Banking, finance, and taxes
2216 Articles
Last night we saw news out of the Financial Times reporting that Citigroup, Inc. (NYSE: C) was on tap looking…
Hank Greenberg, former chief of AIG (AIG), still walks the avenues of Wall St. at night, plotting how to get…
According to Reuters, AIG (AIG) lost $7.8 billion in the last quarter and will have to raise money. Reuters reports…
UBS (UBS) telegraphed all ships in the known world as it sank into the Atlantic like the Titanic. The big…
According to Reuters, UBS (UBS) will cut 5,500 jobs. The company is also selling $15 billion in subprime mortgage paper…
Late word is that the hedge fund business that Citigroup (C) CEO Vikram Pandit sold to the bank for $800…
Everyone loves covering Warren Buffett, rain or shine. His long-term shareholders love him, the media follows his every move, and…
According to Reuters, bank analysts are concerned that Citigroup’s (C) decision to raise money signals more trouble ahead for banks.…
Not everyone believes that Citigroup’s (C) current stock sale of $4.5 billion will end the large bank’s need for capital.…
The promise from Wall St. firms was implied, not spoken. The heads of operations like Morgan Stanley (MS) and Merrill…
According to Reuters, the Fed will probably cut rates and them pause for some time Reuters writes that senior financiers…
Citigroup Inc. (NYSE: C) has come out tonight saying it will sell some $3 Billion in common stock. Citi claims…
Citigroup (C) started two hedge funds last year and sold interests in them to well-off retail investors. What those people…
Former World Bank chief James Wolfensohn thinks the credit crisis will take $1 trillion in losses out of the market.…
According to Reuters, Cadbury is looking at buying Hershey. Reuters writes that banks being sued by Clear Channel (CCU) have…
Our top personal finance-related articles today. Your wallet will thank you later.