FierceFinance is the financial services daily monitor, with news covering the banking industry, asset management, capital markets and SEC regulations. Join
45,000+ bankers and fund managers who get FierceFinance via email for a quick daily briefing from an insider perspective. Sign up today!
According to Meredith Whitney, analysts at Oppenheimer, Bank of America, JPMorgan Chase and Citigroup collectively represent more than half of all credit card lines outstanding, and they are under... Read more...
A poster on Seeking Alpha takes analysts to task for what he considers really awful performances as of late. There's a been a lot of talk about how inaccurate analysts have been in their forecasts.... Read more...
We suggested earlier that some analysts might use the historic TARP to push clients back into the murky world of financial stocks. But so far, it seems that analysts are still wary, and not without... Read more...
Some would argue that you'd be a fool to buy bank stocks these days, but then again Meredith Whitney is no fool and she recommends the preferred shares of JPMorgan Chase, Bank of America and Wells... Read more...
The powerful analyst at Oppenheimer, who is hardly shy about voicing her criticisms of such bank as Citigroup and Lehman Brothers, may have a new target. In Fortune interview, she says, "The Paulson... Read more...
It's clear that something is up with Goldman Sachs. The company seems to be talking analysts down a bit, which has resulted in a lot of paring of third-quarter estimates... Read more...
Superstar Oppenheimer analyst Meredith Whitney has trained her sights on Merrill Lynch. She now expects Merrill Lynch to take total write-downs of $5.8 billion for... Read more...
Financial News Online reports that investment banks will soon start reporting Tier 1 capital ratios, something they have not done previously. (Commercial banks have been doing this for years.) That... Read more...
In times such as these, an analyst really can make a name for herself. Oppenheimer's Meredith Whitney rocketed to fame based in part on prescient prediction that Read more...
Meredith Whitney, of Oppenheimer, is telling clients that broker-dealers' second-quarter earnings are under pressure, reports MarketWatch. One new twist comes from the credit defaults swap market.... Read more...