Topic: Financial Services Sector
Bank of America Merrill
AP News
FILE - In this Jan. 18, 2010 file photo, a Bank of America branch is shown in Charlotte, N.C. A judge on Monday, Feb. 8, 2010 promised to decide by the end of next week whether to approve a $150 million settlement between the Securities and Exchange Commission and Bank ...
S&P Ratings cuts outlook on Citigroup
AP News
S&P Ratings cuts outlook on Citigroup to negative, affirms bank's ratingsStandard & Poor's Ratings Services on Tuesday cut its outlook on Citigroup Inc. to "negative" from "stable," saying the U.S. government appears increasingly likely to leave bond holders hanging in case of another bailout of ...
Hartford Financial's 4Q profit beats estimates
AP News
Hartford Financial posts 4th-quarter profit, beats estimates, provides 2010 outlookInsurer Hartford Financial Services Group said Monday it was profitable in the fourth quarter as its life and property-casualty businesses both improved. The Hartford, Conn.-based company earned $557 million, or $1.19 per share in the final three months of ...
UBS still losing U.S. wealth management clients, advisers
Reuters US Online Report Business News
NEW YORK (Reuters) - The embattled U.S. wealth management business of Swiss bank UBS AG <UBSN.VX> <UBS.N> continued to bleed client assets in the fourth quarter, hurt by fleeing advisers and negative publicity from a tax-fraud scandal. UBS Wealth Management Americas, mostly the U ...
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