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 American Banker has announced its banker of the year: Bank of America CEO Ken Lewis. Now some of you might argue that this would have been a good year to simply not give an award. Others might... Read more...
The banks that received federal money in the first tranche were pretty much told not to sit on it. They have to deploy it somehow. So that raises the question: How? You would have to think all of... Read more...
Is Jamie Dimon--who benefited greatly from the crisis; he's now seen as the government's go-to guy--trying to ward of more regulation? It's been suggested that a new Sarbanes-Oxley-like set of rules... Read more...
People are still talking about JPMorgan's disclosure in a recent 10q that it lost about $1.5 billion due to collateralized debt obligations. A MarketWatch columnist notes that the loss occurred in... Read more...
Breakingviews notes that a lot of CEOs should "now help themselves to generous portions of the sanguine words they have uttered over the last few months." Lehman... Read more...
As soon as Jaime Dimon went off on short sellers (see next item), the SEC took the unusual step of issuing a warning that it is taking hard look at rumor mongering to manipulate securities prices.... Read more...
Normally, a recommendation letter from the CEO of a top Wall Street firms would be much coveted, perhaps a deciding factor in landing a job. But what if the CEO was sending such letters out en masse,... Read more...
After the Microsoft-Yahoo nondeal rewrote the league tables for the year, here comes another big technology deal with big implications for the standings. The New York Times notes that Read more...
The most powerful business people on the planet. You might think that the financial world would be well represented. Perhaps two years ago, they would have been more plentiful on the list. But only... Read more...