Home » Archive for December, 2010
Mint.com Security: Is Your Financial Data Safe with Mint.com?
Mint.com has gotten a lot of attention lately because of its purchase by Quicken and many are considering using Mint.com as part of their New Year’s resolution goals to get their financial house in order. Mint.com connects with your... More of this article »
Mint.com Review: What You Need to Know About Mint.com Before Signing Up
The New Year is coming soon and many of us will kick off new year’s resolutions to get back into better financial shape after a binge of holiday shopping. There are a many software packages which will help you setup a financial plan... More of this article »
Finding the Best Current Credit Offers
Regardless of your credit or status, finding the best current credit card offers has never been easier. Today, banks, and credit card companies have developed all types of credit cards to meet the needs of just about everyone. ... More of this article »
JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE: WFC) Expect U.S. Muni Debt Sales to Drop in 2011
During 2011, the Build America Bond program will come to an end. In addition, the Republicans will be gaining control of state legislatures, and expecting to cut government spending in the process. Combining these variables has led... More of this article »
Goldman Sachs’ (NYSE: GS) Sze to Start Hedge Fund
Goldman Sachs Group Inc. (NYSE: GS) is losing a star manager. It has recently been reported that Morgan Sze is trying to raise more than $1 billion to start his own hedge fund. The effort, which if successful would mark the largest... More of this article »
First Horizon National Corp (NYSE: FHN) Reveals TARP Repayment Plan, But Will Other Regional Banks Follow?
First Horizon National Corp (FHN) said it is selling debt and equity to pay off $867 million of TARP aid. First Horizon’s shares rose as investors cheered its move to shed government support. Analysts said the repayment plan... More of this article »
Bank of America (NYSE: BAC) Changes Course and Begins Settlement Discussions with Mortgage Investors
The Wall St. Journal is reporting that Bank of America Corp. (BAC), after vowing to fight requests that it repurchase certain loans, has begun potential settlement discussions with some of its largest mortgage investors. The 17-member... More of this article »
JPMorgan Chase (NYSE: JPM) Restructures Oil Trading Desk
JPMorgan Chase & Co. (NYSE: JPM) restructured its Oil Trading team last week, after the $1.7 billion acquisition of RBS Sempra Commodities LLP units. In that shake up, oil trader Ira Eisenstein also left the firm. In a telephone... More of this article »
Citigroup (NYSE: C) Unveils New Branch Tomorrow
Tomorrow, Citigroup (NYSE: C) will be opening a new, high-tech branch in New York City on Thursday, in an effort to woo more business from wealthy, urban customers. Although Citigroup is the third largest bank in the United States,... More of this article »
Goldman Sachs (NYSE: GS) Shuffles Exec Positions
Goldman Sachs Group Inc. (NYSE: GS) announced that they will move executive Kathleen Brown, who runs the West Coast municipal finance team to a newly created post in Chicago. Recently, her brother Jerry Brown was electedCalifornia’s... More of this article »
Capture the Digital Consumer in 3 Steps
This is a guest post by Sanat Rao – Global Head of Sales – Finacle, Infosys Technologies Ltd. ‘I tweet, therefore I am.’ This already-done-to-death adage seems to sum up today’s consumer – technophillic, independent,... More of this article »
Re-Engineered Citi (NYSE: C) Pays Back Treasury – Poised For Growth
A recent blog post from Zacks shows that the reports of Citigroup Inc.’s (C) demise, were premature at best. The optimism surrounding Citi’s recovery goes well beyond finalizing its final sale of all bailout funds received from... More of this article »
Auriga Boosts Price Target on Ciena Corp. (NASDAQ: CIEN) to $18.00
Equities research analysts at Auriga boosted their price target on shares of Ciena Corp. (NASDAQ: CIEN) from $14.00 to $18.00 in a research note to clients and investors on Friday. The analysts currently have a “hold” rating... More of this article »
Wells Fargo (NYSE: WFC) invests $200K in Builders of Hope
Wells Fargo & Co. (WFC) will donate $200,000 to Builders of Hope to support homeownership and affordable rental opportunities in the Lincoln Heights neighborhood in Charlotte. The grant from Wells Fargo is part of the company’s... More of this article »
Polonia Bankcorp (PBCP) Appointed to Assume Deposits and Assets From Earthstar Bank
The Street is reporting that state regulators appointed Polonia Bancorp to assume the deposits and assets of Earthstar Bank. The Pennsylvania bank brought the total number of bank failures in 2010 to 151. Pennsylvania regulators closed... More of this article »
Bank of America (NYSE: BAC) Seeks to Expand Online Brokerage Business of Merrill Lynch
The new breed of investors are an interesting lot. They’re technologically savvy, social, and distrusting in many ways. This has led many to the ‘self service’ type models, where they can seemingly choose and invest... More of this article »
Citigroup (NYSE: C) Still Too Big To Fail, Chairman Says
Citigroup (NYSE: C) is interwoven in the fabric of global finance, according to Citi Chairman Richard Parsons. Earlier this week the government announced plans to shed it’s remaining stake in the mammoth bank, which was as high... More of this article »
Bank of America (NYSE: BAC) Nears Capital Goal
Bank of America (NYSE: BAC) may have received a lot of bad press lately thanks to allegations of mishandling foreclosures, and the loss of top producers in certain lines of business, but there are some positive signs surfacing as well.... More of this article »
Citigroup (NYSE: C) Stock Heading to $5?
Citigroup (NYSE: C) stock has been stuck in a slump for nearly two years, after collapsing to historic levels following the sub prime meltdown and financial crisis. As the firm continues to stabilize and shed non-core assets, their... More of this article »
Bank of America (NYSE: BAC) Joins Shop of Former Citigroup (NYSE: C) Exec
It was not long ago that Todd Thomson was a rising start at Citigroup (NYSE: C), with some speculating that he would someday be it’s CEO – that is, until allegations arose of inappropriate activities including Maria Bartiromo and... More of this article »
How to Get a 3-Year or 5-Year Personal Loan on Lending Club
It’s the holiday season and Christmas hasn’t gotten any cheaper this year. If you’ve found yourself in a situation where you need some extra cash this holiday season, Lending Club might have an answer for you. Lending Club, a... More of this article »
Lending Club States: What States Can Participate in Lending Club
Lending Club is an innovative peer-to-peer lending company which allows members on its website to borrow and lend money to one another. Because of the way that lending laws are setup, Lending Club must past compliance in each state... More of this article »
JPMorgan Chase (NYSE: JPM) hires Ex Goldman Sachs (NYSE: GS) Exec For Investment Banking Unit
The financial sector continues to evolve and change at a rapid pace, and nowhere is this more evident that at JPMorgan Chase & Co. (NYSE: JPM). With the acquisitions of Bear Stearns and Washington Mutual, the firm continues to... More of this article »