banking

A new survey of bankers and Fintech executives highlighted the impact that Fintech is having on the banking world. Nearly three out of every four bankers foresee some form of major disruption from Fintech. Fintech executives expect the deposits and small business loan segments to be most impacted...

Avid followers and traders of financial services stocks know the story all too well at this point. The Federal Reserve declined to raise interest rates following its September meeting. Financial services stocks and exchange-traded funds languished in the wake of that decision. Regional Banks And...

The banking sectors, especially big banks like JPMorgan Chase & Co. (NYSE: JPM), Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc (NYSE: GS), seem to be on a roll right now with shares trading at highs not seen since the start of the financial crisis. Eric Wasserstromm, Guggenheim...

With a major regional bank fund hitting a 52-week high earlier this week, Piper Jaffray rolled out new coverage on nine of the institutions on Friday. All but one of the banks were rated Overweight in individual reports from Piper's Matthew Clark and Brett Rabatin. The Banking Industry As an aside...

Have you read the book There's Always Something to Do by Christopher Russo-Gill? If not, it should move right to the top of your summer reading list. It is the accumulated reflections of Peter Cundill. A Canadian value investor, Cundill used the Graham Deep Value Approach to...

First, Sr. Pago brought mobile point of sale (mPOS) to Mexico. Now, with the help of MasterCard (NYSE: MA), it plans to bring banking to the ‘unbanked.’ The Sr. Pago Card System, consisting of a smartphone-based chip credit card reader and reloadable MasterCard debit...

Would you deposit your check directly into the App Store? Some iPhone-obsessed consumers might be willing to do that every once in a while, but most would still prefer to access their money through more traditional methods (such as an ATM). Apple (NASDAQ: AAPL) is unlikely to provide that...

JPMorgan Chase (NYSE: JPM) will report its first quarter results on Friday, April 11, before market open. The company is expected to earn $1.41 per share on $24.55 billion. The last time JPMorgan reported its earnings was on January 14 when its earnings per share of $1.30 fell short of the...

The growing U.S. cannabis industry cleared a major legal and commercial hurdle on Friday – when the federal government issued guidance to financial institutions on how to deal with marijuana businesses. The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN), in coordination with the...

Another indication that while the overall economy may be recovering, the American workforce is still finding it difficult to stay fully employed. Data released Wednesday by the outplacement consulting firm Challenger, Gray & Christmas reports the nation's employers announced plans to cut 45...

In the land of the low yield investment, such as the present, the high income asset is king.  That has accounted for much of the rise in dividend-paying stocks, as investors seek higher income streams. The average dividend for a member of the Standard & Poor's 500 Index is now around 1.9...