Tag:
loan portfolio
Latest Headlines
Latest Headlines
New finance companies emerge for smaller companies
In the wake of the financial crisis, people often lament the decline of financing opportunities for small- to medium-sized companies. Even with rates at historic lows, the supply of credit just isn't there. But that spells opportunity for some people. TheDeal.com takes a look at three upstarts
Why hasn't Wells Fargo paid back TARP debt?
Dick Kovacevich made headlines when he called the government stress tests " asinine ." He heaped a lot of invective on TARP and boasted that if it weren't for the TARP, "we would have been able to raise private capital at that time, and with that private capital, given what is going on today, it
Citigroup loses battle to buy Wachovia
In the end, Citigroup decided to give up on Wachovia entirely, even though there were signs that the Fed wanted to somehow divvy up the bank. The parties apparently could not agree on how to divide the Wachovia's most troublesome assets, including its risky mortgage-related debts. Citigroup appare
What's up with Wachovia?
First a CEO, now loan portfolios? After Wachovia ousted Ken Thompson, it reportedly hired Goldman Sachs to help it find a new CEO--an odd move to be sure, given the executive headhunting specialists out there. Now comes word that Wachovia has hired Goldman again, this time to advise on its
