Banking, finance, and taxes
4937 Articles
Citigroup was indicated lower earlier today on a downgrade to an "Underperform" rating out of CIBC World Markets. CIBC notes…
Citigroup’s capital levels are way down. Part of this comes from a drop in the value of its asset base…
Private equity firm Cerberus has terminated its acquisition offer to acquire Affiliated Computer Services Inc. (NYSE:ACS). This was a $6.2…
Merrill Lynch (NYSE:MER) has finally announced a part of the inevitable. Stan O’Neal is retiring effective immediately, which we all…
After Countrywide (CFC) reported its third quarter loss last week, the company said that it would make money in Q4…
Could Merrill Lynch (MER) post worse numbers in the fourth quarter than it had in the third? Goldman Sachs thinks…
According to The Wall Street Journal, Bank of America (BAC) will "pink slip" large numbers of people at its investment…
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…
Washington Mutual Inc. (NYSE:WM) posted earnings after today’s close, and as you’d expect there was a severe drop compared to…
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…
DJIA component and financial giant JPMorgan Chase (NYSE:JPM) is set to report earnings Wednesday morning before the open. We have…
Wells Fargo reported Q3 revenue of $9.85 billion was up $919 million, or 10 percent, from a year ago. The…
Chinese officials confirmed and several media outlets reported that China’s Citic Bank would like to buy a piece of Bear…
Our top personal finance-related articles today. Your wallet will thank you later.