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Afraid to Invest? Here’s How You Can Become a Beginner Investor

Afraid to Invest? Here’s How You Can Become a Beginner Investor

Investing can seem like a complex occupation that only a select few dabble in. Knowledge in economics and finance can greatly help an investor succeed, but by all means, a degree in these fields is not necessary to become a successful... 
Proxy Showdown at Wells Fargo (NYSE: WFC)

Proxy Showdown at Wells Fargo (NYSE: WFC)

Is a proxy fight brewing at Wells Fargo (NYSE: WFC)? It may be too early to tell, but maybe. The San Francisco based banking giant has been forced to vigorously defend its slate of candidates to serve on the board after two proxy... 
Bank of America (NYSE: BAC) Hires Former JPMorgan Chase (NYSE: JPM) Exec Howard

Bank of America (NYSE: BAC) Hires Former JPMorgan Chase (NYSE: JPM) Exec Howard

The game of musical chairs on Wall Street continues to go on. Earlier this week JP Morgan Chase (NYSE: JPM) Announced significant hiring plans across the business, and Citigroup (NYSE: C) followed with large expansion plans of their... 
JP Morgan Chase (NYSE: JPM), Bank of America (NYSE: BAC), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), Wells Fargo (NYSE: WFC), and Others Named In EU Probe

JP Morgan Chase (NYSE: JPM), Bank of America (NYSE: BAC), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), Wells Fargo (NYSE: WFC), and Others Named In EU Probe

Major banks are facing increased scrutiny in the EU, where a competition watchdog is investigating their practices, as well as a financial data firm and a clearing house, in the market for credit default swaps. During the financial... 
JPMorgan Chase (NYSE: JPM) Analysts Chime in on Gas Prices

JPMorgan Chase (NYSE: JPM) Analysts Chime in on Gas Prices

As the summer travel season is nearly upon us, consumers are worried about the prospects of rising gasoline prices. With speculators expecting further volatility in the middle east, many fear gas prices will continue to inch higher... 
AIG (NYSE: AIG) Planning To Sue ICP and Moore Capital, Goldman Sachs (NYSE: GS) Next?

AIG (NYSE: AIG) Planning To Sue ICP and Moore Capital, Goldman Sachs (NYSE: GS) Next?

Against all odds, AIG (NYSE: AIG) was able to survive the financial crisis of 2008 (thanks to large cash infusions from the government.) Now though, their attention has to turned from surviving to going after some of the losses with... 
Former Wells Fargo (NYSE: WFC) Exec to Lead U.S. Bancorp (NYSE: USB) Ultra High Net Worth Division

Former Wells Fargo (NYSE: WFC) Exec to Lead U.S. Bancorp (NYSE: USB) Ultra High Net Worth Division

The U.S. banking industry has become highly fragmented over the past few years. As many of the large banks change their business models to target new opportunities, most have the same goal: more wealthy customers. The theory goes that... 
Bank of America (NYSE: BAC) Plans New Credit Card Fees, Follows JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE: WFC) Approach

Bank of America (NYSE: BAC) Plans New Credit Card Fees, Follows JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE: WFC) Approach

The financial services industry continues to struggle with replacing the revenue lost through the Dodd Frank financial regulatory reform legislation. Since the major banks have to get out of prop trading, and now have limits on overdraft... 
JPMorgan Chase (NYSE: JPM) Exec Voices Concern Over Debt Ceiling

JPMorgan Chase (NYSE: JPM) Exec Voices Concern Over Debt Ceiling

Although the government was able to avoid a shut down a few weeks ago, a bigger financial problem may be brewing as well. As noted in various news outlets, the debt ceiling for the U.S. is just above current levels, and is expected... 
California Public Employees Retirement System Disagrees with Plan from Goldman Sachs (NYSE: GS)

California Public Employees Retirement System Disagrees with Plan from Goldman Sachs (NYSE: GS)

CalPERS, the California Public Employees’ Retirement System is concerned by a plan set forth by Goldman Sachs (NYSE: GS). Goldman’s plan is to liquidate Lehman Brothers Holdings Inc., the last remnants of the once storied... 
Citigroup (NYSE: C) To Hire 500 New Employees

Citigroup (NYSE: C) To Hire 500 New Employees

In what may turn out to be some of the most promising signs of the economic recovery on Wall Street, Citigroup (NYSE: C) has disclosed plans to hire 500 new employees over the next two years. A bank spokesperson confirmed the rumors... 
Bank of America (NYSE: BAC)’s Krawcheck Planning Management Changes for Brokerage Business

Bank of America (NYSE: BAC)’s Krawcheck Planning Management Changes for Brokerage Business

Salle Krawcheck, President of Bank of America (NYSE: BAC)’s wealth management division continues to search for a head of the firms brokerage business. The 15,500 person operation remains one of the largest in the industry, and... 
JPMorgan Chase (NYSE: JPM) CEO Dimon Speaks Out Against Regulatory Reform

JPMorgan Chase (NYSE: JPM) CEO Dimon Speaks Out Against Regulatory Reform

Jamie Dimon, the Chief Executive Officer of JPMorgan Chase (NYSE: JPM) was able to navigate his firm through the financial crisis relatively unscathed, and even picked up a few business opportunities in the process. While Dimon has... 
Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), JPMorgan Chase (NYSE: JPM), and Citigroup (NYSE: C) Meet with State Attorney Generals

Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), JPMorgan Chase (NYSE: JPM), and Citigroup (NYSE: C) Meet with State Attorney Generals

The mortgage crisis that began nearly three years ago continues to plague the banking industry, but the firms with the greatest exposure are seeking to expedite and remediate the issue as soon as possible. Today, officials from Bank... 
Bank of America (NYSE: BAC) Hires Goldman Sachs (NYSE: GS) Exec

Bank of America (NYSE: BAC) Hires Goldman Sachs (NYSE: GS) Exec

A day after Citigroup (NYSE: C) announced key new hires targeting the European market, Bank of America (NYSE: BAC) has made a splash of their own. The Charlotte based bank has hired a Goldman Sachs (NYSE: GS) executive to run its North... 
Citigroup (NYSE: C) Hires Former UBS (NYSE: UBS) Exec Guerin for Europe Post

Citigroup (NYSE: C) Hires Former UBS (NYSE: UBS) Exec Guerin for Europe Post

Citigroup (NYSE: C) is getting aggressive in the European region, announcing key hires aimed at helping restore inroads that have fractured since the financial crisis. Facing mounting challenges in the US market this may provy to... 
Shareholders Sue Bank of America (NYSE: BAC) Over Mortgage Mess

Shareholders Sue Bank of America (NYSE: BAC) Over Mortgage Mess

Bank of America Corp (NYSE: BAC), the nation’s largest bank, has been battered by lawsuits during the past two years and there does not appear to be an end in sight. Yesterday, one more has been added to the mix. A group of shareholders... 
Bank of America (NYSE: BAC) Seeking To Improve Online Retail Presence

Bank of America (NYSE: BAC) Seeking To Improve Online Retail Presence

Bank of America (NYSE: BAC) may be the largest U.S. bank when measured by deposits, but is still struggling to meet the demands of customers in the new technology centric economy. The firm is seeking to hire three executives to improve... 
Citigroup (NYSE: C) Hires Popham For Europe Post

Citigroup (NYSE: C) Hires Popham For Europe Post

As Citigroup (NYSE: C) continues to rebound from the depths of the financial crisis, the firm has sought to shed assets and rebuild its image. Part of that image transformation involves hiring well connected people to create business... 
Lloyds Banking Group Plc Taps JPMorgan Chase (NYSE: JPM) and Citigroup (NYSE: C) For Asset Sale

Lloyds Banking Group Plc Taps JPMorgan Chase (NYSE: JPM) and Citigroup (NYSE: C) For Asset Sale

JPMorgan Chase (NYSE: JPM) and Citigroup Inc. (NYSE: C) have been tapped by Lloyds Banking Group Plc to oversee the sale of six hundred branches. Lloyds, Britain’s largest mortgage lender, has been ordered by European Union regulators... 
JPMorgan Chase (NYSE: JPM) CEO: Don’t Lump All Banks Together

JPMorgan Chase (NYSE: JPM) CEO: Don’t Lump All Banks Together

No one questions Jamie Dimon’s passion. As Chief Executive of JPMorgan Chase (NYSE: JPM), he resides at the top of US finance, able to navigate his firm through the financial crisis relatively unscathed, while picking up strong business... 
Bank Execs from JPMorgan Chase (NYSE: JPM), Barclays (NYSE: BCS), Bank of America (NYSE: BAC), and Others Converge in Davos

Bank Execs from JPMorgan Chase (NYSE: JPM), Barclays (NYSE: BCS), Bank of America (NYSE: BAC), and Others Converge in Davos

Davos, Switzerland was the site of a major meeting today, bringing together the chief executive officers from many of the major banks. The leaders of Bank of America Corp (NYSE: BAC), Barclays Plc (NYSE: BCS), JPMorgan Chase (NYSE:... 
JPMorgan Chase (NYSE: JPM) Decreases Gannett Investment

JPMorgan Chase (NYSE: JPM) Decreases Gannett Investment

The newspaper industry isn’t what is used to be. With the rise of digital news, the industry finds itself losing customers, and investors alike. This week, news came down that JPMorgan Chase & Co. has reduced its stake in Gannett... 
Paulson Scores Big Profit on Citigroup (NYSE: C)

Paulson Scores Big Profit on Citigroup (NYSE: C)

John Paulson, the hedge fund manager famously embroiled in the “Fabulous Fab” trading issue at Goldman Sachs (NYSE: GS) has apparently done quite well since mid-2009, reportedly earning $1 billion on his investment in Citigroup... 
Bank of America (NYSE: BAC) Exec Supportive of Regulations on Investment Advice

Bank of America (NYSE: BAC) Exec Supportive of Regulations on Investment Advice

The U.S. brokerage industry continues to lack uniformity in regulations on providing investment advice, and Bank of America (NYSE: BAC) exec Sallie Krawcheck thinks something should be done about that. The Securities and Exchange Commission...