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BEAR STEARNS COS
- JPMorgan CEO blasts banks, regulatorsJPMorgan CEO Jamie Dimon blames banks and regulators for letting consumers amass debt like 'weapons of mass destruction,' leading to the gl...
- JPMorgan cuts investment banking jobs: sourcesJPMorgan Chase & Co is cutting about 10 pc of its investment banking staff as the credit crunch and slowdown in the economy bite into bank ...
- JPMorgan to cut 75 trading positionsJPMorgan Chase & Co is closing down a 75-person group that traded the bank's own money in everything from stocks to commodities, a person f...
- Government ends oversight for Wall Street banksThe Securities and Exchange Commission said Friday it was ending a program of voluntary oversight for Wall Street investment banks that its...
- Greenspan: Tough decisions await in Lehman caseWithout offering a recommendation, former Federal Reserve Chairman Alan Greenspan said on Sunday the government faces tough choices as it t...
- JPMorgan profit dives 52%JPMorgan Chase & Co, the largest US bank by market value,announced that its profit fell 52%.
- Buffett sees no bank panic, but expects more lossesWarren Buffett on Sunday said he does not expect financial markets to panic as write-downs and losses for bad debts mount in the financial ...
- Bear Stearns, Deloitte sued over hedge fund lossesThe liquidators of two Bear Stearns Cos mortgage hedge funds that collapsed last year, filed suit on Monday against the company and its aud...
- Rumours take toll on Lehman stockShares of Lehman Brothers fell by nearly 10% in early New York trading on Thursday on rumours that the fourth largest US investment bank co...
- HCL Tech's infrastructure deal with Bear Stearns in troubleIndia’s fifth-largest technology firm HCL Technologies' infrastructure management deal with the company faces an uncertain future. BPOs spr...
- JPMorgan raises Bear Stearns bid to $10 a shareJPMorgan Chase & Co has raised its all-stock offer for Bear Stearns Cos to about $10 a share, roughly five times its original bid, and stru...
- JPMorgan to raise offer for Bear StearnsJPMorgan Chase & Co is in talks to increase its offer for Bear Stearns Cos to $10 per share in an effort to pacify angry shareholders of Be...
- Culture of risk on Wall Street not seen changingWall Street investment bankers got another lesson about the dangers of risk-taking this past week with the downfall of Bear Stearns Cos.
- Polaris could be hit by Bear Stearns saleMarket sources said Bear Stearns is the second-largest client for Polaris in terms of revenue. But this could not be confirmed independentl...
- Oil prices steady above $106 a barrel after overnight plungeOil prices steadied on Tuesday in Asia after falling more than US$4 a barrel overnight as investors worried the sale of Bear Stearns Cos. i...
- Fed Reserve aid to Bear Stearns could usher further bailoutsExperts say Federal Reserve's intervention on behalf of Bear Stearns Cos augurs more govt bailouts as the crisis worsens.
- Bear Stearns bailed out by Fed, JPMorganThe Fed responded swiftly to pleas from Bear Stearns that its coffers had "significantly deteriorated" within a 24-hour period. How to pick...
- Cayne out as Bear Stearns CEOBear Stearns Cos said on Tuesday that Chief Executive James "Jimmy" Cayne will give up control of the fifth-largest US investment bank amid...
- Bear Stearns' Cayne gives up CEO positionBear Stearns Cos. Chief Executive James ``Jimmy'' Cayne will give up day-to-day control of the fifth-largest US investment bank amid unprec...
- ABN to raise 500 mn dlr in AsiaABN Amro Holding NV, the biggest Dutch bank, expects to sell $500 million of commodities products to investors in Asia this year.
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