Asset Sales news from FierceFinance
News
Dividends, the best source of capital right now?
We've noted that most banks big banks have fewer options when it comes to capital raising. Public offerings are increasingly hard, given concerns about dilution among other things. Outside investors Read more...
Another upside surprise: Citigroup beats expectations
Citigroup reported a loss of 54 cents for the April-to-June quarter, which was not as bad as the 66 cents analysts were expecting. The loss reflects $7.2 billion in Read more...
The pain of financial stocks gets worse
Capital is the No. 1 need in the industry right. But where is it going to come from? According to the New York Times, Goldman Sachs has taken a look at 52 fund-raising efforts and found that Read more...
Citi to sell even more assets
Citi CEO Vikram Pandit made news not too long ago by embracing Citi's sheer breadth, which he saw as a golden opportunity--like his storied predecessors. Some were disappointed that he opted against Read more...
Can Wachovia survive on its own?
Wachovia's new CEO, Robert Steel, has roots at Goldman Sachs, where he was vice chairman before moving into public service at the Treasury Read more...
More asset sales to come
With all top banks--except maybe Goldman Sachs--facing the need to raise more capital, it's a good bet we are going to see more asset sales. Read more...