Banks hit by losses from Citi hedge fund, insurance policies (at MarketWatch)

Two regional banks confirmed Tuesday that they have lost more than $600 million from investments tied to a Citigroup hedge fund that got clobbered during the credit crunch earlier this year.

Target Takes A Tumble (at Forbes.com)

Banks clobbered by losses from Citi hedge fund, insurance policie (at MarketWatch)

Two regional banks confirmed Tuesday that they have lost more than $600 million from investments tied to a Citigroup hedge fund that got clobbered during the credit crunch earlier this year.

Wells Fargo ends student loan consolidation (at bizjournals.com)

Whitney: Credit Crisis Will Run Into 2009 (at Forbes.com)

Wachovia Securities expands product offering (at bizjournals.com)

[video] Cramer: Wachovia’s Golden Days Over (at TheStreet.com)

JPMorgan to retain 45 percent of Bear employees (AP)

JPMorgan Chase & Co.’s chief executive confirmed Tuesday that the bank will be keeping nearly half of the employees at Bear Stearns Cos., the struggling investment bank that JPMorgan agreed to buy in March.

Foreclosure filed against Hyatt Regency ownership (at bizjournals.com)

ING Americas Contributes $100,000 to China Disaster-Relief Efforts (PR Newswire)

ING Americas today announced it is contributing $100,000 to support earthquake-relief efforts focused on the Sichuan Province in China through its charitable arm, the ING Foundation.

« Older Posts — Newer Posts »