Quite possible. Bank of America will on Friday receive $20bn in fresh capital from the US government and a guarantee on most of a further $1...

The banking system continues to reveal more ugly creases and cracks than an old hag with her make up off. The latest to take a look at herse...

Some of the job cut announcements coming out now are because of the weak economy, but companies are also taking advantage of the recession t...

Please sit down before you read this. If you have high blood pressure or heart trouble don't even try to read this, find a decent sports...

The Bush administration summoned executives from leading banks to a meeting in Washington Monday afternoon to work out details of the $700 b...

The factors to monitor in the morning are near overwhelming. To start, we have an FOMC meeting. Will the Fed cut rates? Henry Paulson is sch...

Has Bank of America Chairman Ken Lewis come to his senses? Has the ether Merrill Chairman John Thain slipped Lewis during his sales pitch to...

On its conference call this morning, Bank Of America/Merrill Lynch said that as part of their merger they will be able to save $7 billion an...

Ten of the world's biggest banks on Sunday committed to establish a $70 billion borrowing facility to bolster worldwide liquidity. Each ...

In a rushed bid to ride out the storm sweeping American finance, 94-year-old Merrill Lynch & Co. agreed late Sunday to sell itself to Ba...

Bank of America and Merrill Lynch & Co. Inc. are in merger discussions, according to WSJ. The talks come amid a Wall Street scramble to ...

As of 11:31 PM ET Saturday evening, WSJ is reporting that no resolution has been reached in the Lehman crisis. The problem appears to be in ...

According to Dealogic, borrowing needs for the top 10 banks from maturing bonds total $27bn in August, $52bn in September, $23bn in October,...

Bank of America Corp. reported today that it has received subpoenas and requests for information from various state and federal regulators r...

Oppenheimer & Co.'s Meredith Whitney, the analyst who, very early in the game, correctly predicted Citigroup would reduce its divide...

In posts below we detailed the curious meetings between the Federal Reserve and private equity funds such as Carlyle Group, on the attempts ...