It’s here… Earnings season starts today, and things aren’t off to a good start. The S&P 500 and other indices were trading lower ahead of...
The market would have you believe everything is fine with the banking sector. JP Morgan (JPM), the largest bank in America is up 14% this year,...
History shows the process of deregulating banks is likely to run off...
Donald Trump campaigned on taking the axe to what he sees as the main impediments of America's growth prospects.
During the campaign, two...
Financials pulled a world-class fakeout last week, and that's important for what's coming next.
You see, on Thursday, markets looked like...
The U.S. Department of Justice announced it's seeking a record $14 billion penalty against Deutsche Bank in relation to mortgage securities fraud...
They say even a busted clock is right twice a day: The International Monetary Fund recently called Deutsche Bank AG the "world's riskiest...
One current and three former members of the American branch of The Committee to Destroy the World - otherwise known as the Federal Reserve - met...
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 bear market deepened last week as investors sold everything that wasn't tied down that had the faintest tinge of risk associated with it -...
Just because central bankers want to lead investors over the cliff like they did in 2008 doesn't mean that people should follow...
Wall Street criminals just won't stop misbehaving. The latest crime was exposed Wednesday. Five of the biggest names in global finance...
On Wednesday, five of the world's biggest banks pled guilty to manipulating foreign currency rates for their own benefits. They will now pay a...
The cost of criminality is built into the balance sheets of global financial institutions and accordingly priced into their stocks. Five of the...
The rebound in Q1 Fixed Income, Currency and Commodity (FICC) revenues at big broker-dealers like JP Morgan, Morgan Stanley and Goldman Sachs...
Last week, the European Central Bank's turn finally came to announce large scale quantitative easing.
As the continent...
Here's something you probably don't know, and it will really tick you off.
You probably do know the biggest banks in the world...
While the big banks may have the attention of the Street right now, it's the smaller regional and community banks that are among the best
Three cheers for Elizabeth Warren!
Yesterday she launched a wire-guided Scud missile at the too-big-to-fail banks.
The freshman...
You want to know why the entire global financial system almost collapsed in 2008?
There seems to be a simple answer. Not encouraging,...
