Topic: Financial Services Sector

Bank of America Merrill

Bank of America Merrill
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 ...
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S&P Ratings cuts outlook on Citigroup

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 ...
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Hartford Financial's 4Q profit beats estimates

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 ...
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UBS still losing U.S. wealth management clients, advisers

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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