Financial Review

Radian Group shares are higher after the credit enhance firm said its delinquent loan inventory dropped to 114,193 in May from 115,020 in April. It noted a relative improvement in the impact on reserve development and loss provisi

Financial shares are down in mid-day trading while Radian Group (NYSE:RDN) shares surge after the firm reported a drop in delinquent loan inventory.

Financial shares are higher in mid-day trading while three of the sector's largest names find themselves the target of criticism over compliance with a homeowner relief program. In sector news, Citigroup Inc. (NYSE:C) is showing l

Financial shares are mixed in mid-day trading as US Bancorp (NYSE:USB) and Bank of America (NYSE:BAC) are among the sector leaders through the first half of the regular session. In mid-day financial sector news, Citigroup Inc. (NY

Financial shares are down in late-session trading while JPMorgan Chase (JPM) extends early-session losses to trade down over 2%. In late-session financial sector news, shares of Solar Senior Capital (SUNS) are down even as its boa

The two companies are down after Bloomberg reports that both have purchased more U.S. Treasury mortgage bonds than any other institution since the government began sales of the debt in March.

In May, sales in the program totaled $10 billion, the report said.

Meanwhile, a U.S.

Financial shares are down in mid-day trading while JPMorgan Chase (JPM) and Credit Suisse (CS) are big purchasers of mortgage bonds from the US Treasury, a report says.

Financial shares are higher in mid-day trading on earnings news from several sector names. Shares of MetLife (MET) are higher after Bloomberg reported that the US life insurer was subpoenaed by regulators in California who are rev

Bank of America (BAC) shares are lower by 0.47% in pre-market today, on top of news that Hong Kong-based NewQuest Capital Partners has bought out the company's Asian private-equity assets (Dow Jones Newswires).

Financial shares are generally mixed to slightly down in today's pre-market session as Citigroup (C) released its Q1 report, with sales down to $19.7 billion, lower than estimates of $20.5 billion. It also reported earning a dime

Financial shares are lower in mid-day trading, while Citigroup (C) is also pointing to the downside, despite plans to change the way it clears customer checks. In an internal memo, the bank said it will process checks starting wit

Financial shares are higher in mid-day trading, and Bank of America (BAC) is hit by a downgrade, sending shares lower through the first half of the day. In mid-day financial news, shares of Bank of America (BAC) are down after bei

Financial shares are lower while Bank of America (BAC) is down on reports that regulators rejected the bank's plans to raise its dividend. The bank said it still hopes to raise its shareholder payout in the second half of the year