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FDIC Disowns Geithner Embarrassment
FDIC pushes blame on Treasury for a public relations gaffe last month in which the Federal Deposit Insurance Corp. closed a Chicago bank just hours after it received an award from Treasury Secretary Tim Geithner.
08:47AM 11/10/09
BofA Targets Turkey Day for New CEO
Bank of America, whose stock has stalled since its quarterly report in mid-October, confirmed it's hoping to name its next chief executive officer by Thanksgiving.
01:36PM 11/09/09
General Electric's Rally Likely Short-Lived
General Electric shares bounced higher Friday following positive comments from two analysts, but senior writer Dan Freed thinks the next surge is a long ways off.
08:47AM 11/09/09
GE, Citigroup Suddenly Trade Like Twins
Shares of both General Electric and Citigroup have traded markedly lower since the companies reported their third-quarter results in mid-October.
02:49PM 11/06/09
Senior writer Dan Freed finds no small amount of irony in Citigroup's IPO plans for insurance and mutual funds unit Primerica.
11:19AM 11/06/09
Bank Buyout Boom Stalls Before It Starts
The rush of private equity dollars into the banking sector anticipated by some earlier in the year appears to have been derailed by the FDIC guidelines unveiled in August.
06:00AM 11/06/09
BofA Could Take Cue From Ford, IBM
Bank of America's board might do well to look outside the banking sector for a CEO to replace Ken Lewis, who will leave the post at the end of the year.
08:43AM 11/05/09
Gasparino Insists Kelly Still On BofA List
Bank of New York Mellon Chairman and CEO Robert Kelly is still in the running to be the next CEO of Bank of America, according to a report by CNBC's Charlie Gasparino.
12:08PM 11/04/09
Ex-Citi Exec To Start Hedge Fund: Report
A former Citigroup executive, Tom Maheras, has reportedly raised $100 million to start his own hedge fund, according a published report.
11:35AM 11/04/09
Goldman Sees Hedge Fund Rebound
Goldman Sachs sees a resurgence in the hedge fund industry, according to bullish comments Wednesday on Och-Ziff Capital Management.
11:20AM 11/04/09
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