Oct 17, 2016 by John MaxfieldBank of America Reports Solid Third-Quarter EarningsThe nation’s second-biggest bank by assets beat expectations on the top and bottom lines.
Oct 14, 2016 by John MaxfieldBank of America Earnings Preview: Signs Point to a Strong QuarterThe performance of the megabank's two rivals last quarter suggests that the Charlotte, North Carolina-based bank will beat expectations when it reports third-quarter earnings.
Oct 13, 2016 by John MaxfieldThe True Culture at Wells Fargo Isn't About Scamming CustomersA revealing look into Wells Fargo's 164-year history.
Oct 12, 2016 by John MaxfieldWells Fargo CEO John Stumpf ResignsThe 34-year Wells Fargo veteran became the latest casualty of the bank's massive multiyear fraud perpetrated against its customers and employees.
Oct 12, 2016 by John MaxfieldDoes Wells Fargo's Fraud Date Back to 1998?Annual reports from nearly two decades ago suggest that Wells Fargo’s overly aggressive sales culture dates back to the 1998 merger between it and Norwest Bank.
Oct 12, 2016 by John MaxfieldWells Fargo: "The Story Line Is Worse Than the Economics"Statements by Wells Fargo executives on a recent conference call suggest that the near-term damage from its fake-account scandal won’t materially hurt its third-quarter earnings.
Oct 11, 2016 by John MaxfieldHere's Why the Media Is So Mad at Wells FargoAnalysts and commentators were intentionally betrayed by Wells Fargo, and they are understandably furious about it.
Oct 11, 2016 by John MaxfieldWells Fargo Further Consolidates Control Under COO Tim SloanIt's becoming increasingly clear that the board of Wells Fargo got the memo that blaming low-level employees for a companywide fraud isn’t a winning strategy.
Oct 10, 2016 by John MaxfieldThis Is the Last Straw -- Wells Fargo CEO John Stumpf Should Be FiredAfter employees refused to open unauthorized accounts for customers, Wells Fargo fired them and intentionally made it impossible for the employees to ever work for another bank.
Oct 7, 2016 by John MaxfieldThe Best Bank Stock to Buy in OctoberWells Fargo’s recent problems have made its shares incredibly attractive.
Oct 6, 2016 by John MaxfieldThe Best Thing About Bank of America's StockHere’s the single biggest reason to buy Bank of America’s stock today.
Oct 6, 2016 by John MaxfieldIs JPMorgan Chase Stock a Buy Right Now?For patient, long-term investors, you could do a lot worse than JPMorgan Chase.
Oct 5, 2016 by John MaxfieldHow Does Citigroup’s Dividend Compare to Other Bank Stocks?Citigroup’s current dividend leaves a lot to be desired, but it could remedy this shortcoming in the years ahead.
Oct 4, 2016 by John MaxfieldIs Bank of America’s Stock a Buy Right Now?With the stock at a discount, here's what to consider before interest rates go up.
Oct 4, 2016 by John Maxfield3 Key Facts About JPMorgan ChaseWhat investors need to know about the nation’s biggest bank.
Oct 4, 2016 by John MaxfieldThis McDonald's Chart Gives Me Hope for Chipotle Mexican GrillIf Chipotle follows McDonald’s lead, which is a reasonable assumption, then Chipotle’s recovery from its 2015 foodborne illness outbreak could soon accelerate.
Oct 4, 2016 by John MaxfieldIs Citigroup Stock a Buy Right Now?Its shares are cheap, but investors should approach the bank with a healthy dose of caution.
Oct 4, 2016 by John MaxfieldWhat Happened to ITT Tech?ITT Tech’s bankruptcy could mark the beginning of the end for for-profit colleges and universities.
Oct 4, 2016 by John MaxfieldWhy Wells Fargo Stock Fell 13% in SeptemberA fraud and an unfortunate response.
Oct 1, 2016 by John Maxfield3 Things to Know About Bank of America’s StockInvestors in Bank of America need to know these three basic things about its stock.