Banking, finance, and taxes
2213 Articles
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…
Consumers and businesses are faced with two difficult problems as a result of major banks taking huge write-offs. The first…
Royal Bank of Scotland (RBS) will raise as much as $24 billion to bolster its capital position, a dubious record…
The mid-month reports on short interest in NYSE shares showed that many short sellers moved out of big financial stocks…
Our top personal finance-related articles today. Your wallet will thank you later.