Feeds
Investors kicked off the stock market's third quarter with a moderate gain after getting some reassuring data on manufacturing and housing.
Former American International Group Inc. CEO Maurice "Hank" Greenberg said Thursday that AIG's board in early 2005 raised questions about a retirement bonus plan now being wrangled over in court.
The U.S. dollar spiked when the economic crisis was peaking, and it's falling now that a recovery's in sight. What gives?
The stock market began June with a big rally, thanks to another wave of encouraging economic data.
New rules for credit card companies will clamp down on when they can hike interest rates and force them to spell out their terms in plain English. But opening your monthly statement could still be a dizzying experience.
JPMorgan Chase's shareholders aren't ecstatic. But they're nowhere near as angry as their counterparts at other big banks.
The new way for banks to flex their muscles? Selling bonds without the U.S. government backing them.
Advanta Corp., a credit card lender to nearly 1 million small businesses, will close all its cardholders' accounts next month in a last-ditch effort stem losses.
Citigroup Inc. is using its $45 billion in government capital to make nearly that much in new loans.
Banks that are ready to repay government bailout money are finding it's not as simple as writing a check to the Treasury.
The U.S. government says it won't let any of its 19 largest banks fail. That doesn't mean they'll all be around in a couple years.
The government told investors Thursday what they've known since the crisis began: Some banks are healthier than others.
U.S. stock futures are edging higher as investors await a reading on the services sector and a bevy of earnings reports for further confirmation that the economy is improving.
Just a few years ago, companies staging annual meetings brought in acts like Paul McCartney and Tony Bennett. At the very least, they offered snacks as CEOs boasted about big profits.
Five hours and dozens of angry speakers into Citigroup Inc.'s annual meeting Tuesday, a long line of shareholders still waited at the microphone for their chance to vent.
It's hard to imagine that any bank could emerge victorious from the credit crisis and recession. But Goldman Sachs & Co. is thriving while many rivals still struggle.
It's the earnings, stupid. Optimism that the fortunes of financial companies like Citigroup were improving sparked a four-week rally beginning March 10 that drove the Standard & Poor's 500 index up 25 percent. But now investors will find out exactly how companies across all industries performed during the first three months of the year. Those quarterly results will determine whether the surge was the beginning of a bull market, or just a blip.
Bank of America Corp. CEO Ken Lewis is upbeat — about both his company and the broader U.S. economy.
Stock futures pointed to a lower open Wednesday, reflecting declines in overseas markets and a bigger-than-expected loss by Alcoa.
Evelyn Y. Davis was raking CEOs over the coals before it was popular.
Citigroup is going through with more than $3 million worth of construction at its corporate headquarters in Manhattan.
Citigroup has nominated four new independent directors to its board in the latest move to toughen up the bank's oversight.
Citigroup paid its CEO Vikram Pandit compensation valued at $38.2 million last year, according to a regulatory filing.
Investors have seen this before.
Log In | Register
