Category

Banks

Stocks

Deutsche Bank Stock Analysis: How We Made 166%

This year has not been kind to Deutsche Bank AG (NYSE: DB) stock. And that's putting it mildly.

Shares are down a punishing 50.60% year to date. Still, we made 166% with our Deutsche Bank stock analysis.

There are more gains ahead...

Wall Street

Why the Latest Big Bank Scandal Is Worse Than Usual

Big banks are routinely penalized for shady activity.

But Wells Fargo's latest scheme is indicative of systemic, incentivized criminal behavior that'll take more than a $190 million fine to fix...

Wall Street

Why This CEO Wants to Cancel Earnings Season Forever

This didn't exactly make the news, but in July, financial chieftains, including Berkshire Hathaway's Warren Buffett, BlackRock's Larry Fink, and JPMorgan Chase's Jamie Dimon, got together to talk corporate governance practices.

A noncontroversial topic, right?

Well… no. According to the Financial Times, Fidelity Investments, the $2.2 trillion asset manager, up and walked out of a Dimon-led effort to codify some best practices for American boardrooms.

So it seems some of finance's heaviest hitters are divided on the subject of good governance.

Nevertheless, the group released nine-page paper, "Commonsense Corporate Governance Principles."

And in it we have a clue as to just what it is that has these titans of finance so divided…

What's more, if these guidelines are widely adopted, investing will change, for everyone from JPMorgan on down to individual investors.

And most likely not at all for the better...

stocks

Five Companies You Had No Clue Filed for Bankruptcy

Here's a look at five companies that filed for Chapter 11 bankruptcy. Each one has a very well-known name, but most people don't know these companies went under, then later recovered.

There's even one major league sports team that almost went belly up...

Wall Street

Big Banks Could Implode Before They're Broken Up

Common sense and self-preservation tell you not to tangle with wounded animals; you're liable to get bitten… or worse.

And when that animal happens to be, say, nearly all of the "Too Big to Fail" banks in the country, everyone can get hurt.

That's exactly what's happening now. As you'll see, it resembles nothing less than a hungry snake eating its own tail, or a financial catch-22.

They benefit from central bank support, but the central banks are dangerously raising their risk profile. They thrive on capitalism, but competition is killing them. They need smart regulation, but they're getting tough regulation instead.

These are all serious problems that, by accident and design, are setting the global economy up for a system shock that will rival the financial crisis of 2008.

Make no mistake, these banks need to be curbed for our good, but that needs to happen in an orderly, systemic fashion.

These banks need breaking up, but it can't happen like this...

Wall Street

The Next Big Bank "System Shock" Is Inevitable – the Proof Is in the Earnings

Big banks' size and structural weaknesses are enough to push markets to the brink, but that's not all. How they're circumnavigating barriers to their profitability could ignite the next financial crisis.

And their Q1 2016 earnings are just more evidence that the next catastrophe is inevitable. Take a look...

earnings

The Penny Arcade Plot to Steal Your Cash

TD Bank's penny arcades have been miscalculating your piggy bank loot.

Not by a little bit, but by a lot.

Here's how the massive error was uncovered...

Wall Street

One Trade to Profit from P2P Lending's Latest Headwind

For several months now, I've been telling you about the dangers of online lending, also known as peer-to-peer (P2P) lending.

Right now, the Supreme Court is giving serious consideration to a case that could undo decades of precedent… and absolutely crush online lenders.

Today, I'm going to tell you why the case could represent a landmark in finance... and more importantly, I'll give you a trade that can deliver profits no matter how the court ultimately rules...

Wall Street

Here's the Size of the Scam the Fed and U.S. Companies Are Pulling on Us

Stocks have been on a tear. After looking weak in February, they've soared close to 13% in a matter of weeks.

So why does it all feel like a magic trick? Why isn't the market rally giving investors any solid feelings? Why is everyone so nervous?

I'll tell you what's going on, who's responsible, and what you need to do now. Let's get started...

The Fed

What Today's Federal Reserve Meeting Means for Investors

At the U.S. Federal Reserve meeting today (Wednesday), Fed Chairwoman Janet Yellen said she expects the pace of rate hikes in 2016 to be "gradual," although that could change with economic conditions.

Many economists predict at least two more 0.25% interest rate hikes this year. That would bring the Fed's target interest rate up from 0.50% to 1%. As of Wednesday's meeting, the Fed left interest rates unchanged at 0.50%.

But by June, the CME Group expects there's a 51% chance of a rate hike...