Articles
Selected category: Banks
Louisiana Senator John Neely Kennedy Is Spot-On About Silicon Valley Bank
I don’t agree with Senator Kennedy much. Almost everything that he has said publicly since Trump emerged has been Read →
Jamie Dimon Is Correct – It Is Time to Ban the Short-Selling Of Banks
Jamie Dimon, JP Morgan Chase’s CEO and Tufts alumnus, appearing this morning on Bloomberg from Paris said that the largest regional banks with which he speaks are all in good financial shape. They, however, are exposed ... Read →
Inaccurate Hypotheses Being Circulated About Failures of Silicon Valley Bank and Signature Bank
There has been a lot of inaccurate information circulating in the media about what precipitated the failures at Silicon Valley Bank and Signature Bank, and what happens now.
Let’s try and clear up at least six things... Read →
Silicon Valley Bank Situation is Troubling; Here is What It Means for You and Me
The sudden bank run on Silicon Valley Bank (SVB) that materialized over the course of yesterday is quite troubling. The reality is that banks make bets on interest rates, and when interest rates move suddenly in one direction,... Read →
What is the CFPB and Why are the Republicans Out to Destroy It?
The Consumer Financial Protection Bureau (CFPB) is a regulatory agency of the United States government that is responsible for consumer protection in the financial sector. The CFPB was established under the Dodd-Frank Wall Street Reform ... Read →
Morgan Stanley Shows Its True Colors During COVID-19 Pandemic
I had been a customer of Smith Barney for as long as I can remember, even after it merged into Morgan Stanley in 2011.
Smith Barney was always an outstanding institution to do business with. They understood that the... Read →
TD Ameritrade Acquisition By Charles Schwab Causes Concern for Active Customers
Sophisticated stock traders have gravitated towards TD Ameritrade over the years.
For over a decade, TD Ameritrade has had the best trading platform in the online trading business, and with the Sink or Swim acquisition they als... Read →
Federal Reserve Holds the Fed Funds Rate at 2.25% to 2.50% and Suggests It is Done Raising Until 2020
The Federal Reserve acted unanimously today to hold the Fed Funds target rate at 2.25% to 2.50%. Whereas the Fed had previously guided to two raises in 2019, it now indicates that there will be zero. Fed Chair Jer... Read →
BB&T And SunTrust to Merge, But Why?
BB&T and SunTrust Bank announced their merger this morning. The ... Read →
Avoid Chase’s New "You Invest" Program
JP Morgan Chase has always been a torchbearer in the banking arena. Under Jamie Dimon’s leadership, it has become a pione... Read →
JP Morgan Chase Makes Private Client More Attractive By Turning on Online Brokerages
At BestCashCow, we’ve been big fans of Jamie Dimon and what he has done with Chase over the last decade in the post-cr... Read →
GE May be in A Death Spiral; Your Deposits in Formerly GE-Owned Online Banks Are Safe
General Electric now appears to be in the middle stages of a death spiral. While the stock still has an equity value over $100 billion, the entire company is in the middle of a precipitous decline which seems to move to more ... Read →
Does An Inverted Yield Curve Signal Recession – This Time Could Be Different
When I was in business school, I was taught that an inverted yield curve is an extraordinary precursor of a recession. Indeed, the empirical evidence is there. Of the five recessions since 1980, all have been prec... Read →
Where Have All of the Bank Branches Gone?
A recent Wall Street Journal report indicated that there have been unprecedented closures of bank branches in the 12 months ending June 2017. ... Read →
2018 Safest Banks
Contact us at contact@bestcashcow.com for more information.The editors of BestCashCow today release the site's list of the five safest banks in each of the 50 States in the country. We’ve compiled the list base... Read →