The day has started well with the Ira Sohn conference giving a lot of hope to ideas floating around in my head since that jump began last year, but then Jobless claims seem to have kidnapped good news baselines to…
One instantly thinks up exposure to Europe’s credit markets when one thinks of Wall Street trading this year too and it seems Goldman Sachs has again stepped in it and Q2 earnings estimates are rapidly being downgraded this quarter. For…
Facebook’s self effacing roadshow trudge seems to have thrown quite a leg with Zuckerberg’s dream project taking off to a larger Capitalisation target ahead of Friday’s open. Earlier the company had upgraded its IPO range to $34-$38 making itss $104…
Bank of America continued its run of good luck with Judge Rakoff letting it off in the case by Mississippi Public Employees Retirement System for $16 bln of MBS investments sold to them. Goldman Sachs had to sign a $9.8…
The hitherto bankers’ bank Wells Fargo originated more than 30% of the $385 mln in new mortgages in Q1 2012 and led the pack, #2 JP Morgan at just below 11% and Bank of America at hardly 4% ( obviously…
The bone of contention described yet by banks as the limits on derivatives trading has snowballed to the next stage with the Fed adopting the more stringent 10% interbank exposure limit, lining the coffin of the hitherto “wholesale funding” that…
Compensation battles at Chase that compare unfavorably for retail banking employees as Dimon gets paid 67 times the average bank pay or Lloyd Blankfein’s own titular troubles with non profits and activist investors seem destined to take a back seat…
Citigroup results of Jan to March 2012 relied on reduced Citi Holdings assets of $134 bln in the run off portfolio and the $4.74 bln revenues n Fixed Income about a 20% higher than even Q1 2011 and more than…
| INDU | 0.00 | ||
| NASDAQ | 2813.69 | ||
| S&P 500 | 1304.86 | ||
| AMZN | 218.36 | ||
| AAPL | 530.12 | ||
| GS | 97.08 | ||
| BAC | 6.98 | ||
| JPM | 33.93 | ||
| UAL | 21.90 | ||
| MCD | 89.62 | ||
| KO | 75.12 | ||
| DIS | 44.33 | ||
| DB | 35.84 | ||
| HBC | 41.09 | ||
| GOOG | 623.05 | ||
| PEK | 33.51 |