The high profile proponents of the campaign include Max Keiser, Mike Maloney and Alex Jones amongst many others. Whilst they are correct in identifying JP Morgan as being the worlds largest market manipulator that continious to leech the life blood out of the US Economy via the corrupt institution that is the U.S. Federal Reserve Bank that literally makes unlimited funds available at JPMorgans disposal.
Tuesday, October 19, 2010
Investment Bank Earnings Highlight Wall Street’s New Vulnerabilities / Companies / Banking Stocks
By: Money_Morning
Martin Hutchinson writes: The collapse of The Bear Stearns Cos. and Lehman Brothers Holdings Inc. (OTC: LEHMQ), the forced takeover of Merrill Lynch and the decisions by Goldman Sachs Group Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) to get commercial-banking licenses seemed to signal that the investment-banking business model was dead.
Since then, however, Goldman Sachs, in particular, has posted an astonishing run of profitability, earning gigantic sums even while the rest of the U.S. economy languished.
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Friday, October 01, 2010
Small U.S. Regional Banks Fast Becoming Takeover Targets / Companies / Banking Stocks
By: Money_Morning
Don Miller writes:
Sharks are circling the beleaguered financial services industry and the upshot may well be a wave of mergers and acquisitions (M&A) that analysts say could lead to higher valuations, especially for smaller, regional banks.
Activity in the financial services industry has been subdued for the past three years as weak loan growth, shrinking profit margins, increased regulation and low valuations kept investors at bay. But now forces pressuring the industry to contract "will create more willingness to sell from bank management teams and board of directors over the next year," and drive consolidation, according to the report by Credit Suisse Equity Research.
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Monday, September 13, 2010
U.S. Bank Profits Back to Pre Credit Crisis Heights / Companies / Banking Stocks
By: Barry_Grey
US bank profits returned to their pre-crisis heights in the second quarter of this year, according to a report released by the Federal Deposit Insurance Corporation (FDIC), the regulatory agency that insures consumer deposits at commercial banks.
Friday, August 20, 2010
Broken Bank Stocks a Canary in the Stock Market Coal Mine? / Stock-Markets / Banking Stocks
By: Mike_Larson
If there’s one sector of the stock market that trades like death warmed over, it’s the financials. Bank stocks simply can’t get out of their way these days.
Take the KBW Bank Index (BKX) of 24 leading U.S. banks. You can see in this chart that it plunged in April and May, and it hasn’t been able to get off the mat since. In fact, just this week, it’s collapsing to fresh, multi-month lows.
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Monday, August 16, 2010
Banking Stocks Index Shows Unusual Oversold Pattern? / Stock-Markets / Banking Stocks
By: Marty_Chenard
Last Monday, we posted the Banking Index chart and discussed its impending breakout of a triangular pattern.
As you may recall, the implications were for a 10%+ down move if it broke to the downside.
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Tuesday, August 03, 2010
Bank Stress Test: How to Find the Safest Banks in the U.S. and Abroad / Companies / Banking Stocks
By: EWI
Stress test results for the biggest European banks were recently released, while the largest U.S. banks took their first stress tests in May 2009. But most people don't really care how much stress their banks are under; they are more worried about their own stress levels. One thing that adds to personal stress is worrying about whether their deposits are in a safe place. Bob Prechter has encouraged people to find the safest banks for their money since he originally wrote his New York Times best-selling book, Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression in 2002.
Thursday, July 08, 2010
Big U.S. Banks Laundered Money From Drug Trafficking / Politics / Banking Stocks
By: Pravda
Wells Fargo, Bank of America, Citigroup, American Express and Western Union have profited over the years with laundering money from drug trafficking and only pay minimal fines, with no executive jailed when authorities were able to detect illicit transactions. These U.S. banks have admitted failing to comply with federal regulations and laws to control money laundering, participating in the transfer of billions of dollars in illicit funds from drug smuggling in Mexico.
Wednesday, June 02, 2010
The Most Thorough Analyst is Now Buying CitiGroup / Companies / Banking Stocks
By: DailyWealth
Dr. Steve Sjuggerud writes: Hedge-fund manager Bill Ackman once received a six-figure photocopying bill from a law firm... for 140,000 pages of photocopying.
The attorney general wanted Ackman's investment research on MBIA. So he subpoenaed it... and got all 140,000 pages.
Tuesday, May 04, 2010
Your Best Chance to Make 10 Times Your Money in the Stock Market / Stock-Markets / Banking Stocks
By: DailyWealth
"We've suddenly got some activity..."
My father lives in a wealthy suburb of New York, where many Wall Street bankers live. He's been trying to sell his house for nearly three years...