SEC Investigates Bank of America for Doing Nothing
If you make it too obvious that your transaction is about getting around rules, that's the sort of thing that the SEC doesn't like.
Bill Gross: German Bunds Are the ‘Short of a Lifetime’
Janus' Bill Gross laid out his case for the move as critics said widespread short selling of 10-year bunds would lead to "financial Armageddon."
Gundlach Says Market Hasn’t Seen Full Impact of Fed Moves
The bond manager compares rating the Fed's moves at this point to jumping out of a 20-story building and falling 18 stories.
Citigroup Beats Estimates as Cost Cuts Cushion Trading Slump
The bank still faces several investigations, which may negatively impact upcoming financial results.
Goldman Profit at 5-Year High as Every Business Tops Estimates
The investment bank turns things around after last quarter's decline in net income.
Renewable Energy Booms, Coal Energy Falters
In 2015, the US could set new national records for annual renewable build, coal retirements, and gas burn from the power sector.
Gates, Pritzkers Take on Musk in $5 Billion Race for New Battery
Gates is backing MIT’s Donald Sadoway, who says he’s perfected the chemistry for a 10-ton liquid metal battery.
JPMorgan Profit Rises 12% on Gains From Stock, Bond Trading
The bank boosts earnings on asset management 11% to $502 million, as total assets for the unit hit $1.8 trillion.
Forward’s Dividend Team Still Finding Emerging Market Opportunities
Yes, EM has underperformed, but David Ruff and team continue to find companies that meet their quantitative and qualitative screens.
Algorithms Will Make JPMorgan Less Bad
JPMorgan is using algorithms "to identify rogue employees" to minimize costs and maximize ROE (and bonuses). That happens to coincide with regulatory goals.