banks

Shares of Goldman Sachs Group Inc (NYSE: GS) have lost nearly 10 percent since the start of 2017, and after the company's earnings report, analysts at UBS think there are "better opportunities" elsewhere. UBS's Brennan Hawken downgrades Goldman Sachs' stock rating from Buy to Neutral with a price...

Some of Wall Street's biggest banks on Tuesday reported their respective earnings, but Bank of America Corp (NYSE: BAC) may have emerged the winner, Jim Cramer explained. Shares of Goldman Sachs Group Inc (NYSE: GS) were trading lower by nearly 2 percent Tuesday afternoon. Part of the bank'...

Following in the steps of their big bank counterparts last week, several large financial companies on Tuesday reported their earnings reports. Bank of America Shares of Bank of America Corp (NYSE: BAC) were trading lower by around 0.3 percent early Tuesday morning. Bank of America earned...

Financial stocks are in the midst of a rollercoaster 2017. After a strong start to the year, many bank stocks lost momentum in late March, only to regain momentum in June and July. Heading into Friday's trading session, the financial sector exchange-traded fund, Financial Select Sector SPDR...

Warren Buffett is having a pretty good week. How good? $12 billion good. Warren Buffett's investment firm Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) will not only collect a $12 billion profit in an investment made in Bank of America Corp (NYSE: BAC) six years ago but will also become the...

Every U.S.-based bank received a non-objection from the Federal Reserve in terms of capital plans as part of the 2017 Comprehensive Capital Analysis and Review (CCAR), or stress test, Bank of America's Erika Najarian noted in a report. Bank stocks have historically performed well post-CCAR but...

Analysts at UBS held a bearish view on Citigroup Inc (NYSE: C)'s stock based on the bank having less leverage to "potential positives" in the U.S. such as lower tax rates, faster growth and higher interest rates — while also having greater exposure to "downside scenarios." However, UBS's Saul...

Goldman Sachs Group Inc (NYSE: GS)'s surprisingly poor earnings report this week and the stock's subsequent selloff prompted analysts at Citi to upgrade the bank. Citi's Keith Horowitz upgraded shares of Goldman Sachs from Sell to Neutral with an unchanged $225 price target. According...

Major Wall Street banks have wrapped up their quarterly earnings release. Here is a look at how some of the world's largest financial institutions performed in the first quarter and their stock's performance since the start of 2017 and over the past year. JPMorgan (April 13) JPMorgan...

Morgan Stanley (NYSE: MS) was the latest major bank to report its earnings on Wednesday. Shares of Morgan Stanley were trading higher by more than 2 percent early Wednesday morning after the company reported its first quarter results. Morgan Stanley said it earned $1.00 per share in the quarter on...