Reuters news from FierceFinance

Here's another interesting story from the PR front (PR news). You never know how an enterprising reporter is going to come up with a scoop. For a Reuters reporter, a big one landed in his lap while... Read more...

More good news for private equity (private equity news) firms. The collateralized loan obligation market seems poised for a recovery. Reuters reports that three new CLOs are in the works, after the... Read more...

The term "bonus" has taken on a certain connotation on Wall Street, and that has the top firms searching for euphemisms. Reuters took a look at some Goldman Sachs' (GS) filings recently and noted... Read more...

In addition to investment banking, Bruce Wasserstein had at least one other major passion: Journalism. His media properties included the likes of New York magazine and The Deal. Reuters notes his... Read more...

For a brief moment, the SEC and Bank of America were strange bedfellows in an attempt to persuade Judge Jed Rakoff that their $33 million shareholder-paid fine was a good way to settle charges that... Read more...

Goldman Sachs has fared better than most banks in the financial crisis. Which may make any restrictions on pay even more difficult to take. So there's a lot of chatter right now about what steps... Read more...

Reuters has taken a close look at Goldman Sachs's latest 10Q and come up with something interesting: Goldman reported a second-quarter net unrealized loss of $1.4 billion on its Level 3 derivatives.... Read more...

In the second quarter, Bank of America booked a $3.5 billion after-tax gain on the sale of part of its stake in China Construction Bank Corp. That allowed its non-domestic operations to post a $3.4... Read more...

In the wake of the stress tests, one would think that banks are in good shape, from a capital point of view. But in the back of many peoples' minds was an unmentionable scenario: Banks buffeted by... Read more...

How things have changed. Bank revenue from capital market operations, mortgage banking and an improving net interest margin will drive decent second-quarter bank earnings, according to analysts at... Read more...