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!
The Lehman Brothers news, the AIG fiasco and the Merrill Lynch deal offer up quite a cocktail for the markets to digest. It's fair to say that there's a lot of acid in stomachs out there, still.... Read more...
Is anyone really afraid of another Bear Stearns? I don't think we'll get another rumor-driven failure. The Fed's new facilities make that... Read more...
A lot has been made of the mini-rally in bank stocks not so long ago. It's looking more and more like a dead-cat bounce rather than anything meaningful. For another look at how market participants... Read more...
UBS's "fall from grace," as the Financial Times puts it, was nothing short of stunning. The funny thing is, that it was bound and determined not to be undone like this. Way back in 1988,... Read more...