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Citigroup (NYSE: C) Awarded Latin America Fund Administrator of the Year

Posted by Alex on Apr 30th, 2012

Citigroup (NYSE: C), the beleaguered New York based banking behemoth may see it’s stock price suffering, but has achieved acclaim in foreign markets recently, most specifically, Latin America. Custody Risk has named Citi Fund Administrator... More of this article »

Goldman Sachs (NYSE: GS) Bets on Housing Rebound

Posted by Alex on Mar 29th, 2012

Goldman Sachs Group (NYSE: GS), the firm that famously survived the subprime mortgage crisis by essentially shorting the housing market has now reversed course. The firm is now raising money for a new fund that will buy home-loan bonds,... More of this article »

JP Morgan Chase (NYSE: JPM) Reviving Commercial Mortgage Backed Securities for Rialto Capital Loans

Posted by Alex on Mar 29th, 2012

Mortgage-backed securities quickly fell out of favor over the past 4 years, though with sufficient yield, a market for them may still exist. This is the hypothesis JP Morgan Chase (NYSE: JPM) must be making, reviving the sales of commercial... More of this article »

Bank of America (NYSE: BAC) Downgraded

Posted by Alex on Mar 29th, 2012

Amidst a continued tumultuous environment for Bank of America (NYSE: BAC), speculation of rating cuts and continued loan losses have plagued the firm, sagged the earnings and weighed down it’s stock price. Research analyst David... More of this article »