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Zacks News
UBS Group (UBS) CEO Warns Investors of Lower Revenues in Q1
by Zacks Equity Research
UBS Group (UBS) is making efforts to cut an additional $300 million of costs in 2019 to offset the impact of muted revenues in the investment banking division.
Dismal Near-Term Prospects for Major Regional Bank Stocks
by Swayta Shah
While improving economy, higher interest rates and efforts to digitize operations are likely to aid major regional banks' profitability, weak loan growth and rising competition for deposits are major headwinds.
Ameriprise's Insurance Subsidiary to Reinsure Fixed Annuity
by Zacks Equity Research
The insurance subsidiary of Ameriprise (AMP) enters an agreement with Global Atlantic to reinsure billions of fixed annuity policies.
Higher Costs Hurt State Street (STT) Profits: Time to Sell?
by Zacks Equity Research
Elevated expenses are likely to hamper State Street's (STT) financials.
Wells Fargo (WFC) Settles Schilling Fraud Case, To Pay $800K
by Zacks Equity Research
Wells Fargo & Company (WFC) arm - Wells Fargo Securities - enters into agreement with the Securities and Exchange Commission (SEC) to settle the case by paying more than $800,000 civil penalty.
Fifth Third (FITB) Undertakes Job Cut in Cincinnati Region
by Zacks Equity Research
Fifth Third (FITB) plans to retrench 30 employees at a Greater Cincinnati office, following the acquisition of MB Financial.
Why is BancorpSouth (BXS) Stock a Potential Pick Right Now?
by Zacks Equity Research
BancorpSouth (BXS) can be a solid bet now, on the back of its organic and inorganic growth strategies, which have placed it well for the future. Moreover, the bank's focus on capital deployment is encouraging.
Is it Worth Holding on to Sallie Mae (SLM) Stock Right Now?
by Zacks Equity Research
Sallie Mae (SLM) can be added to your portfolio now, backed by its robust fundamentals and long-term growth opportunities.
Are You Looking for a High-Growth Dividend Stock? M&T Bank (MTB) Could Be a Great Choice
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 M&T Bank (MTB) have what it takes? Let's find out.
M&T Bank (MTB) Rewards CEO With Higher Compensation for 2018
by Zacks Equity Research
M&T Bank's (MTB) decision to raise CEO's pay by 57% reflects the company's improving financial position and keeps investors optimistic about its growth prospects.
Top Ranked Growth Stocks to Buy for March 8th
by Zacks Equity Research
Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, March 8th
Fed Okays Fifth Third (FITB)-MB Financial (MBFI) Merger
by Zacks Equity Research
Fifth Third (FITB) and MB Financial receive the Federal Reserve's approval to complete the merger, under which the former will acquire the latter.
BofA's (BAC) Ratings Upgraded by Moody's, Outlook Stable
by Zacks Equity Research
Moody's Investors Service upgrades ratings of Bank of America (BAC) and its subsidiaries, however, keeps the company's outlook at "stable".
M&T Bank (MTB) Rallies 20% YTD: What's Driving the Stock?
by Zacks Equity Research
M&T Bank (MTB) seems to have plenty upside potential backed by improving operating environment and lower uncertainty in the market.
Wells Fargo Executives Enter Settlement Over Fake Accounts
by Zacks Equity Research
Wells Fargo's (WFC) efforts to reduce expenses and undertake other remedial measures might help it put behind the past wrongdoings.
Citizens Financial (CFG) Closes Bowstring Advisors Buyout
by Zacks Equity Research
Citizens Financial (CFG) closes Bowstring Advisors buyout, to fortify its foothold in the Southeast region, which will also complement the company's current M&A and financial advisory capabilities.
Top Ranked Growth Stocks to Buy for March 4th
by Zacks Equity Research
Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, March 4th
Here's Why Banner Corporation (BANR) Stock is a Solid Bet
by Zacks Equity Research
Banner Corp (BANR) appears to be a promising bet, riding on solid organic growth, earnings strength and long-term growth opportunities.
Citi's Long-Term Ratings Upgraded by Moody's, Outlook Stable
by Zacks Equity Research
Citigroup's (C) ratings have been upgraded on the back of its successful efforts to simplify operations and its prudent risk management capabilities.
Mitsubishi Asked by OCC to Improve Money Laundering Controls
by Zacks Equity Research
Mitsubishi (MUFG) continues to make investments to improve its Office of Foreign Assets Control compliance program, as previously ordered by the U.S. regulator.
Why Eaton Vance (EV) is an Attractive Pick for Investors?
by Zacks Equity Research
Eaton Vance Corporation (EV) appears to be a promising bet, riding on solid organic growth, earnings strength and long-term growth opportunities.
Why M&T Bank (MTB) is a Top Dividend Stock for Your Portfolio
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 M&T Bank (MTB) have what it takes? Let's find out.
Here's Why M&T Bank Stock is an Attractive Investment Option
by Zacks Equity Research
M&T Bank (MTB) appears to be a promising bet backed by strong organic growth, inorganic growth routes and long-term prospects.
Citigroup (C) Aims to Increase Revenues at Brazilian Unit
by Zacks Equity Research
Bankers at Citigroup's (C) Brazilian investment banking division are targeting the largest asset sales and are planning to compete for mandates in the deals.
Navient (NAVI) Rescinds Canyon & Platinum's Takeover Bid Offer
by Zacks Equity Research
Navient Corporation (NAVI) rejects $3.2-billion (2.47 billion pounds) takeover bid offered by hedge fund Canyon Capital Advisors LLC and private-equity firm Platinum Equity Advisors LLC.