Category: Banking Stocks
The analysis published under this category are as follows.
Monday, October 19, 2015
Banking Stocks Sector Now Looking in the Money / Companies / Banking Stocks
By: Sol_Palha
A sign on the door of Opportunity reads Push. -
Anonymous
The financial sector has pulled back nicely during the market sell off in August, setting up a nice opportunity for the contrarian player. The masses are fixating on whether or not the Fed will raise interest rates by a minuscule 0.25%. While they fixate on this issue opportunity could be at hand;now might be the time to put some money into banks. One simple way to achieve this would be via KBW Nasdaq Bank Index (BKN).
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Wednesday, October 14, 2015
How Can Bank of America Drive Better Efficiency? / Companies / Banking Stocks
By: Bloomberg
Brian Moynihan, CEO of Bank of America, spoke with Bloomberg TV’s Erik Schatzker about the bank's earnings and performance.
Moynihan said that the efficiency ratio should be 500 BPS lower and the company has a plan to get it there. When asked about how he will do it, Moynihan said: "The headcount will come down because there were 60 percent people costs. There's not enough other costs to save a lot of money, but question is how you do that."
Wednesday, October 14, 2015
Forget the Yield Curve- Banks Stocks Are a Bargain / Companies / Banking Stocks
By: Sol_Palha
A wise man will make more opportunities than he finds. - Francis Bacon
The press is giving too much credence to the effect an interest rate hike would have on the markets and on the financial sector. First of all, the fact that the Fed has been debating whether or not to raise rates by a paltry meaningless 0.25 basis points speaks volumes. The Fed clearly understands that this recovery is nothing but smoke and mirrors; the main driving force behind being hot money.
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Sunday, September 27, 2015
Stock Trade-of-the-Week: JP Morgan Chase & Co. (JPM/PM) / Companies / Banking Stocks
By: Donald_W_Dony
Company Profile: JPMorgan Chase & Co. provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management.
Wednesday, September 16, 2015
Big Banks Cutting Tens Of Thousands Of Jobs; Huge Implications / Companies / Banking Stocks
By: John_Rubino
Money center banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to have hit a wall, and are now shedding tens of thousands of workers.
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Tuesday, September 08, 2015
Dangerous is The Best Way to Explain The Banking Stocks Index Now ... / Companies / Banking Stocks
By: Hubert_Moolman
The ($BKX) Banking Index did hold at its rising channel's support line last week. However there is concern for later because the support line was breached for two days before the Banking Index found its way back into the range.
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Friday, July 31, 2015
Banking Stocks You Need to Consider Now / Companies / Banking Stocks
By: Submissions
Larissa James writes:As the Chinese stock market continues to crash, things on the home front are doing just fine. While we’ve seen industry averages drop slightly over the past few months, we still remain on a positive upward trajectory over the past five years. If you haven’t yet regained confidence after the 2008-2009 crisis, now is the time to get back in the game. And if you’re looking for a place to start, the following banking stocks should be top on your list:
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Wednesday, June 24, 2015
It’s the World’s Most Powerful Investment Bank… and Now It’s Going to Work for You / Companies / Banking Stocks
By: ...
MoneyMorning.com Shah Gilani writes: It’s true. Starting sometime next year, Goldman Sachs Group Inc. (NYSE: GS) – the poster child Wall Street investment bank of the 1% of the 1% of the superrich – is going to lend money to the remaining 99% of consumer borrowers.
Don’t bother getting all suited up with hat in hand for a visit to a local branch of Goldman Sachs Bank USA (with its $73 billion in deposits) – there won’t be one.
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Thursday, May 21, 2015
Banking Stocks Break Out with Higher Bond Yields / Companies / Banking Stocks
By: Gary_Tanashian
It is too early to call it a confirmed breakout, but the Bank index has popped above cyclical bull market highs. Weekly MACD and RSI both look good.
Sunday, March 22, 2015
Bank Stress Tests Prove the Worst History Repeats Itself / Companies / Banking Stocks
By: Money_Morning
Shah Gilani writes: Last Wednesday, only two out of 31 big banks failed the Federal Reserve's "qualitative" round of bank stress tests.
One was Deutsche Bank AG (USA) (NYSE: DB), and the other was Santander Holdings USA Inc. (NYSE: SOV-C).
And then on Thursday, Santander's biggest U.S. unit, Santander Consumer USA, was able to sell a bundle of subprime auto loans, worth $712 million, in a matter of hours.
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Tuesday, March 17, 2015
Banks Stress Tests When the Worst Loans Are the Best Deals / Companies / Banking Stocks
By: Money_Morning
Shah Gilani writes: Last Wednesday, only 2 out of 31 big banks failed the Federal Reserve‘s “qualitative” round of stress tests.
One was Deutsche Bank USA, and the other was Santander Holdings USA Inc.
And then on Thursday, Santander’s biggest U.S. unit, Santander Consumer USA, was able to sell a bundle of subprime auto loans, worth $712 million, in a matter of hours.
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Tuesday, March 10, 2015
Bank Stress Test Kabuki Theater Begins Again / Companies / Banking Stocks
By: Money_Morning
Shah Gilani writes: It’s that time of year again. Not for spring cleaning – but for bank stress tests.
Too bad stress tests are nothing more than a sweeping-dirt-under-the-rug exercise, despite the rug-beater supposedly hanging them on the line.
The whole show, which first started in April 2009, is just a public performance.
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Wednesday, February 25, 2015
How to Borrow Cheaply from a Government-Owned Bank / Politics / Banking Stocks
By: Money_Morning
Shah Gilani writes: The free market for banking services in the United States isn't a free market at all.
The truth is the biggest commercial banks in America operate with virtual impunity as a government-subsidized, government-protected oligopoly.
So, why don't we drop the pretense that government-owned banks don't belong in a free market economy and create a network of honest state-owned banks to compete with so-called private banks?
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Thursday, January 22, 2015
166 Trillion Reasons Why Bank Stocks Are So Cheap / Companies / Banking Stocks
By: Money_Morning
Michael E. Lewitt writes: My continuing search for sectors of the stock market that are trading cheaply and offer the potential for gain has led me to a controversial slice of the market: bank stocks.
Looking at the "Big Four" in the U.S. banking sector, it's easy to conclude that the sector is undervalued…
But that conclusion may be a bit misleading.
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Monday, January 12, 2015
JPMorgan Is the Latest Target on Goldman Sachs’ “Hit List” / Companies / Banking Stocks
By: Money_Morning
Shah Gilani writes: This may be old news, but as far as history goes, a lot of us forget it.
And you know what happens then – we’re doomed to repeat it.
What I like about people forgetting history are the trading and investing opportunities that pop up when I can see the past coming back to haunt us before others do.
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Sunday, November 23, 2014
This Publicly-Owned Bank Is Outperforming Wall Street / Companies / Banking Stocks
By: Ellen_Brown
The Wall Street Journal reports on the impressive record of the Bank of North Dakota
While 49 state treasuries were submerged in red ink after the 2008 financial crash, one state’s bank outperformed all others and actually launched an economy-shifting new industry. So reports the Wall Street Journal this week, discussing the Bank of North Dakota (BND) and its striking success in the midst of a national financial collapse led by the major banks. Chester Dawson begins his November 16th article:
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Tuesday, November 18, 2014
Why Sleazy Auto Lenders Are the Nation’s Most Reckless Drivers / Companies / Banking Stocks
By: Money_Morning
Shah Gilani writes: There’s a lot of action over in the subprime auto sector, and it’s not pretty
The saying is “Where there’s smoke, there’s fire.” So, it’s probably just a matter of time before the mainstream media and the general public catch on and see the flames being vigorously fanned by greedy lenders.
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Wednesday, October 29, 2014
Bank of America's Mortgage Headaches / Companies / Banking Stocks
By: Bloomberg
Bank of America Chairman Brian Moynihan spoke with Bloomberg Television anchor Erik Schatzker today, where he said that legal costs stemming from defective mortgages are largely behind it. Moynihan said, "If you look at the different components of liability and the amount of settlements, whether it's the RMBS cases, yes, it's behind us...Embedded in that is often the question, OK, that's over, now you can go concentrate on running the company. The answer is, we were running the company" all along.
Monday, October 27, 2014
Europe Redefines Bank Stress Tests / Stock-Markets / Banking Stocks
By: Raul_I_Meijer
The EU and ECB claim they conducts their stress tests and Asset Quality Reviews to restore confidence in the banking sector. That is easier said than done. The problem with the confidence boosting game is that if the tests are perceived as not strong enough, nobody knows which banks to trust anymore. And, on the other hand, if the tests are sufficiently stringent, there’s a genuine risk not many banks are found healthy.
There’s the additional issue of quite a large group of banks having been declared ‘systemic’ by their mother nations, which is of course equal to Too Big To Fail, and, in layman’s terms, ‘untouchable’.
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Thursday, September 18, 2014
Is Citigroup the Dumbest Bank Ever? / Companies / Banking Stocks
By: John_Rubino
Back in 2006, when the housing bubble was entering its truly (and obviously) manic phase, mega-bank Citigroup was being pressured by Wall Street to grow faster. And rather than pushing back against what were clearly ill-timed demands from desperately-short-sighted analysts, Citigroup CEO Chuck Prince uttered some words — and adopted a strategy — that live on in the annals of banker cluelessness: