Wells Fargo CEO: We’re Pushing 30% of Profits to Our Dividend
Wells Fargo (NYSE:WFC) CEO John Stumpf said Thursday that the bank is anxious to return capital to shareholders and plans to devote 30 percent of its earnings toward a dividend and initiate share...
View Article3 Top Bank Stocks Moving Markets After Reporting Earnings
Goldman-Sachs (NYSE:GS): The home of the vampire squid reported its second quarter earnings today, and the street did not take kindly to the company’s latest financial news. Net income for Goldman...
View ArticleTaxpayer Bailout Blues: Goldman Sachs CEO World’s Highest Paid Banker
With the due date here for annual IRS filings, American taxpayers were given an insult to add to their injury. Lloyd Blankfein, chief executive of Goldman Sachs (NYSE:GS), has become the world’s...
View ArticleAre the Biggest Banks Ready to Spark Home Loan Strength?
After the recession disrupted every facet of the U.S. economy, analysts have waited for the return of positive indicators. According to one train of thought, real growth will appear on the horizon when...
View Article4 Financial Stock Stories For Midweek Investment Tidings
JPMorgan Chase & Co. (NYSE:JPM): Current price $49.77 The Wall Street bank confirmed that its top banker for Saudi Arabia, Abdulaziz Al-Helaissi, is exiting to assume a position with that country’s...
View ArticleSurprise! Bank CEO Pay Back, Bigger Than Ever
Pictured: Goldman Sachs (NYSE:GS) CEO Lloyd Blankfein made $26 million last year NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat...
View ArticleHow Much of a Pay Raise Did the Financial Industry Get This Year?
Wall Street pay is on the rise in 2013, both for traders and brokers as well as executives. Executive search firm Options Group released a report today which found that despite recent market...
View ArticleDespite Tough Earnings Climate, Wells Fargo Tops JPMorgan
“I think banks will be relatively optimistic on 2014,” Bernstein analyst Brad Hintz told MarketWatch ahead Tuesday’s earnings report release from JPMorgan Chase (NYSE:JPM) and Wells Fargo (NYSE:WFC),...
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