Jan 16, 2015 by John Maxfield5 Important Takeaways From JPMorgan Chase's Quarterly Conference CallJPMorgan's latest conference call covered a lot of ground. After digging through it all, here are the five most important nuggets of information.
Jan 15, 2015 by John MaxfieldHow Much Money Does the Federal Reserve Make? (Hint: It's More Than You Probably Think!)In 2014, the Federal Reserve earned a staggering $101.5 billion.
Jan 15, 2015 by John MaxfieldWells Fargo & Co.'s Fourth-Quarter Earnings Prove Once Again That Boring Banking is Better BankingFor the three months ended Dec. 31, Wells Fargo earned $5.7 billion and, in doing so, easily outpaced its too-big-to-fail peers.
Jan 15, 2015 by John MaxfieldCitigroup Inc Earnings: Profit Plunges Higher Legal Costs and Lower Trading RevenueAn additional $2.5 billion in legal expenses caused Citigroup's earnings to fall by 86% in the final quarter of 2014.
Jan 15, 2015 by John MaxfieldBank of America Corp’s Earnings Hit By Lower Mortgage Banking and Trading ActivityShares of the nation's third largest bank by assets are trading lower today thanks to disappointing fourth quarter results.
Jan 15, 2015 by John MaxfieldThe Striking Correlation Between Wall Street Bonuses and Market CrashesA look back at 30 years of inflated Wall Street bonuses and an assessment of why they were down in 2014.
Jan 14, 2015 by John MaxfieldPlunging Oil Prices Could Push Russia Into a Great DepressionThanks to a precipitous drop in oil prices, the value of Russia's currency has plummeted and its financial sector has been thrown into turmoil.
Jan 11, 2015 by John MaxfieldThe Cost of Rent Is Higher Than Ever -- Here's WhyWhat's behind the recent surge in the average nationwide cost of rent? The law of supply and demand holds the answer.
Jan 10, 2015 by John MaxfieldA Tip of the Hat to Warren Buffett: Discovering the Simple Math Behind Great Bank StocksWhy investors should care more about a bank's book value per share rather than its share price.
Jan 9, 2015 by John MaxfieldPresident Obama's Best Decision in 2015On Tuesday, President Obama nominated a community banker to the Federal Reserve Board of Governors. Here's why it was such a smart move.
Jan 9, 2015 by John MaxfieldBanks Are Riskiest When Everyone Thinks They're SafeCarl Richards' concept of "risk creep" reveals a dangerous misconception about banking.
Jan 8, 2015 by John MaxfieldBank Stocks in 2015: New Year, New Opportunities?a look at what bank investors should keep in mind in 2015.
Jan 7, 2015 by John MaxfieldWhat Bankers Should Think About When They Think About BankingOver the past few decades, thousands of banks have failed because the bankers who run them don't have the right perspective.
Jan 6, 2015 by John MaxfieldAre Business Development Companies Cheap Stocks or Ticking Time Bombs?While many business development companies are trading for healthy discounts to book value, that doesn't necessarily mean they're on sale.
Jan 6, 2015 by John MaxfieldShake Shack: Lessons to Keep in Mind for This Blockbuster IPOWith the hype surrounding Shake Shack's IPO announcement, it would be wise to think through these challenges before rushing in as an early investor.
Jan 5, 2015 by John MaxfieldWhy Are There So Few New Banks?Prior to the financial crisis, the FDIC approved an average of 152 bank and thrift charters a year. Since then, that figure has dropped to 3.2.
Jan 4, 2015 by John MaxfieldAre Bankers Really Less Honest Than Other Professionals?A recent study suggested bankers are less honest than people in other professions. Is this a fair generalization?
Dec 31, 2014 by John MaxfieldHow Much Did the Financial Crisis Cost Bank of America?Estimated conservatively, Bank of America has sustained $124 billion in actual losses and forgone earnings since the onset of the financial crisis.
Dec 27, 2014 by John MaxfieldThe Traits of Great InvestorsIn the video below, we discuss what helps make great investors
Dec 27, 2014 by John MaxfieldWhat American Investors Need to Know About Russia's Financial CrisisJoin the Fool for a look into three troubling issues in the financial world, and what they mean for investors like you.