Category: Banking Stocks
The analysis published under this category are as follows.
Tuesday, September 08, 2015
Dangerous is The Best Way to Explain The Banking Stocks Index Now ... / Companies / Banking Stocks
By: Hubert_Moolman
The ($BKX) Banking Index did hold at its rising channel's support line last week. However there is concern for later because the support line was breached for two days before the Banking Index found its way back into the range.
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Friday, July 31, 2015
Banking Stocks You Need to Consider Now / Companies / Banking Stocks
By: Submissions
Larissa James writes:As the Chinese stock market continues to crash, things on the home front are doing just fine. While we’ve seen industry averages drop slightly over the past few months, we still remain on a positive upward trajectory over the past five years. If you haven’t yet regained confidence after the 2008-2009 crisis, now is the time to get back in the game. And if you’re looking for a place to start, the following banking stocks should be top on your list:
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Wednesday, June 24, 2015
It’s the World’s Most Powerful Investment Bank… and Now It’s Going to Work for You / Companies / Banking Stocks
By: ...
MoneyMorning.com 
Shah Gilani writes: It’s true. Starting sometime next year, Goldman Sachs Group Inc. (NYSE: GS) – the poster child Wall Street investment bank of the 1% of the 1% of the superrich – is going to lend money to the remaining 99% of consumer borrowers.
Don’t bother getting all suited up with hat in hand for a visit to a local branch of Goldman Sachs Bank USA (with its $73 billion in deposits) – there won’t be one.
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Thursday, May 21, 2015
Banking Stocks Break Out with Higher Bond Yields / Companies / Banking Stocks
By: Gary_Tanashian
It is too early to call it a confirmed breakout, but the Bank index has popped above cyclical bull market highs. Weekly MACD and RSI both look good.
Sunday, March 22, 2015
Bank Stress Tests Prove the Worst History Repeats Itself / Companies / Banking Stocks
By: Money_Morning
Shah Gilani writes: Last Wednesday, only two out of 31 big banks failed the Federal Reserve's "qualitative" round of bank stress tests.
One was Deutsche Bank AG (USA) (NYSE: DB), and the other was Santander Holdings USA Inc. (NYSE: SOV-C).
And then on Thursday, Santander's biggest U.S. unit, Santander Consumer USA, was able to sell a bundle of subprime auto loans, worth $712 million, in a matter of hours.
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Tuesday, March 17, 2015
Banks Stress Tests When the Worst Loans Are the Best Deals / Companies / Banking Stocks
By: Money_Morning
Shah Gilani writes: Last Wednesday, only 2 out of 31 big banks failed the Federal Reserve‘s “qualitative” round of stress tests.
One was Deutsche Bank USA, and the other was Santander Holdings USA Inc.
And then on Thursday, Santander’s biggest U.S. unit, Santander Consumer USA, was able to sell a bundle of subprime auto loans, worth $712 million, in a matter of hours.
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Tuesday, March 10, 2015
Bank Stress Test Kabuki Theater Begins Again / Companies / Banking Stocks
By: Money_Morning
Shah Gilani writes: It’s that time of year again. Not for spring cleaning – but for bank stress tests.
Too bad stress tests are nothing more than a sweeping-dirt-under-the-rug exercise, despite the rug-beater supposedly hanging them on the line.
The whole show, which first started in April 2009, is just a public performance.
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Wednesday, February 25, 2015
How to Borrow Cheaply from a Government-Owned Bank / Politics / Banking Stocks
By: Money_Morning
Shah Gilani writes: The free market for banking services in the United States isn't a free market at all.
The truth is the biggest commercial banks in America operate with virtual impunity as a government-subsidized, government-protected oligopoly.
So, why don't we drop the pretense that government-owned banks don't belong in a free market economy and create a network of honest state-owned banks to compete with so-called private banks?
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Thursday, January 22, 2015
166 Trillion Reasons Why Bank Stocks Are So Cheap / Companies / Banking Stocks
By: Money_Morning
Michael E. Lewitt writes: My continuing search for sectors of the stock market that are trading cheaply and offer the potential for gain has led me to a controversial slice of the market: bank stocks.
Looking at the "Big Four" in the U.S. banking sector, it's easy to conclude that the sector is undervalued…
But that conclusion may be a bit misleading.
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Monday, January 12, 2015
JPMorgan Is the Latest Target on Goldman Sachs’ “Hit List” / Companies / Banking Stocks
By: Money_Morning
Shah Gilani writes: This may be old news, but as far as history goes, a lot of us forget it.
And you know what happens then – we’re doomed to repeat it.
What I like about people forgetting history are the trading and investing opportunities that pop up when I can see the past coming back to haunt us before others do.
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Sunday, November 23, 2014
This Publicly-Owned Bank Is Outperforming Wall Street / Companies / Banking Stocks
By: Ellen_Brown
The Wall Street Journal reports on the impressive record of the Bank of North Dakota
While 49 state treasuries were submerged in red ink after the 2008 financial crash, one state’s bank outperformed all others and actually launched an economy-shifting new industry. So reports the Wall Street Journal this week, discussing the Bank of North Dakota (BND) and its striking success in the midst of a national financial collapse led by the major banks. Chester Dawson begins his November 16th article:
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Tuesday, November 18, 2014
Why Sleazy Auto Lenders Are the Nation’s Most Reckless Drivers / Companies / Banking Stocks
By: Money_Morning
Shah Gilani writes: There’s a lot of action over in the subprime auto sector, and it’s not pretty
The saying is “Where there’s smoke, there’s fire.” So, it’s probably just a matter of time before the mainstream media and the general public catch on and see the flames being vigorously fanned by greedy lenders.
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Wednesday, October 29, 2014
Bank of America's Mortgage Headaches / Companies / Banking Stocks
By: Bloomberg
Bank of America Chairman Brian Moynihan spoke with Bloomberg Television anchor Erik Schatzker today, where he said that legal costs stemming from defective mortgages are largely behind it. Moynihan said, "If you look at the different components of liability and the amount of settlements, whether it's the RMBS cases, yes, it's behind us...Embedded in that is often the question, OK, that's over, now you can go concentrate on running the company. The answer is, we were running the company" all along.
Monday, October 27, 2014
Europe Redefines Bank Stress Tests / Stock-Markets / Banking Stocks
By: Raul_I_Meijer
The EU and ECB claim they conducts their stress tests and Asset Quality Reviews to restore confidence in the banking sector. That is easier said than done. The problem with the confidence boosting game is that if the tests are perceived as not strong enough, nobody knows which banks to trust anymore. And, on the other hand, if the tests are sufficiently stringent, there’s a genuine risk not many banks are found healthy.
There’s the additional issue of quite a large group of banks having been declared ‘systemic’ by their mother nations, which is of course equal to Too Big To Fail, and, in layman’s terms, ‘untouchable’.
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Thursday, September 18, 2014
Is Citigroup the Dumbest Bank Ever? / Companies / Banking Stocks
By: John_Rubino
Back in 2006, when the housing bubble was entering its truly (and obviously) manic phase, mega-bank Citigroup was being pressured by Wall Street to grow faster. And rather than pushing back against what were clearly ill-timed demands from desperately-short-sighted analysts, Citigroup CEO Chuck Prince uttered some words — and adopted a strategy — that live on in the annals of banker cluelessness:
Friday, August 01, 2014
Big Banks Shift to Lower Gear Banking Operations / Companies / Banking Stocks
By: John_Mauldin
For today’s Outside the Box, good friend Gary Shilling has sent along a very interesting analysis of the big banks. Gary knows a lot about what went down with the big banks during and after the Great Recession, and he tells the story well.
After the bailout of banks during the financial crisis, many wanted too-big-to-fail institutions to be broken up. Big banks resisted and pointed to their rebuilt capital, but regulators are responding with restraints that strip them of proprietary trading and other lucrative activities and push them towards spread lending and other traditional commercial banking businesses. The fiasco at Citigroup, JP Morgan's London Whale, and BNP Paribas's sanctions violations have spurred regulators as well.
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Monday, March 31, 2014
Are Bank Stocks Sending an SOS Signal? / Stock-Markets / Banking Stocks
By: EWI
If you turn on CNBC first thing in the morning, you hear a lot about market indicators. Consumer behavior, GDP numbers, the Fed, interviews with CEOs -- it's all in the mix.
Instead, Steve Hochberg of Elliott Wave International looks at important indicators that mainstream finance often overlooks.
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Wednesday, January 22, 2014
Why it is Important for Bankers to Attend Davos / Stock-Markets / Banking Stocks
By: Bloomberg
Bank of America President/CEO, Brian Moynihan joined Bloomberg Television's Erik Schatzker and Stephanie Ruhle today live from Davos and said trading operations were profitable almost every day last quarter as the lender helped clients adjust to the prospect of higher interest rates, "I think we made money on every trading day except for two or three. Quarter after quarter, that's been trust. It's because it's a client business." Moynihan also said:
Wednesday, January 15, 2014
We’re Riding These Bottlenecks to the Bank / Companies / Banking Stocks
By: Money_Morning
Dr. Kent Moors writes: Amy Harder asked a pretty straight forward question in National Journal yesterday.
We’ve found vast new stores of domestic energy, she points out, but how do we move it around the country?
In light of the recent crude oil train accident in North Dakota, she brings up a pretty big point. The entire infrastructure network of pipelines, rail transit, barge traffic, and high-power lines hardly seems up to the task.
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Thursday, October 24, 2013
Goldman Sachs Feels Bad about What JP Morgan is Going Through / Companies / Banking Stocks
By: Bloomberg
Goldman Sachs president and COO Gary Cohn told Bloomberg TV's Stephanie Ruhle on "Market Makers" today that he doesn't know what drove the firm's underperformance in fixed-income trading in the third quarter: "We don't know precisely why we had a tough quarter, but the results are in, and I can tell you we had a tough quarter in fixed-income...We're very committed, we're going to redouble or triple our efforts in fixed-income. We believe ourselves to be a very powerful, very dominant, top-tier fixed-income shop."