U.S. regulators are investigating whether Bank of America executed its own trades before those of Fannie Mae and Freddie Mac
Despite the huge fine from mortgage loans originations, Bank of America could continue to deliver shareholders sweet returns over the long run. It's still trading much cheaper than both JPMorgan Chase and Wells Fargo.
Citigroup has fallen short of analyst estimates for the second straight quarter. However, with the stock down, now may be the best time to buy.
Bank of America, Citigroup, and AIG all trade below book value. Why?
The biggest stories from Friday’s world of finance.
JPMorgan gives its CEO a big, fat raise, while Citigroup remains intent on saving money. Meanwhile, Wells Fargo becomes less insured, Bank of America trades up a storm, and smaller banks report quarterly results.
The biggest stories from Thursday’s world of finance.
Wells Fargo is already one of the best financial institutions in the world. Here is a reason to like the company even more.
Net income from one of Bank of America's businesses grew by 32% year over year, and its total now bests that posted by both Wells Fargo and JPMorgan Chase.
The biggest stories from Wednesday’s world of finance.