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News

Citigroup takes aim at star analyst

Mike Mayo, a well-known name in the bank stock analyst world, has long been an bête noire at Citigroup (NYSE: C). The latest: The CLSA analyst has angered executives because of his view, which... Read more...

Lehman investigation focuses on Erin Callan

Erin Callan (Erin Callan news) tried to start a new life away from the harsh glare that was so unkind to her on Wall Street. But can she escape the consequences of her ill-fated stint as chief... Read more...

Madoff associate rewarded for cooperation

Frank DiPascali, the longtime employee of Bernard Madoff (Bernard Madoff news) who rose to be his chief financial officer (CFO news), faces up to 125 years in prison, but "it is likely his... Read more...

Did Bernie Madoff have an affair?

Even in jail, the Bernard Madoff news keeps coming, and there's no end in sight. The latest is Sheryl Weinstein's account, "Madoff's Other Secret: Love, Money, Bernie and Me," will be published Aug.... Read more...

Morgan Stanley to bounce back quickly?

What to make of Morgan Stanley's three consecutive quarterly losses? Clearly its efforts to remake itself are hitting some speed bumps. Citigroup analyst Keith Horowitz met with Morgan Stanley Chief... Read more...

FDIC planning to oust Pandit?

When the government effectively ousted GM CEO Rick Wagner, a lot of people wondered why bank CEOs escaped a similar fate. My sense was that the bank CEOs were willing to toe the line to save their... Read more...

Goldman Sachs executives to forego bonuses

Lawmakers are livid that TARP funds may be contributing to big bonuses at some banks. And that has put some banks in a very awkward position. Goldman Sachs has responded by deciding that the top... Read more...

Goldman wants to buy up to $50 billion in bank assets

Goldman Sachs loves playing the role of white knight. It now say it is willing to commit up to $50 billion to buy bank assets. Goldman plans to talk to regulators to identify appropriate... Read more...

Goldman Sachs co-presidents fare well

Lloyd Blankfein, Goldman Sachs' CEO, made $68.5 million last year in salary, bonuses and grants. But his co-presidents, Gary Cohn and Jon... Read more...

Press Releases

U.S. Global Investors Announces FY10 Earnings Webcast

SAN ANTONIO--(BUSINESS WIRE)-- U.S. Global Investors, Inc. (NASDAQ: GROW) will host a webcast on Friday, September 10, 2010, at 10 a.m. Central time to discuss the company’s earnings for the quarter Read more >>

KeyCorp to Present at the Barclays Capital Global Financial Services Conference

CLEVELAND, Sept. 1 /PRNewswire-FirstCall/ -- KeyCorp (NYSE: KEY) announced today that Vice Chair of KeyCorp Beth E. Mooney and Chief Financial Officer Jeffrey B. Weeden will present at the Barclays Read more >>

Invesco Mortgage Capital Inc. Presenting at JMP Securities Financial Services & Real Estate Conference on September 29, 20

ATLANTA--(BUSINESS WIRE)-- Invesco Mortgage Capital Inc. (NYSE: IVR) is scheduled to present at the JMP Securities Financial Services & Real Estate Conference to be held in New York City, NY on Read more >>

Symetra Financial CEO Tom Marra and CFO Margaret Meister to Present at KBW Conference on Sept. 7, 2010

BELLEVUE, Wash.--(BUSINESS WIRE)-- Symetra Financial Corporation (NYSE:SYA) President and Chief Executive Officer Tom Marra and Chief Financial Officer Margaret Meister are scheduled to present at Read more >>

Collectors Universe to Announce Fourth Quarter and Full Year Fiscal 2010 Financial Results on September 8th

NEWPORT BEACH, Calif., Aug. 30 /PRNewswire-FirstCall/ -- Collectors Universe, Inc. (Nasdaq: CLCT), a leading provider of value-added authentication and grading services to dealers and collectors of Read more >>