American International Group Inc. (NYSE: AIG) may have yet one more rabbit to pull out of the hat that could pay back the American taxpayers who funded its bailout during the financial meltdown. CNBC…
The Carlyle Group L.P. is still planning to come public via an initial public offering. The move will make one more private equity group public. If you have tracked the trends of small floats…
The Securities and Exchange Commission is highlighting something which may be a concern for the popular mutual fund themes called Target Date Retirement Funds. For the billions and billions of dollars which have been…
Europe is no Disneyland at the moment. Still, some data is showing contraction while other data shows that the overall healthier economies may be escaping the worst fears of late 2011 and earlier this…
When the Spanish government revealed its latest budget last month, the general assumption was that Spain was pointed down the right track to revive the country’s economy. After all, €27.3 billion in cuts and…
Wells Fargo & Company (NYSE: WFC) has now launched its Abbot Downing financial services that aims to serve the ultra-high net worth sector of wealthy Americans. The move will instantly look similar to efforts…
Sandra Pianalto, president of the Federal Reserve Bank of Cleveland, said today that it is her belief that the Fed’s “accommodative monetary policy has put the economy on a path, albeit gradual, that will…
If you were not sure about the IPO market being hot, you better take note. PWC has issued its first quarter review and the market is hot. Last week had about ten offerings in the…
In an appearance on CNBC this morning, Richmond Federal Reserve Bank President Jeffrey Lacker touched on a wide range of issues and projected a much rosier picture of the US economy during the next…
US credit card giants Visa Inc. (NYSE: V) and Mastercard Inc. (NYSE: MA) have reported possible security breaches to law enforcement officials and card-issuing banks. A report on the KrebsonSecurity blog cites sources as…
Reval Holdings, Inc. has filed its paperwork with the Securities and Exchange Commission to allow it to conduct an initial public offering. No terms were set as far as shares outstanding, nor was any…
Ben Bernanke gave the last of his four lectures at George Washington University. He pointed out that US GDP has risen by about 3% a year over the last one hundred. He predicted growth…
GS.COMAs it meets in India, the board of Goldman Sachs (NYSE: GS) is apparently still considering whether the roles of chairman and CEO at the investment bank should be split. If they are, embattled…
More CEOs now expect higher sales, more capital spending, and more hiring over the next six months than they did just last quarter, according to the latest data from Business Roundtable. Among the 128…
Customers Bancorp, Inc. is the latest IPO filing with the Securities and Exchange Commission. The terms are not set other than that the offering will be for up to $115 million in common stock. …