Information on Banks in the US
(Current Quarter is Online)
This site was last updated on 3/31/2015.
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Western banks axed 59,000 jobs last year, more cuts to come in Europe
Mon, 30 Mar 2015 02:37:42 -0700
Top European and US banks axed 59,000 jobs last year as they restructured and cut costs, with headcount expected to shrink further in Europe as bosses strive to improve profitability that has been hit hard by tougher regulation.
Big banks set to beat S&P for remainder of the year: report
Mon, 30 Mar 2015 23:31:37 -0700
Three big banks are set to outpace the S&P 500 over the remainder of 2015 now that they have those pesky fines out of the way, one investment strategist believes....
Largest 31 US Banks All Pass Fed 'Stress Tests' of Their Strength in Case of Severe Recession
Thu, 05 Mar 2015 13:44:10 -0800
Largest 31 US banks all pass Fed 'stress tests' of their strength in case of severe recession
Largest US Banks All Pass Latest Round of Fed 'Stress Tests'
Thu, 05 Mar 2015 13:44:20 -0800
Fed's 'stress tests' find 31 largest US banks would withstand a severe downturn
Big US banks batten down as tighter regulation looms
Mon, 02 Mar 2015 22:54:01 -0800
Faced with increased regulation beginning in 2017, the major US banks are taking a number of restructuring steps, shedding staff and some speculative businesses, and cutting bonuses. The largest US bank in terms of assets, JPMorgan Chase, plans to save nearly $5 billion by 2017, and is closing 300 bank branches. In 2014, Goldman Sachs's pay fell to the lowest level since the prestigious Wall ...
Four major US banks scrape through Federal Reserve stress tests
Thu, 12 Mar 2015 01:30:17 -0700
Goldman Sachs, Morgan Stanley, JPMorgan Chase and Bank Of America fail to win central bankís unconditional approval Four of the largest US banks just scraped through the annual Federal Reserve financial checkup, underscoring the central bankís ongoing doubts about Wall Streetís resilience more than six years after the financial crisis. Goldman Sachs Group Inc, Morgan Stanley and JPMorgan Chase ...
US banks pass first 'stress test'
Thu, 05 Mar 2015 17:19:50 -0800
All 31 US banks have passed the first hurdle in the Federal Reserve's latest round of annual "stress tests" to see how they would cope in the next economic crisis.
US bank earnings drop 7.3 percent in fourth quarter
Sun, 08 Mar 2015 22:49:32 -0700
US banks' earnings dropped 7.3 percent in the fourth quarter from a year earlier as a few big banks had increased costs to settle legal cases.
Upset By Warren, US Banks Debate Halting Some Campaign Donations
Sun, 29 Mar 2015 08:30:30 -0700
(Reuters) - Big Wall Street banks are so upset with U.S. Democratic Senator Elizabeth Warren's call for them to be broken up that some have discussed withholding campaign donations to Senate Democrats in symbolic protest, sources familiar with the discussions said.
US stocks rally as dollar dips
Thu, 26 Mar 2015 03:32:20 -0700
US stocks ended a two-day losing streak, surging after US banks cleared Federal Reserve stress tests.
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