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![Underwriting Profits Slip at JPMorgan Chase (NYSE: JPM), Goldman Sachs (NYSE: GS), and Others](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
![League Tables Cast Positive Light for Goldman Sachs (NYSE: GS) and JPMorgan Chase (NYSE: JPM), Bad News for Citigroup (NYSE: C)](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
League Tables Cast Positive Light for Goldman Sachs (NYSE: GS) and JPMorgan Chase (NYSE: JPM), Bad News for Citigroup (NYSE: C)
The league tables, used to rank the big banks and serve as bragging rights for the merger advisors is out. Somewhat surprisingly, Goldman Sachs (NYSE: GS) leapfrogged to the front of the line. Goldman has advised on $392 billion worth... More of this article »![Raises on Horizon at Citigroup (NYSE: C)](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Raises on Horizon at Citigroup (NYSE: C)
Let the fury begin. Today, it was reported that Citigroup (NYSE: C) is planning to give several top executives salary raises in the form of stock, which will lead to multi-million dollar increases in total compensation. Aligning the... More of this article »![SEC Investigation into Goldman Sachs (NYSE: GS) Questioned](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
SEC Investigation into Goldman Sachs (NYSE: GS) Questioned
In a well publicized case earlier this year, the Securities and Exchange Commission reached a settlement with Goldman Sachs (NYSE: GS) on alleged wrongdoing in a sale of mortgage securities called Abacus 2007 AC-1. Today, the SEC’s... More of this article »![Leadership Changes on Deck Across Major Banks](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Leadership Changes on Deck Across Major Banks
Trends are common in the management of banking institutions – for a while, all the major banks were headed by retail banking veterans. As firms began to realize how small the margin was in those businesses, the shift was made... More of this article »![UBS (NYSE: UBS) Reverses Trend of Client Outflows](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
UBS (NYSE: UBS) Reverses Trend of Client Outflows
During a down market, firms cannot hang their hats on revenue flows – so, they often turn to client flows instead. Client outflows can be a sign of impending disaster as we saw in the fourth quarter of 2008, so client inflows... More of this article »![Was Goldman Sachs (NYSE: GS) the Biggest Winner in the AIG Bailout?](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Was Goldman Sachs (NYSE: GS) the Biggest Winner in the AIG Bailout?
When American International Group failed, the financial system de-stabilized and some firms were thrust into a panic amid the dust. Now, the picture becomes more clear on exposures, and protection plans that were in place. Recently... More of this article »![Goldman Sachs (NYSE: GS) Retains Right to Issue IPO’s](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Goldman Sachs (NYSE: GS) Retains Right to Issue IPO’s
Goldman Sachs (NYSE: GS), a major player in the IPO market received important news: they remain a qualified issuer. After the firm agreed to settle a fraud case with the Securities and Exchange Commission, doubts were raised if... More of this article »![European Stress Tests Yield Positive Results](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
European Stress Tests Yield Positive Results
Following the collapse in the banking sector, the European regulators kicked off a stress test, designed to examine and better understand the safety of the banking sector, and likelihood of a recurrent collapse. As the exam is now... More of this article »![Earnings Season Review for JPMorgan Chase (NYSE: JPM), Citigroup (NYSE: C), and More](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Earnings Season Review for JPMorgan Chase (NYSE: JPM), Citigroup (NYSE: C), and More
We have now reached the end of earnings season for the major banks, so looking back on the results collectively is now appropriate to assess collective performance. Earnings season can be a rally cry for a bull market, or a deadening... More of this article »![British PM Cameron to meet with Leaders of Citigroup (NYSE: C), JPMorgan Chase (NYSE: JPM), Goldman Sachs (NYSE: GS) and Others](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
British PM Cameron to meet with Leaders of Citigroup (NYSE: C), JPMorgan Chase (NYSE: JPM), Goldman Sachs (NYSE: GS) and Others
While most attention is paid to the financial crisis in the US, the global recession’s impact on the U.K. has also been deep and severe. David Cameron, British Prime Minister, will meet with leaders of New York’s financial... More of this article »![Wells Fargo (NYSE: WFC) Beats Earnings Estimates On Lower Loan Losses](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Wells Fargo (NYSE: WFC) Beats Earnings Estimates On Lower Loan Losses
In the latest round of earnings season, Wells Fargo & Co (NYSE: WFC) posted higher than expected quarterly earnings. The fourth largest US bank was buoyed by declining losses on commercial and consumer loans, a similar story echoed... More of this article »![Bank of America (NYSE: BAC) Loan Mods on the Rise](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Bank of America (NYSE: BAC) Loan Mods on the Rise
Loan Modification is a serious buzz term in the recent months. Leading the charge on this is the former Countrywide, now a division of Bank of America (NYSE: BAC). As one of the nation’s largest issuer of mortgages, they also... More of this article »![Goldman Sachs (NYSE: GS) Earnings Disappoint](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Goldman Sachs (NYSE: GS) Earnings Disappoint
Amid the market collapse of the second quarter, Goldman Sachs (NYSE: GS) disappointed with earnings results today. Combining with the market volatility, the costly settlement reached with the SEC knocked Goldman’s earnings. The... More of this article »![Citigroup (NYSE: C) Discloses Results, Beats Earnings](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Citigroup (NYSE: C) Discloses Results, Beats Earnings
With earnings season in full force, it was Citigroup’s (NYSE: C) turn on Friday. The firm reported strong results, beating the consensus estimate of 5 cents per share coming in with 9 cents per share. The results were below last... More of this article »![Bank of America (NYSE: BAC) Opening Customer Outreach Center](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Bank of America (NYSE: BAC) Opening Customer Outreach Center
Bank of America (NYSE: BAC) has announced that their Home Loans division is opening a new customer outreach center in Dedham, Massachusetts to serve customers in the Boston area. As one of the world’s largest financial institutions,... More of this article »![KBW Raises Earnings Estimates for Citigroup (NYSE: C)](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
KBW Raises Earnings Estimates for Citigroup (NYSE: C)
Citigroup Inc. (NYSE: C), which has been decimated in the last 2 years by the financial crisis received some good news today. The analysts at Keefe, Bruyette & Woods (KBW) raised their earning outlook for the firm. An increased... More of this article »![Barclays (NYSE: BCS) Poaches Staff from Citigroup (NYSE: C), Credit Suisse (NYSE: CS), and Goldman Sachs (NYSE: GS)](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Barclays (NYSE: BCS) Poaches Staff from Citigroup (NYSE: C), Credit Suisse (NYSE: CS), and Goldman Sachs (NYSE: GS)
Barclays (NYSE: BCS) continues it’s push into the US market. After purchasing the assets of the now defunct Lehman Brothers last year, the firm has made a significant commitment to expanding in the US, and this week brings news... More of this article »![Tax Proposal Removed From Regulatory Reform](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Tax Proposal Removed From Regulatory Reform
The financial regulatory reform legislation has been amended (again). This time, the committee has agreed to remove the proposed $19 billion tax on the large banks. In addition, the Troubled Assets Relief Program (TARP) will be ended... More of this article »![Analyst Recommends Goldman Sachs (NYSE: GS) to Settle SEC Lawsuit](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Analyst Recommends Goldman Sachs (NYSE: GS) to Settle SEC Lawsuit
Somewhere lost in the shuffle of Toyota’s brake issue and BP’s oil disaster in the gulf, the SEC has continued making progress in it’s fraud suit levied against Goldman Sachs (NYSE: GS). Credit Agricole Securities... More of this article »![Will a British Glass Steagall break up Barclays (NYSE: BCS), Royal Bank of Scotland (NYSE: RBS), and Others?](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Will a British Glass Steagall break up Barclays (NYSE: BCS), Royal Bank of Scotland (NYSE: RBS), and Others?
After the Great Depression, America’s Congress decided one of the major reasons for the economic collapse was the banking industry. In particular, they argued that banks were engaged in too many lines of business, had potential... More of this article »![The Volcker Rule set to impact Hedge Fund Investments from Bank of America (NYSE: BAC), Citigroup (NYSE: C), JPMorgan Chase (NYSE: JPM), and Others](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
The Volcker Rule set to impact Hedge Fund Investments from Bank of America (NYSE: BAC), Citigroup (NYSE: C), JPMorgan Chase (NYSE: JPM), and Others
The Volcker rule, as it has come to be referred to, seeks to prevent financial institutions from gambling with taxpayer-insured funds. In the new financial reform act, the most significant part of the Volcker rule is steeped in ambiguity,... More of this article »![TruPS Change to Impact Bank Capital Policies for Bank of America (NYSE: BAC), JPMorgan Chase (NYSE: JPM), Citigroup (NYSE: C), and Wells Fargo (NYSE: WFC)](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
TruPS Change to Impact Bank Capital Policies for Bank of America (NYSE: BAC), JPMorgan Chase (NYSE: JPM), Citigroup (NYSE: C), and Wells Fargo (NYSE: WFC)
The Financial Regulatory Reform Act is said to be a watered down version of the original legislation – however, that does not mean it is impotent. In legislation such as this, the minutia is of critical importance. In this case,... More of this article »![Ratings Downgrades Inevitable for Citigroup (NYSE: C), Bank of America (NYSE: BAC) and Others Post Financial Regulatory Reform?](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)
Ratings Downgrades Inevitable for Citigroup (NYSE: C), Bank of America (NYSE: BAC) and Others Post Financial Regulatory Reform?
As the financial regulatory reform act nears final completion, attention is now turning to the immediate impacts to the institutions it effects. While most attention has been given to the structural changes that will take place as... More of this article »![Goldman Sachs (NYSE: C), Citigroup (NYSE: C), and JPMorgan (NYSE: JPM) Rise on news of Financial Reform](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=220&zc=2)