5590 Stories, most recent news story added Fri Dec 11, 12:29 am ET
JPMorgan Chase is giving away $5 million, and it wants Facebook users to vote on where it goes. At the Chase Community Giving page on the social networking site, the philanthropic arm of the bank is inviting anyone with a...
Pandit has revealed yesterday that the company is in a position to be able to repay TARP, but is awaiting government approval.
Dec. 10 (Bloomberg) -- U.S. stocks rose for a second day as the average number of Americans filing first-time jobless claims over the past four weeks fell to a one-year low and the trade deficit unexpectedly shrank as a weaker dollar boosted exports.
Dec. 10 (Bloomberg) -- Wall Street firms are recovering. Their standing with the American public isn’t. Executives at financial firms, coming off two years of failures, bailouts and writedowns, are less popular than Congress, lawyers and insurance companies.
Dec. 10 (Bloomberg) -- Dubai shares rose the most worldwide after Emaar Properties PJSC abandoned plans to combine with real-estate units of Dubai Holding LLC. Nakheel PJSC’s $3.52 billion bond due Dec. 14 posted the best gain in nine months.
Dec. 10 (Bloomberg) -- BC Partners Ltd. plans to hire four banks to manage the 1 billion-euro ($1.5 billion) initial public offering of German chemicals distributor Brenntag Holding GmbH, according to three people familiar with the sale.
Be wary of convenience-check offers you receive in the mail. As credit card companies increasingly cut credit limits, the borrower might be surprised to find the check isn't honored, according to Adam Levin, chairman and co-founder of San Francisco-based Credit.com."They're the crack cocaine of the credit industry," Levin said. The checks, which work like regular checks and are a loan against a ...
Better to be a banker in New York than Europe this bonus season. The leaders of Britain and France are embracing a one-time tax on fat bonuses paid by bailed-out banks _ a restriction that goes far beyond what's being considered in the United States. Still,... United States - France - Bank - New York City - Business
Citigroup Inc plans to pay back TARP by raising money in an equity offering that could be announced as early as Thursday and could be some $20 billion, television network CNBC reported, citing sources.
It's hard to quantify the losses wrought by Wall Street brain drain from regulating executive pay.
Dec. 10 (Bloomberg) -- Treasury Secretary Timothy Geithner said today the government is unlikely to recoup its investments in insurer American International Group Inc. or the automakers General Motors Co. and Chrysler Group LLC.
Dec. 10 (Bloomberg) -- Senegal is offering $200 million of five-year bonds yielding about 8.75 percent to finance road building in the West African nation, according to investors approached to buy the securities.
NEW YORK -- Better to be a banker in New York than Europe this bonus season. The leaders of Britain and France are embracing a one-time tax on fat bonuses paid by bailed-out banks, a move that goes far beyond what's being considered in the United States.
DETROIT, Dec. 10, 2009 -- American Axle & Manufacturing Holdings, Inc.
Will they pull out of the dive, or nose into the dirt?
With Congressional leaders vilifying megabanks as they draft new punishments, er, I mean rules, for the banking industry, smaller banks seem more than happy to let the big banks pay.
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