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Finance News Archive

 

Article Date   Article
Dec 2, 2008   Citi to Raise $5.5 Billion in Bond Offering
Dec 2, 2008   Colonial BancGroup Gets $550 Million from Feds
Dec 2, 2008   NYT: Credit Suisse, HSBC Add to Tax Evasion Probe
Dec 2, 2008   Credit Suisse, HSBC Slash Payrolls
Dec 2, 2008   JPMorgan Cans One in Five WaMu Workers
Dec 2, 2008   WSJ: Goldman Will Lose $2 Billion in Q4
Dec 1, 2008   Paulson Says Other Rescue Programs Being Examined
Dec 1, 2008   Shades of 2000: Reverse Stock Splits are Back
Dec 1, 2008   FBI Nabs Birmingham Mayor in Bad Bond Deal
Dec 1, 2008   Euro Central Bank Puts Off Massive Skycraper
Dec 1, 2008   Citi Spends $10B to Buy Spanish Toll-Road Firm
Dec 1, 2008   AIG Sells Private Bank to Abu Dhabi
Dec 1, 2008   US Interbank Lending Rates Continue to Rise
Dec 1, 2008   Redstone Restructuring $1.6B in Debt
Nov 26, 2008   Pimco Fund May Delay November Dividend Payment
Nov 26, 2008   Ex-AIG Exec Under Probe by U.S. Prosecutors
Nov 26, 2008   AIG Executives to Defer Retention Payments
Nov 26, 2008   Volcker to Head Obama Economy Board
Nov 26, 2008   Abu Dhabi Firms Set up New UAE Mortgage Lender
Nov 25, 2008   Life Insurers Seek Aid to Stabilize Investments
Nov 25, 2008   AIG Says No 2008 Bonus for Top Execs
Nov 25, 2008   Gov't. Announces Another $800B in Bailout Plans
Nov 25, 2008   Mortgage Security Rates Fall After Fed Action
Nov 25, 2008   Obama Taps Orszag as Budget Director
Nov 25, 2008   U.S. Default Risk Rises on Gov't. Loan Purchase Plan
Nov 25, 2008   FDIC: U.S. Problem Banks Rose to 171 in Q3
Nov 25, 2008   Former UBS Execs to Give Up $27.7 Million
Nov 25, 2008   Obama to Outline Cuts to U.S. Budget
Nov 25, 2008   S&P Sees Major Automaker Default Ahead
Nov 25, 2008   U.S. Interbank Lending Rates Up Again
Nov 25, 2008   Fed to Buy Mortgage-Related Assets
Nov 25, 2008   Treasury to Unveil Consumer Financing Plan
Nov 24, 2008   Wachovia Execs May Get $98.1 Million Severance
Nov 24, 2008   U.S. Credit Markets Tighter Despite Citigroup Rescue
Nov 24, 2008   Bush: More Rescues Like Citigroup Possible
Nov 24, 2008   HSBC Wouldn't Rule Out Buying Citi Assets
Nov 24, 2008   Hungary Cuts Key Interest Rate As Inflation Falls
Nov 24, 2008   Freddie Mac Mortgage Portfolio Up in October
Nov 24, 2008   Barclays Chairman: Investors Back Fund-Raising
Nov 24, 2008   Bahrain's Investcorp, Barclays Complete N&W Buy
Nov 24, 2008   Report: UBS Clients Seek Amnesty on U.S. Taxes
Nov 24, 2008   Deutsche Bank Mid-Tier Lending up Despite Downturn
Nov 24, 2008   Paulson May Tap Rescue Fund, Roll Out New Program
Nov 24, 2008   UAE to Bail Out Lenders, Cut State Spending
Nov 24, 2008   U.S. Bails Out Citigroup for $300 Billion
Nov 24, 2008   U.S. Rescues Citigroup
Nov 21, 2008   Obama Eyes Summers as Adviser, Could Go to Fed
Nov 21, 2008   FDIC OKs Backing for Bank Debt, Deposits
Nov 21, 2008   Regulators Move to Ease Purchase of Failed Banks
Nov 21, 2008   Citigroup Pushes to Bring Back Short-Selling Ban
Nov 21, 2008   Banks, Investment Firms Reduce Fed Loans
Nov 21, 2008   Freddie Mac Gets Delisting Notice From NYSE
Nov 21, 2008   Goldman Cuts U.S. Growth Forecast
Nov 21, 2008   Hedge Fund Ends Bid for Epicor
Nov 21, 2008   U.S. Agrees to Bail Out Reserve Fund
Nov 21, 2008   Bank of NY Mellon to Cut 1,800 Jobs
Nov 21, 2008   JPMorgan to Cut 10 Pct. of Investment Bank Staff
Nov 21, 2008   Euro Edges Higher Against Dollar
Nov 20, 2008   Japan's Central Bank Keeps Interest Rates on Hold
Nov 20, 2008   Fannie, Freddie Halt Some Foreclosures
Nov 20, 2008   U.S. Thrifts Have $4 Billion in Q3 Loss
Nov 20, 2008   Marsal to Take Over as Lehman CEO at Year-End
Nov 20, 2008   Fed Expands Dec. Policy Meeting to Two Days
Nov 20, 2008   Paulson: U.S. Has Tools for Financial Stability
Nov 20, 2008   Senate to Probe Bond-Ratings Firms
Nov 20, 2008   Wachovia Mortgage Lending Under Investigation
Nov 20, 2008   JPMorgan Cuts Investment Bank Jobs
Nov 20, 2008   GMAC Files for Bank Holding Status
Nov 20, 2008   Saudi Prince to Boost Citigroup Stake to 5 Pct.
Nov 20, 2008   RBS Soars on Expectation of 20B Pound Injection
Nov 20, 2008   GMAC Applies for Bank Status
Nov 20, 2008   Swiss National Bank Cuts Interest Rate to 1 Pct.
Nov 20, 2008   IMF, Nordics Pledge $4.6 Billion Loans to Iceland
Nov 19, 2008   Auto Aid Plan Heading for Defeat
Nov 19, 2008   Citigroup Slammed, Falls to 13-Year Low
Nov 19, 2008   BNP Paribas Denies Capital Increase Plan
Nov 19, 2008   Pershing's Ackman Sets New Target Plan, Shares Full
Nov 19, 2008   Fed Minutes: More Rate Cuts Possible
Nov 19, 2008   Sources: Deutsche Bank to Fire One in Seven Traders
Nov 19, 2008   SEC Puts Off Vote on Rules for Rating Agencies
Nov 19, 2008   Money Manager Vilar Guilty of Fraud, Money Laundering
Nov 19, 2008   CEOs Urge At Least $300B in Fiscal Stimulus
Nov 19, 2008   Citigroup Buying Back $17B in Remaining SIV Assets
Nov 19, 2008   BofE Considered Bigger Rate Cut in November
Nov 19, 2008   Kuwait Banks Urge $12.8B Stock Bailout Fund
Nov 19, 2008   Source: Citigroup to Write Down $3 Billion in Q4
Nov 19, 2008   Merrill Investor Poll: World Recession is Here
Nov 19, 2008   Shelby Favors Changing Automaker Management Teams
Nov 18, 2008   GE Says Finance Arm Changes to Save $2B in 2009
Nov 18, 2008   Blackrock Warns Employees of Impending Layoffs
Nov 18, 2008   S&P Cuts Ratings for Two Citadel Funds
Nov 18, 2008   Citi Credit Losses to Rise Through Middle of 2009
Nov 18, 2008   Dutch Insurer Aegon May Seek U.S. Assistance
Nov 18, 2008   Oppenheimer Target of Massachusetts Fraud Suit
Nov 18, 2008   Paulson: Must Preserve Bailout Funds
Nov 18, 2008   Automakers Take Case for Bailout to Congress
Nov 18, 2008   W. House Opposes Using TARP for Auto Bailout
Nov 18, 2008   Bair Presses for Action on Mortgage Modifications
Nov 18, 2008   Paulson: Critical to Preserve Bailout Funds
Nov 18, 2008   Treasury Sets New Deadline for Banks to Apply
Nov 18, 2008   Bernanke: Credit Markets Strained, Capital Helping
Nov 18, 2008   UK Warns on Cost of Revising Bank Bailout Deals
Nov 18, 2008   UBS Clients Fight Swiss Plan to Transfer Bank Data
Nov 18, 2008   Congress Set to Question Paulson, Bernanke on Bailout
Nov 18, 2008   Barclays Lets Shareholders in on Mideast Stock
Nov 17, 2008   Putnam Investments to Cut 47 Jobs, Merge Funds
Nov 17, 2008   Barclays Under Pressure Over Capital Raising
Nov 17, 2008   BofA Bumps Up Stake in No. 3 China Bank
Nov 17, 2008   Freddie Mac Turning into Loss-Making Black Hole
Nov 17, 2008   Citigroup to Cut Another 53,000 Jobs
Nov 17, 2008   UBS: No Bonus for Our Chairman, Other Top Execs
Nov 17, 2008   Citigroup Chairman Doesn't Deny Job Cuts Are Near
Nov 17, 2008   UBS to Change the Way It Pays Senior Managers
Nov 17, 2008   Iceland Guarantees Some Deposits to Secure Loan
Nov 16, 2008   No Bonus This Year for Goldman Sachs CEO Blankfein
Nov 14, 2008   Fidelity to Cut 1,700 Jobs in 2nd Round of Layoffs
Nov 14, 2008   Berkshire Boosts ConocoPhillips Stake, Buys Eaton
Nov 14, 2008   Source: Citigroup Job Cuts Could Reach 35,000
Nov 14, 2008   HBOS Chairman Urges Shareholders to Back Merger
Nov 14, 2008   Senate to Take Up Auto Bailout on Monday
Nov 14, 2008   Feds Agree on CDS Oversight
Nov 14, 2008   White House Pushing to Speed Up Automaker Loans
Nov 14, 2008   Government to Approve 20 Banks for TARP Funds Friday
Nov 14, 2008   Bush Names U.S. Prosecutor as TARP Inspector General
Nov 14, 2008   Freddie Seeks Federal Aid After $25.3B Loss
Nov 14, 2008   Bernanke Leaves Door Open to Another Rate Cut
Nov 14, 2008   Freddie Mac Posts $25 Billion Q3 Loss
Nov 14, 2008   Citigroup to Cut At Least 10,000 Jobs
Nov 13, 2008   Interbank Loan Rates Rise for First Time 4 Weeks
Nov 13, 2008   Mizuho's First Half Profit Dives 71 Percent
Nov 13, 2008   CIT Group Applies to Become Bank Holding Company
Nov 13, 2008   Hedge Fund Execs Advocate New Public Exchanges
Nov 13, 2008   Analysts: JPMorgan May Take $1.7B in Q4 Writedowns
Nov 13, 2008   Report: Japan Ready to Give $105B for IMF Bailouts
Nov 13, 2008   Fortress' Q3 Loss Widens to $57.4 Million
Nov 13, 2008   Cuomo Seeks Data on Bonuses at BofA
Nov 13, 2008   Report: Citi Directors Looking to Replace Chairman
Nov 13, 2008   Citigroup in Talks to Buy Chevy Chase Bank
Nov 13, 2008   Citic Pacific Gets $1.5 Bln Bailout From Parent
Nov 12, 2008   Regulators Nix Credit Card Debt Forgiveness Plan
Nov 12, 2008   Regulators Nix Credit Card Debt Forgiveness Plan
Nov 12, 2008   UBS Exec Charged in U.S. Tax Evasion Scheme
Nov 12, 2008   Credit Losses Estimated at 10 Percent of U.S. GDP
 
Article Date   Article
Nov 12, 2008   Billion-Dollar Hedge Fund Managers to Face Hearing
Nov 12, 2008   Morgan Stanley to Cut 10 Pct. of Staff
Nov 12, 2008   Congress Eyes $25B Automaker Loan Bill
Nov 12, 2008   Paulson: Rescue Package Not for Automakers
Nov 12, 2008   EU Tells Iceland to Resolve Deposit Disputes
Nov 12, 2008   Barclays Faces Investor Revolt on Capital Raising
Nov 12, 2008   Fed May Take Charge of CDS Regulation
Nov 12, 2008   Paulson to Give Update on Financial Bailout
Nov 12, 2008   Treasury Considers Private Capital Role in TARP
Nov 12, 2008   Report: AmEx Seeks $3.5B From Government
Nov 11, 2008   AIG Defends Luxury Resort Seminar
Nov 11, 2008   Fed Puts Off Money Fund Rescue Plan
Nov 11, 2008   Even Harvard Struggles in Struggling Economy
Nov 11, 2008   Fund Industry Braces for Deep Job Cuts
Nov 11, 2008   Source: Goldman Urged Bets Against Bonds It Sold
Nov 11, 2008   Swiss Deny UBS Client Data Transferred to U.S.
Nov 11, 2008   AmEx Approved to Become Bank Holding Company
Nov 11, 2008   Buffett, Ross Insurers Eye Dexia U.S. Unit
Nov 11, 2008   Citigroup to Help At-Risk Borrowers Stay in Homes
Nov 10, 2008   Rescue Plans May Slow Pricing of Troubled Assets
Nov 10, 2008   UBS Gives Up 70 Names to Government in Tax Probe
Nov 10, 2008   Audit Watchdog Agency Mulls More Fair Value Guidance
Nov 10, 2008   Hedge Firm GLG Assets Fall, Approached by Investors
Nov 10, 2008   HSBC Writes Down Assets by $4.9 Billion in 3Q
Nov 10, 2008   Trichet: ECB Won't Change Its Inflation Focus
Nov 10, 2008   Barclays Open to Acquisitions in Gulf Arab Region
Nov 10, 2008   Report: Citigroup in Talks to Buy a Bank
Nov 10, 2008   Fannie Mae Posts Record $29 Billion Q3 Loss
Nov 10, 2008   BofA Assumes $17B Countrywide Debt
Nov 10, 2008   Berkshire Hathaway Q3 Profit Falls 77 Percent
Nov 10, 2008   Regulators Shut Banks in Texas, California
Nov 10, 2008   Fed Doubles AIG Bailout to $150 Billion
Nov 7, 2008   Source: Feds Could Double Down on AIG Bailout
Nov 7, 2008   EU Leaders: World Has 100 Days to Fix System
Nov 7, 2008   EU: 100 Days to Fix Global Finance
Nov 7, 2008   UK Government Pressures Banks to Pass on Rate Cuts
Nov 7, 2008   WSJ: Citadel Told to Front More Cash for Losses
Nov 7, 2008   JPMorgan Chase: Consumer Loans in Trouble
Nov 7, 2008   Interbank Lending Rates Fail to Match Cuts
Nov 7, 2008   HK Investors Sue: We Were Duped into Lehman Buys
Nov 6, 2008   Man Group Shares Plunge 31 Pct. as 1H Profit Falls
Nov 6, 2008   Green Equity Investors Puts $425M Into Whole Foods
Nov 6, 2008   Fidelity to Cut Nearly 1,300 Jobs
Nov 6, 2008   Manulife Q3 Profit Down, Obtains Loans From Banks
Nov 6, 2008   Obama Considers Geithner, Summers for Treasury
Nov 5, 2008   Wells Fargo Plans $10 Billion Stock Offering
Nov 5, 2008   Sources: Goldman Sachs Laid Off Thousands
Nov 5, 2008   Fuld to Step Down as CEO of Lehman By Year-End
Nov 5, 2008   Treasury Bringing Back Three-Year Note
Nov 5, 2008   Carlyle Warns Investors of Weak Returns
Nov 5, 2008   Ambac Posts $2.4B Quarterly Loss
Nov 5, 2008   GMAC Sees $2.5B 3Q Loss, ResCap Unit at Risk
Nov 5, 2008   Marsh & McLennan Swings to 3Q Loss
Nov 5, 2008   BNP Paribas 3Q Profit 56 Percent
Nov 4, 2008   JPMorgan to Close Proprietary Desk, Lay Off Traders
Nov 4, 2008   NY Fed's Bear Stearns Hire Draws Investors' Anger
Nov 4, 2008   RBS Writes Down More Assets, May Post Annual Loss
Nov 4, 2008   UBS: Money Outflows Slowing, Wary on Q4
Nov 4, 2008   Hartford Financial to Cut 500 Jobs
Nov 4, 2008   Goldman Fund Loses Nearly $1B in Nine Months
Nov 4, 2008   Blackstone CEO Urges Common Oversight
Nov 4, 2008   Treasury Mulls Purchasing Stakes in More Firms
Nov 4, 2008   Icahn Cuts Lear Stake, Says Still Supports Company
Nov 4, 2008   UBS Back in Profit After Four Quarterly Losses
Nov 3, 2008   Bank of America, Merrill Set Dec. 5 Merger Votes
Nov 3, 2008   Shuaa Capital Sees Big Gulf Financial Mergers
Nov 3, 2008   Pimco High Income Fund Delays Dividend Payment
Nov 3, 2008   Some Interbank Rates Lowest Since Lehman Collapse
Nov 3, 2008   Former UBS Exec Sentenced in N.Y.
Nov 3, 2008   Commerzbank Asks For Government Bailout
Nov 3, 2008   Reserve Fund Holders Get 50 Cents on the Dollar
Nov 3, 2008   Knight Capital's Deephaven Halts Fund Redemptions
Nov 3, 2008   Lazard Capital Settles Improper Gift Probe
Nov 3, 2008   KKR Amsterdam: IPO Won't Be Ready Until 2009
Nov 3, 2008   Hartford Financial: We Have Capital to Stay Double-A
Nov 3, 2008   Morgan Stanley Cancels Christmas Parties
Nov 3, 2008   Rescue Cash May Attract 1,800 Institutions
Nov 3, 2008   Lloyds, HBOS Raising $28B in New Capital
Nov 3, 2008   SocGen's Net Profit Down 84 Percent in Q3
Oct 31, 2008   Likely Buyers of AIG Assets Face Capital Snags
Oct 31, 2008   Likely Buyers of AIG Assets Face Capital Snags
Oct 22, 2008   New York AG: AIG to Freeze Ex-CEO, Exec Payments
Oct 21, 2008   Europe Creates Tax Haven Blacklist
Oct 17, 2008   Report: Lehman Execs, Including Fuld, Subpoenaed
Oct 14, 2008   Citigroup Sees Q3 Loss for JPMorgan
Oct 13, 2008   Bush, Bank Heads to Meet on Financial Rescue Plan
Oct 10, 2008   Buffett Richest American in Forbes 400 List
Oct 9, 2008   Bush, G7 Finance Ministers to Hold Crisis Talks
Oct 9, 2008   White House Considers Ownership Stake in Banks
Oct 7, 2008   Fed Warns More Economic Pain Ahead
Oct 6, 2008   Bank of America Profit Q3 Profit Weaker-than-Expected
Oct 3, 2008   House Starts Debate on Bailout Bill, Pressure is On
Sep 30, 2008   Report: FDIC Wants Limit Upped to $250,000
Sep 24, 2008   Freddie Mac: Foreigners Biding Their Time Over Debt
Sep 23, 2008   Bernstein: Goldman, Morgan Move Will be Costly
Sep 19, 2008   Treasury, Fed Offer Wall Street a Blank Check
Sep 19, 2008   Citigroup Considering Bid for WaMu
Sep 18, 2008   Report: Citigroup Unlikely to Proceed with WaMu Deal
Sep 17, 2008   FDIC Insurance Fund Falls Below Target Level
Sep 10, 2008   OPEC Cuts Output to Shore Up Falling Market
Sep 10, 2008   Berkshire Unit Stops Insuring Bank Deposits
Sep 5, 2008   Pimco Appoints El-Erian as CEO
Sep 4, 2008   Merrill's Bad Debt Sale to South Korea Agency Stalls
Aug 21, 2008   FINRA Probes 40 Firms on Auction Rate Securities
Aug 19, 2008   Source: Lehman Considering Asset Unit Sale
Aug 14, 2008   Analyst: Lehman May Post Q3 Loss
Aug 8, 2008   UBS Agrees to Buy Back Billions in Bond Debt
Aug 7, 2008   Ex-Refco President Sentenced to 10 Years in Jail
Aug 7, 2008   Harvard Fund Sees 7 to 9 Pct. Gain on Investments
Aug 5, 2008   Wachovia CEO: Management Shake Up Over
Aug 5, 2008   Lehman May Sell Entire Investment Management Unit
Jul 29, 2008   Investors See Merrill 10 Times More Likely to Fail
Jul 18, 2008   Analysts See Much Higher 2008 Loss for Merrill
Jul 15, 2008   Freddie-Fannie Lifeline Puts Taxpayers on the Hook
Jul 11, 2008   Sandwich Board is New Tool in Wall Street Job Search
Jul 11, 2008   Murdoch's News Corp. Unlikely to be in Yahoo Deal
Jul 9, 2008   Report: Abu Dhabi Buys Chrysler Building
Jul 2, 2008   Merrill: GM Needs $15 Bil, Bankruptcy an Option
Jun 27, 2008   German TV Group 'Unaware' of News Corp. Bid
Jun 27, 2008   Report: Citi Restructuring India Ops, Eyeing Sale
Jun 26, 2008   Dodge & Cox Manager says Wachovia 'Cheap'
Jun 26, 2008   GM Stock Crashes on Goldman Sell Call
Jun 26, 2008   Chrysler: 'No Basis' for Bankruptcy Rumor
Jun 26, 2008   LSE, Lehman Start European 'Dark Pool' Platform
Jun 25, 2008   Report: Qatar in Talks with London, German Exchanges
Jun 25, 2008   Source: UBS Hires Lazard for 'Strategic Review'
Jun 24, 2008   JC Flowers Expects 24.9 Pct of Hypo Real Estate
Jun 19, 2008   WSJ: Wachovia Seeks Goldman's Advice
Jun 18, 2008   Sources: Citi Germany Unit Deal By Early July
Jun 13, 2008   Private Equity Doing Better, But Barely
Jun 10, 2008   U.S. Alternative to Troubled Libor Launches
Jun 10, 2008   Report: Spitzer Starting Real Estate Vulture Fund
Jun 6, 2008   Icahn: Yahoo Should Sell to Microsoft, or Else
Jun 2, 2008   Shareholder Agitation Pushes Wamu Chairman Out
Jun 2, 2008   Report: Upset at Layoffs, Schwartz Declines JPMorgan
May 30, 2008   Source: Bear Economists Won't Join JPMorgan
May 29, 2008   In Five-Minute Meeting, Bear CEO Cayne Says 'Sorry'
May 21, 2008   SEC: Not Sure Who Should Investigate Moody's
May 20, 2008   I-Banks Letting Clients Go to Competitors
May 20, 2008   Source: Barclays Seeks to Buy I-Bank
May 19, 2008   Report: $34.8 Billion BCE Deal in Trouble