CS
| 9:40AM 11/27/2009
JP Morgan (JPM), RBS (RBS), Credit Suisse (CS) and several other large firms with financial research arms have put out educated guesses as to which banks are most exposed to Dubai debt. Coming up with these numbers has turned out to be an inexact science. And, Dubai may make good on its payments,...
| 5:05AM 11/17/2009
There are two sides to every story, and sometimes three, four or five. An audit by the Special Inspector General for the Troubled Asset Relief Program (TARP) claims that the Federal Reserve Bank of New York allowed banks to get 100% of the value of complicated financial instruments that they had...
| 1:30PM 8/17/2009
After taking over most of Colonial Bank (CNB) on Friday, BB&T Corp. (BBT) said Monday it has commenced a public offering of $750 million of common stock, saying the proceeds, which will qualify as tangible common equity and Tier 1 regulatory capital, will be used for general corporate...
| 9:40AM 7/31/2009
After selling one-third of its stake in China Construction Bank to raise needed capital, Bank of America appears to have some regrets. Today, news reports indicate Bank of America (BAC) plans to formally apply to Chinese banking regulators for a local incorporation license within the next few...
| 2:30PM 5/22/2009
Andrew Ross Sorkin may be a provocative New York Times (NYT) writer and an ebullient television personality, but he also has a group of Facebook friends that would be the envy of many.
Among those who profess their cyber-friendship with the editor of DealBook are IAC/InterActiveCorp (IACI) head...
| 4:00PM 4/23/2009
Judging from recent headlines, one might think the financial crisis is behind us. And how could one not think that when Citigroup (C), Bank of America (BAC), JPMorgan (JPM), Goldman Sachs (GS) and today Credit Suisse (CS) all reported either a profit for the first quarter, improved results, or at...