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Zacks News
Global Banks to Pay $91M in Settlement for FX Manipulation
by Zacks Equity Research
Swiss COMCO fines big global banks around 90 million Swiss francs ($91 million) for rigging prices in the foreign exchange market.
Has Citigroup (C) Outpaced Other Finance Stocks This Year?
by Zacks Equity Research
Is (C) Outperforming Other Finance Stocks This Year?
Wells Fargo (WFC) to Overhaul Commercial Banking Business
by Zacks Equity Research
Wells Fargo (WFC) simplifies Commercial Banking unit in order to have leaders working closer to customers.
The Swiss Watch of Finance: Where Fed Rate-Cut Odds Come From
by Kevin Cook
Fed funds probabilities are built on much more than a Vegas-style prediction market.
Citigroup (C) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Citigroup (C) closed at $65.78, marking a -0.15% move from the previous day.
Wintrust Prices Public Offering of $300M Subordinated Notes
by Zacks Equity Research
Wintrust (WTFC) plans to use proceeds from the offering toward general corporate purposes and to boost overall growth.
This is Why Citigroup (C) is a Great Dividend Stock
by Zacks Equity Research
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Citigroup (C) have what it takes? Let's find out.
Comerica's Strategic Growth Initiatives Aid, Costs Increase
by Zacks Equity Research
Comerica (CMA) benefits from its strong capital position, rising revenues and focus to improve efficiency. However, rising costs and lack of loan diversification pose concerns.
The Zacks Analyst Blog Highlights: Apple, Intel, JP Morgan, Bank of America and Citigroup
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple, Intel, JP Morgan, Bank of America and Citigroup
Yield Curve Inverts Again: What Does This Mean for Banks?
by Swayta Shah
Inversion of yield curve, which indicates impending slowdown in economy or recession, is bad news for banks. It not only hurts interest income but also may affect financials.
FDIC-Insured Banks' Q1 Earnings Impress on Robust Revenues
by Zacks Equity Research
FDIC-insured commercial banks and savings institutions' stellar Q1 earnings benefit from higher net operating revenues and controlled expenses, partly muted by higher provisions.
Citigroup (C) Stock Moves -0.05%: What You Should Know
by Zacks Equity Research
In the latest trading session, Citigroup (C) closed at $63.76, marking a -0.05% move from the previous day.
Global Interest Rates Fall: Banks Aren't Happy
by Daniel Laboe
The 10 year US Treasury note just slid to its lowest level since September of 2017 and it continues to fall. Interest rate benchmarks around the world have seen a decline over the last six months and this decline is accelerating.
Case-Shiller Report & Other News
by Zacks Equity Research
Case-Shiller Report & Other News
Case-Shiller Shows Weakening Home Price Growth: 3.7%
by Mark Vickery
The 20-City composite is down 4% year over year to a paltry 2.7%, led by Las Vegas with 8.2% growth.
Lawsuit Slapped on Global Banks for FX Collusion in Australia
by Zacks Equity Research
Big global banks in spotlight again, this time accused in Australia for rigging prices in the foreign exchange market.
BofA Consolidates Branch Network Amid Rise in Digital Usage
by Zacks Equity Research
Increased use of digital methods to do banking transactions leads of branch consolidations at BofA (BAC).
Citigroup (C) Stock Moves -0.2%: What You Should Know
by Zacks Equity Research
In the latest trading session, Citigroup (C) closed at $64.94, marking a -0.2% move from the previous day.
Dow 30 Stock Roundup: Walmart, Cisco Earnings Impress
by Swarup Gupta
The index enjoyed a strong week of gains after the after U.S.-China trade rhetoric cooled off to an extent.
Goldman Sachs Announces $750M Deal to Acquire United Capital
by Zacks Equity Research
Acquisition of United Capital's digital platform and client base will boost Goldman's (GS) wealth management unit.
Global Banks to Pay $1.2B in Settlement for FX Manipulation
by Zacks Equity Research
EU regulators fine big global banks around $1.2 billion for rigging prices in the foreign exchange market.
Wells Fargo's New CEO Candidate to be Reviewed by Regulators
by Zacks Equity Research
Well Fargo's (WFC) search for new CEO gets further complicated as regulators plan to review the candidates.
Why Is Citigroup (C) Down 5.8% Since Last Earnings Report?
by Zacks Equity Research
Citigroup (C) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Goldman Seeks Tokyo Banking Licence for Cash Management
by Zacks Equity Research
Goldman's (GS) consistent efforts to diversify sources of revenues bode well for long-term growth.
Zacks Value Trader Highlights: Amazon, Citigroup, CVS and Lincoln National
by Zacks Equity Research
Zacks Value Trader Highlights: Amazon, Citigroup, CVS and Lincoln National