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Yesterday Ruth Porat was named chief financial of Morgan Stanley. In August when Sallie Krawcheck was appointed head of Bank of America's wealth division the Wall Street Journal's Deal Journal blog ran the following piece on the fate of other high-flying women on Wall Street during the financial crisis.
The latest business news, quotes, and market information.
Dec. 9 (Bloomberg) -- The U.S. House of Representatives begins debate today on legislation giving regulators power to shrink risky Wall Street firms as the financial services industry steps up a fight to scale back parts of the proposal.
Greece revealed on Wednesday that it is working on radical action to reverse a deepening financial crisis which is straining eurozone cohesion and focusing market anxiety on emerging economies.
European stocks rose Wednesday and Wall Street was expected to edge up on the open, though investors remained cautious because of sovereign credit risks.
NEW YORK — Stock futures are indicating a higher open on Wall Street Wednesday, bouncing back from the previous day's losses as the dollar resumes its decline.
WESTON, FL--(Marketwire - December 9, 2009) - Wall Street News Alert's "stocks to watch" this morning are: PrimeGen Energy Corporation (
Embarrassed about still living at home? I've got other things to worry about – not least my own financial crisis The German poet Christian Morgenstern once said " home is not where you live, but where they understand you ". As a male of 29 years, still living at home with parents can be perceived to attract a certain social stigma, and indeed at times it does. I can't honestly say, however, that ...
Laurentian Bank of Canada reported a higher quarterly profit on Wednesday and increased its dividend, making it the first Canadian bank to raise its payout since the financial crisis hit. The Mon...
McDonald's Corp., the world's largest fast-food chain, on Tuesday reported comparable sales in overseas markets in November that fell well short of Wall Street expectations, while a key U.S. sales figure declined for the second consecutive month.
Stocks dropped for a second day as a reduction in Greece's debt rating and a $3.65 billion loss by a Dubai developer added to concern that global credit markets are struggling to recover. Commodities led the decline as the US dollar strengthened, p...
Dec. 9 (Bloomberg) -- China had “good reason” to depreciate its currency as exports fell because of the global financial crisis, central banker Zhu Min said.
Has your credit card company notified you of any changes in the terms or interest rate on your account? If so, The Tennessean would like to hear the details and what options you're considering. Contact personal finance reporter Naomi Snyder at 615-259-8284 or nsnyder@tennessean.com.
THE Opposition Leader, Tony Abbott, has opened up the prospect of reregulating the banks in response to Westpac's outsized rate increase, saying Kevin Rudd gave Westpac ''enormous support'' during the financial crisis without getting influence in return.
NEW YORK — Stock futures are indicating a higher open on Wall Street Wednesday, bouncing back from the previous day's losses as the dollar resumes its decline.
ATHENS: Greece revealed yesterday that it is working on radical action to reverse a deepening financial crisis which is straining eurozone cohesion and focusing market anxiety on emerging economies. "I can assure you that the government will do whatever is required to regain lost credibility," Finance Minister George Papaconstantinou told journalists. He was reacting to a string of blows from ...
Pre-Budget Report takes place at a critical time for our economy and for our country.Governments across the world have taken co-ordinated steps to deal with the biggest financial crisis for over half ...
