Investors should look to buy into banks that don’t need to raise further capital, but avoid those that do, Clem Chambers, CEO of ADVFN, told CNBC Friday... Read More
Amid all the steps the government has taken to shore up the banking system, a recent proposal by the Obama administration to require lenders to retain a stake in securitized loans is a "tremendous game-changer," says real estate mogul Richard LeFrak.... Read More
Citigroup cut Bank of America's share-price target to $18 from $20 Thursday, predicting a loss in the second quarter and a big writedown on Merrill Lynch debt.... Read More