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BusinessWeek
July 19, 2004
Christopher Palmeri |
Lenders Switch On Their Back-Up Systems After one of the nation's largest mortgage lenders announced earnings 17% below expectations, investors wondered if the nation's three-year-long mortgage bonanza might end not with a soft landing but with an earnings-pummeling thud.   |
BusinessWeek
July 19, 2004 |
Russia's Nervous Bank Depositors Fears are growing that Russia is on the verge of a full-scale banking crisis, after Guta Bank, Russia's 22nd-largest bank in terms of assets, closed its doors on July 6 following a run on deposits. |
The Motley Fool
July 12, 2004
Phil Wohl |
SunTrust Shines on Surface Eighth-largest U.S. bank sets the tone for other financial institutions. The bank reported second-quarter earnings of $1.29 per share today, which was $0.03 ahead of analysts' expectations and widely beat last year's $1.17 number. |
The Motley Fool
July 12, 2004
Nathan Slaughter |
Bank of America to Play Ball It becomes the official bank of Major League Baseball and will pitch to other leagues, too. |
The Motley Fool
July 12, 2004
Tom Taulli |
Mortgaging Someone Else's Future Cendant's CEO Henry Silverman has a knack for timing industry trends. Now, he wants to back out of the mortgage business. |
Registered Rep.
July 1, 2004
David A. Gaffen |
The Great Compliance Witch Hunt! Many clean brokers jump firms, only to discover their old broker/dealer besmirched their U4s. In a business where client realtionships are at stake, things can get ugly very quickly. |
Registered Rep.
July 1, 2004
Will Leitch |
The End of the World as We Know It? Is the traditional model for securities houses --- investment banking, research, asset management, retail brokerage all coexisting under one roof --- more trouble than it's worth? |
Registered Rep.
July 1, 2004
Will Leitch |
The Quick and the Dead Bank of America, which inherited Quick as part of its acquisition of FleetBoston in October 2003, announced it is folding the discount brokerage into its Banc of America Securities unit. |
Registered Rep.
July 1, 2004 |
Independent Thinker An interview with New York-based National Financial Partners chairman and CEO Jessica Bibliowicz about her firm's success so far, the inherent dangers in the current regulatory environment and the advantages of being debt-free. |
Registered Rep.
July 1, 2004
David A. Gaffen |
More Rich People to Serve According to the annual World Wealth Report, prepared by Merrill Lynch and Capgemini, the number of high-net-worth investors worldwide rose to 7.7 million, a 7.5 percent increase, or a net 500,000 people. |
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