Jul 14, 2016 by John MaxfieldThe Fascinating History of the Federal ReserveBestselling author and historian Roger Lowenstein joins Industry Focus to talk about what the Federal Reserve does, why we need it, and why the U.S. has had such a strong push against it for so long.
Jul 14, 2016 by John MaxfieldBank of America Closes the Door on Its Bad BankThe nation's second-biggest bank by assets said on Tuesday that it is closing its legacy assets and servicing segment.
Jul 12, 2016 by John MaxfieldJPMorgan Chase: Q2 Earnings PreviewEarnings are expected to fall, though the nation’s biggest bank by assets could still beat analyst expectations.
Jul 12, 2016 by John MaxfieldWells Fargo: Second-Quarter Earnings PreviewWhile investors should temper their expectations for Wells Fargo’s second-quarter performance (and even more so for the third quarter), the long-term outlook for the $1.8 trillion bank is rock-solid.
Jul 12, 2016 by John MaxfieldBank of America: Second-Quarter Earnings PreviewThere’s reason to believe that the megabank will beat on earnings, though its underlying results probably won’t be anything to write home about.
Jul 8, 2016 by John MaxfieldHow Often Does Bank of America Beat Earnings Estimates?More often than not.
Jul 8, 2016 by John MaxfieldHow Often Does JPMorgan Chase Beat Earnings Estimates?More often than not.
Jul 5, 2016 by John MaxfieldDear Bank of America and Citigroup Investors: Brexit Ain't No Lehman BrothersThe vote in the United Kingdom to separate from the European Union was a stupendous error, but it won't bring down America's biggest banks.
Jul 3, 2016 by John MaxfieldThis Shows Why American Express and Costco Parted WaysThe results of this year’s stress test help explain American Express’ rationale for allowing Visa and Citigroup to replace it as the exclusive co-branded credit card accepted at Costco.
Jul 2, 2016 by John MaxfieldA Thorough and Timely Analysis of Bank of AmericaHere's what I think investors need to know about Bank of America right now.
Jul 1, 2016 by John MaxfieldThe Worst Performing Big Bank Stocks Since BrexitWhy have regional banks underperformed universal banks?
Jun 30, 2016 by John MaxfieldBank of America: An Unanswered Question From This Year's Stress TestHow much capital does Bank of America have to hold in order to pass the stress test?
Jun 30, 2016 by John Maxfield and Dan CaplingerBreaking Down Brexit -- Financials StyleHere's what Brexit is, why it's so important, the arguments for and against it, and its impact on the U.S. and global economy overall.
Jun 29, 2016 by John MaxfieldCitigroup Triples Its Dividend and Boosts Stock BuybacksThanks to its performance on this year's stress test, Citigroup has scaled up the amount of capital that it will return to shareholders over the next 12 months.
Jun 29, 2016 by John MaxfieldBank of America Passes the Stress Test and Boosts Dividend 50%Shareholders in Bank of America are now being rewarded for their patience.
Jun 29, 2016 by John MaxfieldWhy Are Short-Sellers Going After This Bank Stock?Thanks to its acquisition of Astoria Financial, it’s reasonable to assume that New York Community Bancorp will have to continue reducing its dividend, which is likely to push down its stock price.
Jun 29, 2016 by John MaxfieldA Quick Overview: Bank of America's Stress Test PerformanceIt passed, now shareholders just have to wait and see if it can raise its dividend.
Jun 29, 2016 by John MaxfieldWells Fargo and the Stress Test in 3 ChartsShowing how the California-based bank performed on this year's test.
Jun 28, 2016 by John MaxfieldBank of America's Message to Its European EmployeesFocus on clients: it’s business as usual.