FierceFinance is the financial services daily monitor, with news covering the banking industry, asset management, capital markets and SEC regulations. Join
45,000+ bankers and fund managers who get FierceFinance via email for a quick daily briefing from an insider perspective. Sign up today!
Prince Alwaleed bin Talal is not deterred by Citi's nearly 90 percent stock slide. He plans to boost his stake to 5 percent from less than 4 percent, calling the bank's shares "dramatically... Read more...
When is bad news really good news? When the bad news is not nearly as bad as expected, notes the New York Times. You could almost feel the relief wash over the markets as many top banks (excepting Read more...
Meredith Whitney, storied bank analyst at Oppenheimer, has some bad news for equity investors who bet that the worst was over. According to Times Online, she's telling clients that big bank stocks... Read more...