Banking, finance, and taxes
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One Wall St.analyst thinks Citigroup (C) will have to make some extreme moves to keep the bank running. Speaking to…
ROBERT W.BAIRD has initiated mostly cautious coverage on Banks and Financials this morning. Most are Neutral rated, although there are…
Bloomberg is reporting that a Merrill Lynch analysts says that Citigroup (C) may have to take a $16 billion fourth…
CNBC is reporting that Citigroup (C) could cut 5% to 10% of its workforce as early as next week. Based…
KBW analyst Diane Merdian now estimates Citigroup (C) will take $15.3 billion in writedowns in the fourth quarter tied to…
State Street Corporation (NYSE:STT) has announced that it will record a net after-tax charge in the fourth quarter of 2007…
Shares in Citigroup (C) are off by over 1% today despite a positive report from research firm Punk, Ziegel. The…
National City Corp. (NYSE: NCC) is following suit of many of the financial lending companies. The company has slashed its…
Press reports are saying that Merrill Lynch (MER) may have to raise more capital to offset huge Q4 losses. Merrill…
The FT writes "according to data from Dealogic, commercial and investment banks raised equity worth $83bn in the final six…
The market was full of talk yesterday about Goldman Sachs predictions that Citigroup (C) might have to write-off another $18.7…
Analysts at Goldman Sachs think Citigroup (C) will have to cut its dividend 40%. Their expectation is that the big…
Davis Selected has bought 5.1% of MBIA (MBI). Just a few days ago, the fund put money into Merrill Lynch…
Joseph Lewis, one of the world’s richest men, has bought more shares in Bear Stearns (BSC), and now owns more…
Merrill Lynch (NYSE: MER) raised some $6.2 Billion today, or at least up to that amount, and that is not…
Our top personal finance-related articles today. Your wallet will thank you later.