Cameron's plan (PM raises prospect of 1980s-style sale of RBS, 16 May), losing the taxpayer some £24bn, exposes the government's priorities. He insists on cutting benefits by £18bn and expenditure on public services by another £81bn, with all...
NEW YORK (TheStreet) -- Regional banks are relying on expense cuts to meet earnings estimates, which "makes it difficult to argue for multiple expansion across the sector," according to Oppenheimer analyst Terry McEvoy.
The clear trend for...
A new proposal by Senators Brown and Vitter is an unprecedented attempt to unfairly advantage smaller “regional banks” and disadvantage bigger “megabanks,” the author writes.
NEW YORK (TheStreet) -- Sens. Sherrod Brown (D., Ohio) and David Vitter (R., La.) on Wednesday unveiled their plan to end "Too Big to Fail" bank pitfalls that helped create the 2008 global financial crisis.
Speaking to reporters from the U.S....
Justin Welby warns of prolonged economic crisis days before expected release of gloomy GDP data
The archbishop of Canterbury warned on Monday night that Britain was mired in an economic depression and called for major steps to drag the country...
Regional banks have been frustrating for investors since the financial crisis. They were a sexy pick by many to lead the recovery. Everything looked to be in place; those that had survived should be the fittest, real estate was bound to recover,...
Updated from 9:54 a.m. ET with a downgrade of SunTrust and comment from Credit Suisse analyst Craig Siegenthaler, along with comment on PNC and a price target increase from Deutsche Bank analyst Matt O'Connor.
NEW YORK (TheStreet) -- Heading...
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