Tag:
Litigation Costs
Latest Headlines
Latest Headlines
JPMorgan results portend big earnings burst?
The conventional wisdom was that lingering tough times, especially in the trading environment, would result in a new wave of layoffs in early 2011. The Barclays news seemed to confirm as much. But
Bank of America and fat tail risk
The big banks that reported earnings so far have beat expectations, and that has lifted the stocks of Citigroup (NYSE: C ) and Goldman Sachs (NYSE: GS ). But not Bank of America (NYSE: BAC ). And why is
JPMorgan Chase earnings reveal higher litigation costs
We noted recently that banks are boosting expenses, in search of revenue. In the first half of the year, operating expenses at the six biggest U.S. financial firms--Bank of America, JPMorgan Chase,
