CNBC news from FierceFinance
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Lehman's latest worry: Neuberger Berman execs
Lehman Brothers already has a lot to worry about, so what's one more thing? CNBC reports that Neuberger Berman executives, led by Read more...
Wells Fargo on a roll?
On the institutional side, has anyone really sailed through the credit crunch? The conventional wisdom used to be that Goldman Sachs and JPMorgan Chase had, but that may be premature. Relatively Read more...
Ex-CNBC anchor still seeking hedge fund glory
Remember Ron Insana, the one-time CNBC anchor. Recall that he left the network in 2006 to pursue a career in the hedge fund industry. He formed a fund-of-funds, Read more...
Lehman in talks with BlackRock again
Back in June, it was reported that Lehman Brothers was in talks with BlackRock about various mortgage-related securities. No deal ever emerged. Now comes word from CNBC that the two are once again in Read more...
Tough situation getting worse for Lehman Brothers
The conventional wisdom is that Lehman Brothers will not implode the way Bear Stearns did, thanks mainly to its access to the Fed credit facility. But as one Lehman Read more...
JPMorgan Chase slashes investment banking execs
CNBC reports that JPMorgan Chase has axed a lot of investment bankers, reflecting the realities of the market. About 200 executives were cut. Read more...
SPOTLIGHT: Morgan Stanley and UBS job cuts
Morgan Stanley is expected to pare another 5 percent from its workforce, according to CNBC. That amounts to about 1,500 workers. Read more...
10 days that shook Wall Street
The implosion of Bear Stearns was nothing if not stunning for its sheer speed. Fortune offers an interesting reconstruction of the final 10 days. It still amazes me Read more...
Will directors pay for financial company sins?
Annual meeting season is upon us, and a big theme this year will be whether shareholders will vent any real anger at large bank directors. Shareholders have plenty to be mad about. So far, Read more...
Top banks go bargain hunting
CNBC notes that more top banks seem to be on the lookout for bargains. Lehman Brothers CFO Erin Callan suggests that the price plunge of many securities has been "driven by many technical Read more...