John Maxfield

There are two things we know with a high degree of certainty. First, having a good corporate culture is critical to producing outstanding shareholder returns. Second, Bank of America doesn't have a good corporate culture.

With the end of Bank of America's legal fiasco right around the corner, investors should not delude themselves into thinking that BofA's biggest challenge is behind it.

Every year, M&T Bank's Robert Wilmers writes an especially insightful letter to shareholders. Here are seven lessons from the past 10 years.

Bankers are susceptible to the same behavioral biases that cause individual investors to underperform the market.

A recent study by Swiss economists finds that the business culture in the banking industry undermines a person’s inclination to be honest.

There are a lot of reasons to love Wells Fargo, but one of them is certainly the fact that it gets in much less trouble than its peers on Wall Street.

Postcrisis regulations that require banks to hold more capital also have an important impact on taxes.

If you're an investor in GoPro, you should care much less about digital cameras than you probably think.

In the latest chapter of Wall Street's post-crisis woes, six major banks agreed to pay $4.3 billion to settle allegations that traders within their investment banking divisions conspired to manipulate foreign exchange rates.

Bank of America's shotgun wedding to Merrill Lynch was once heralded as a dream come true, but there's reason to think that it has since turned into a nightmare.

In this episode of Where the Money Is, we discuss why Bank of America might want to divorce itself from Merrill Lynch and the flaw in New York Community Bancorp's otherwise immaculate business model.

The payments processing company founded by Jack Dorsey has set its sights on a much bigger prize.

New York Community Bancorp has been one of the best-performing bank stocks during the last two decades. Yet, it currently has one of the worst return-on-asset ratios among regional banks. Here's why investors in the New York-based bank shouldn't fret.

Policymakers can argue all day long about the benefits and detriments of quantitative easing, but you'll never hear a critical peep out of Wells Fargo.

Bank of America announced on Thursday that it had to reduce its third-quarter earnings by $400 million, wiping out a previously reported profit.

By going after groceries, Amazon has set its sights on the second largest category of U.S. retail sales.

In the final analysis, quantitative easing seems to have cost the nation $3.6 trillion. Was the unusual monetary policy worth the price?

With little fanfare, Amazon.com is constructing massive warehouses in the outskirts of America's biggest cities that could serve as a durable competitive advantage for generations to come.

Now that the Federal Reserve has announced its decision to end quantitative easing, it's worth asking whether it worked.

For investors interested in identifying bank stocks with the best chance of outperforming the industry, then the first place to look (for many reasons) is the efficiency ratio.