Citigroup Profit Misses Estimates on Year-End Trading Drop
Weakness in fixed income worse than CEO Michael Corbat's recent predictions.
For Big Banks, It’s a Case of Bill Gross vs. Gundlach, KBW, et al
In the case of Too Big to Fail vs. Market Expectations, it looks like negative market expectations are winning out against the big U.S. banks.
Banks Set for Better Year?
The KBW Bank Index fell 25% in 2011, while the KBW Regional Banking Index lost 7%.
Volcker Fallout? Morgan Stanley, Goldman Might Exit Bank Business
Susquehanna Financial Group analyst David Hilder says Goldman Sachs and Morgan Stanley may consider dropping their status as bank holding companies to avoid increased costs related to the 'Volcker rule,' the latest fallout from the proprietary trading proposal released earlier this week.