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Wells cashes in on mortgage boom
The big bank's fat first quarter is the result of a federally backed mortgage-refinancing surge. Still, some say banks aren't out of the woods yet.By ...
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Wells Fargo: the least bad big bank
Wells Fargo is looking like the best horse in the big-bank glue factory, judging by one measure of its apparent exposure to souring mortgages.That is ...
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Obama lifts drilling moratorium; new deepwater wells to flow
The deepwater drilling moratorium is over. Secretary of the Interior Kenneth Salazar announced today that the ban on leases for new drilling operation...
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Why Wells Fargo hasn't paid U.S. Back
Unlike Bank of America, the big West Coast lender seems to be taking its own sweet time to repay Treasury loans.By Colin BarrThe Wells Fargo stagecoac...
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高盛或因信息披露再次面临监管机构起诉
吸血鬼乌贼的触角可能再遭痛击,甚至更糟。周二,高盛(Goldman Sachs)公告称,美国证券交易委员会(Securities and Exchange Commission,简称SEC)正在考虑对其提起诉讼,指控它在2006年底的一宗次级抵押贷款债券交易中存在不当行为。高盛称,指控将涉及其作为1...
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End of refi boom no worry for big banks
The recent uptick in mortgage rates shouldn't derail profits at JPMorgan Chase, Wells Fargo and BofA due to their stranglehold on the market.By Colin ...
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Big banks' fuzzy math
JPMorgan and Wells Fargo play up an obscure measure of their profitability to show how strong they are - but surging credit losses may hint otherwise....
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水力压裂法会诱发地震吗?
近十年来,拜得克萨斯州沃思堡西北部的巴涅特页岩层(Barnett Shale)掀起的“水力压裂法”热潮所赐,美国更加接近能源独立的目标。但意想不到的是,一场因天然气钻探引发的暴动正在此地的一小片区域蓄势待发。向来支持能源业的得克萨斯州眼下正在应对地震难题。自11月1日以来,阿斯莱周围的农村地区(约1...
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Big banks take your money and run
The titans that survived last year's tumult have gathered deposits by the bushel. But they have shown less of a knack for lending it out.By Colin Barr...
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Warren Buffett: Inflation on the horizon
The Berkshire Hathaway chief says policymakers will have to raise money to pay off costly rescue plans - one way or another.By Colin BarrBerkshire Hat...
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