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Have short sellers been tanking bank stocks? Group wants SEC to investigate

May 5, 2023
Short selling's legal. Misrepresenting a firm's finances for profit isn't.
Short sellers bet against First Republic Bank. The American Bankers Association is urging the Securities and Exchange Commission to see if market manipulation was involved.
Justin Sullivan/Getty Images

Retail broker TD Ameritrade buys Scottrade in $4 billion deal

Oct 24, 2016
Retail broker TD Ameritrade has announced it’s buying competitor Scottrade in a $4 billion deal, hoping to shore up the low-cost stock trading industry as it deals with declining revenue and growth. Online brokerages helped popularize trading for the masses in the 90s, but now they’re under pressure as investors move to more passive investing […]
A view of signage outside of a TD Bank location in the Brooklyn borough of New York City. TD Ameritrade announced on Monday, October 24, 2016, that it would acquire Scottrade Financial Services for $4 billion. 
Drew Angerer/Getty Images

Those brilliant Citigroup execs

Mar 12, 2009
Remember the big day Citigroup's stock had on Tuesday? It climbed 38%, a whopping 40 cents. Well, that 40 cents helped four Citigroup executives...

By the bank sword

Mar 9, 2009
Is it that easy to say "let them fail?" Republican Senators Richard Shelby and John McCain said it yesterday on national TV. But saying it and...