Bank of America's shares have almost doubled in value since December 20th, but is this a major recovery or just an overreaction to a dearth of bad news?
Hong Kong stabilized after last week's declines but most investors stayed on the sidelines because of concern over Chinese economic weakness and unimpressive corporate results.
A brief history on the origins of the notorious Ponzi scheme, one of the most infamous and most recreated scam operations defrauding investors of their money.
Six of the world's largest central banks took collective action today to make dollars available at cheaper rates in an effort to shore up the European debt crisis.
Chinese and Hong Kong blue chips consolidated at the 19,000 level after Thursday's whopping gain, and turnover fell. Renewed optimism for a solution in Europe is driving bulls.
A resolution to the euro crisis has yet to be reached and the I.M.F. and Germany both seem to be denying massive financial involvement in potential bailouts. What companies have the highest exposure to a collapse?
The performance of bank stocks in 2011 forced investors to redefine what is means for them to truly be on sale. Some are bullish based on the low prices but with similar headwinds, banks could continue to suffer.
After years of questioning surrounding the future of the dollar, investors seem more bullish than they have been in quite a while. Weakness of other currencies have caused the USD to enter into extreme long territory.
Without Europe's sovereign debt and banking woes this market would fly. Economic reports dispute argumant for recession. Traders' opportunity on weakness today.
As the yields on Spanish and French bonds reach Euro-era highs, American banks were revealed yesterday to have significant amounts of exposure to European debt.
The Libor scandal that has recently come out is certain to affect the finance industry for many years to come. Repercussions from fixing an industry standard rate go far beyond the initial top-level transactions that Barclay's and other leading financial institutions created. Everything from the derivative transactions to residential mortgages has been tied to the Libor, bringing into question the true size of the legal tsunami that is forming.
Worry over the struggling Euro Zone economy and rising oil prices dragged Hong Kong down despite a modest gain on Mainland markets. Newly listed stocks performed poorly.
An auction of German 10-year Treasury Bonds failed to sell nearly 40 percent of available notes, prompting fears that Germany's typically stable status could be in jeopardy.
An auction of German 10-year Treasury Bonds failed to sell nearly 40 percent of available notes, prompting fears that Germany's typically stable status could be in jeopardy.
The Federal Reserve notified banks that they need to submit proposals for a new round of stress tests, including extra scrutiny for institutions with large trading operations.