JPMorgan Chase corporate and investment bank co-head Mike Cavanaugh has become the latest departure among executives seen as potential successors to CEO and Chairman Jamie Dimon.
General Electric GE clearly needs a major shakeup, and you have to wonder how long it will take before the need for the company to do something starts grabbing headlines on a regular basis.
Crowdfunding was the somewhat surprising subject of a speech by Federal Reserve Governor Jeremy Stein on Monday.
In case less choice for consumers at higher prices with super slow service for all eternity wasn't enough, we now have an $80 million golden parachute for six weeks of work thrown in our faces.
U.S. bank stocks continued surging Thursday on what analysts said was continued optimism over a reduction in the Federal Reserve's bond buying program and expectations of imminent dividend hikes and share buyback announcements.
An investor in Altisource Residential Corp. who is shorting shares of Altisource Asset Management, published a report Wednesday accusing the two Bill Erbey-led companies of a conflict and threatening legal action.
Fannie Mae and Freddie Mac common shares are gaining a shred of respect from sell-side analysts, as KBW's Bose George Tuesday raised his price target to $2 from $0 on both government sponsored entities (GSEs).
Fannie Mae and Freddie Mac shares remained volatile Monday as a bipartisan Senate Banking Committee bill to wind down the mortgage giants was unveiled over the weekend.
Legislation expected soon that would wind down Fannie Mae and Freddie Mac is running into resistance from both the left and the right before it has even been completed.
Elected officials are finally speaking publicly about the fight between Fannie Mae and Freddie Mac shareholders and the Obama Administration, though what they are saying for the most part is this: leave it to the courts.