Tuesday, January 10, 2012

Morning roundup: Romney win in November could help banks

Here's a look at what's news in banking and finance this morning:

  • A group of analysts is saying that a Mitt Romney victory over President Obama in November could help big banks' stock prices, Bloomberg reports.
  • The Justice Department is reaching out to smaller national banks to see if they would be interested in joining the $20 billion to $25 billion settlement over robosigning and other mortgage malpractices being finalized with the five largest servicers, Reuters says.
  • Big banks are now banding together to find ways to protect themselves from cyber attacks, the Wall Street Journal reports.
  • While investment banking bonuses are expected to be the lowest since 2008, the pay-to-revenue ratio might still tick higher, the New York Times says.


Anonymous said...

Banks and everybody else too.

Anonymous said...

Enough already! Vote Ron Paul