RSS Feed
Fed Is Better Off Losing Transparency Battle
The Fed lost more ground on Friday in its ongoing battle over transparency, but -- a battle it may have to lose to gain additional powers over financial markets and consumer protection.
03:37PM 03/19/10
American International Group completed the sale of its stake in TransRe Holdings on Tuesday with the offering yielding gross proceeds of $452 million.
11:05AM 03/16/10
Bank Stocks Barely React to Reform Bill
The contents of Sen. Christopher Dodd's rogue bank reform bill were revealed Monday afternoon and bank stocks yawned.
09:22AM 03/16/10
Dodd's Bill Has Teeth; Will Congress Bite?
Now that Chris Dodd has mustered up a financial regulatory reform bill that has some teeth, the question is: Will his Congressional colleagues be able to pass anything that bites?
09:40AM 03/15/10
M&A Angle Not Enough to Buy Regionals
Barclays is reportedly eyeing the purchase of U.S. consumer bank, but the speculation surrounding such a deal may not be reason enough to buy potential targets.
10:15AM 03/12/10
What Assets Could Bank of America Sell?
Bank of America is likely to announce some more divestitures in the first half of 2010, but investors shouldn't expect any blockbuster deals.
04:56PM 03/11/10
Bank of America May Sell 'Lazier' Assets
Bank of America CEO Bryan Moynihan said the company, known for its unwavering commitment to growth, was looking to sell off some of its "lazier" assets.
09:08AM 03/11/10
AIG Expects $490M from TransRe Stake Sale
American International Group indicated Wednesday it expects to take in $490 million from the sale of a stake in reinsurer TransAtlantic Holdings.
10:23AM 03/10/10
AIG shares spiked higher Tuesday with bullishness prompted by the company's recent divestitures possibly pressuring investors who are short the stock.
03:53PM 03/09/10
Banks Could Get Big Rewards for Workouts
The government recently said the incentive cap for its HAMP mortgage workout program is nearly $37 billion, and it's starting to look like that may be enough to get banks on board.
07:00AM 03/09/10
Connect with TheStreet