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How many more banks will fail?

So far this year, regulators have shuttered 77 lenders. That's the most in 17 years, but the number will undoubtedly rise. Bloomberg reports that star bank analysts Meredith Whitney predicts more... Read more...

Mayo pares estimates for Citigroup

Deutsche Bank analyst Mike Mayo has boosted his loss estimate for Citigroup in 2009 by 30 cents to $1 per share. He also cut his 2010 earnings estimate to 75 cents per share from $1.15, according to... Read more...

Level three assets to rise?

Once banks started writing off lots of toxic debt, some thought we'd see a significant decline in level three assets, but that may not necessarily materialize as a trend. JPMorgan said in an SEC... Read more...