Banking, finance, and taxes
4937 Articles
Citigroup (C) started two hedge funds last year and sold interests in them to well-off retail investors. What those people…
Why hold back feelings? Vincent Reinhart, former head of monetary affairs at the Federal Reserve called the deal to save…
Consumers and businesses are faced with two difficult problems as a result of major banks taking huge write-offs. The first…
The quiet period has ended for Visa Inc. (NYSE: V) after its IPO. The underwriters have thus initiated their coverage…
Wachovia (WB) may have taken deposits from drug cartels. The Wall Street Journal reports that the government probing the bank…
ValueAct Capital Management is a leading activist fund that acquires shares in public companies to influence their boards to make…
Liberty Mutual has agreed to acquire Safeco Corp. (NYSE: SAF) for some $6.12 billion this morning. Liberty offered to purchase…
Ambac Financial Group Inc. (NYSE: ABK) saw yet another huge loss today, and as this is still key for system-wide…
Royal Bank of Scotland (RBS) will raise as much as $24 billion to bolster its capital position, a dubious record…
National City Corp. (NYSE: NCC) is a name we have been cautious on because of the trends we have seen…
Jefferies Group, Inc. (NYSE: JEF) has posted some ugly earnings this morning and it has announced a financing package. Jefferies…
There is no law on the books anywhere in the US to rival The Martin Act for giving prosecutors a…
NCC (NCC) was one of those banks that decided the mortgage business was simply an outstanding way to make money.…
The only good news at Royal Bank of Scotland is that the bad news is not worse. RBS will probably…
BGC Partners (NASDAQ: BGCP), formerly eSpeed, has made a shelf filing with the SEC. It intends to offer up to…
Our top personal finance-related articles today. Your wallet will thank you later.