Banking, finance, and taxes
2192 Articles
Citigroup (C), JPMorgan (JPM), and Bank of America (BAC) want to raise a fund worth $80 billion to make short-term…
HSBC (HBC) is taking $41 billion in SIV assets onto it balance sheet, a move that could pressure US banks…
Oil is not at $200. It trades just below $100, and there are some reasons it could drop. The economies…
According to Reuters, the Fed’s decision to make an October rate cute was a "close call." Reuters writes that Paulson…
According to Reuters, BHP Billiton (BHP) will not sell its petroleum division, as had been rumored, to finance a bid…
Citigroup (C), JP Morgan (JPM), and Bank of America (BAC) are closer to setting up their "super fund" to supply…
According to Bloomberg "JPMorgan Chase & Co., the third- largest U.S. bank, said it held $40.6 billion in leveraged loans…
Moody’s has begun to downgrade the debt in a number of the structured investment vehicles that own huge pools of…
One thing must be said for Chuck Prince, who left Citigroup (C) todayafter four years. He could take a beating.…
Citigroup’s capital levels are way down. Part of this comes from a drop in the value of its asset base…
According to the FT, former Fed chief Alan Greenspan says that the $75 billion plus fund to buy the assets…
Several banks with troubled fixed income and mortgage securities are making the rounds to raise $80 billion to $100 billion…
Accoriding to Reuters, Sony (SNE) will launch a cheaper version of its PS3 in the US in hopes of taking…
Citigroup (NYSE:C) shares have spent most of the day in the tank after three straight down-days in the stock. In…
JP Morgan (JPM) reported 2007 third-quarter net income of $3.4 billion, up from $3.3 billion in the third quarter of…
Our top personal finance-related articles today. Your wallet will thank you later.