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80 killed in renewed clashes in northern Somalia: WHOThe WHO said in its latest update that between 154,000 and 203,000 people are estimated to have been displaced since December 2022 in the o...- Caitlyn Jenner not sure if she wants to date men or womenReality TV star Caitlyn Jenner, who was known as Bruce Jenner before gender transition, says she is unsure if she wants to date men or wome...
- Can’t stop banks from risk taking: GeithnerUS treasury Secretary Timothy F Geithner rejected calls to separate banks from risk-taking activities, saying it couldn’t prevent future cr...
- Deutsche Bank foregoes 2008 bonuses due to crisisThe top executives of Deutsche Bank , Germany's largest bank, will forego their bonus payments for 2008 as the first complete management bo...
- Lehman shunts president, CFOLehman Brothers Holdings replaced chief financial officer Erin Callan and president Joseph Gregory three days after the firm raised $6 bill...
- Liquidity is no defense when banks turn cannibalUS and UK regulators are wasting their time threatening traders who profit from speculation about the deteriorating health of the financial...
- Bear Stearns burnt as ex-CEO, bond chief played bridgeAlan Schwartz wasn’t supposed to be running Bear Stearns, and now he is presiding over the 85-year-old securities firm’s sale.
- Citic seeks more stake in Bear Stearns after stock slideCitic Securities, China's top brokerage by assets, is back in talks to get a bigger stake in Bear Stearns as the Wall Street bank's shares ...
- 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...
- Bear Stearns chief to quit on mortgage woesBear Stearns CEO James Cayne plans to resign as the securities firm’s shares languish following unprecedented losses from the collapse of t...
- Goldman CEO gets record $68-m bonusLloyd Blankfein, 53, will receive $26.8 million in cash, and $41.1 million in restricted stock and options. The Modi Phenomenon | Milestone...
- Pandit is Citi's king, but Prince proves 'dumb'Circumstances that made India-born Vikram Pandit CEO of world’s largest bank Citigroup, has made his predecessor Charles Prince’s resignati...
- US bonuses spike 14 pc despite subprime crisisThis might have been one of Wall Street's most dismal years in a decade, but that has not stopped bonus checks from rising an average of 14...
- Subprime crisis: Top execs face the axeMorgan Stanley’s Zoe Cruz is the latest among Wall Street executives to be shown the door.
- Goldman's 9-month executive pay tops Bear Stearns valueWhen Goldman Sachs Group employees cash their year-end checks, they’ll have enough money to buy Bear Stearns. Goldman, the biggest and most...
- China Citic Group likely to bid for Bear Stearns stakeChina Citic Group, the overseas investment arm of the Chinese cabinet, may buy a stake in Bear Stearns, the US securities firm hit the hard...
- Joseph Lewis buys 7% in Bear StearnsJoseph Lewis, the British-born, Bahamas-based currency trader who has amassed holdings in companies including auctioneer Christie’s Interna...
- Bear Stearns cuts jobsBear Stearns moved to cut jobs at two home-lending units because of the housing slump.
- Bear Stearns Q4 profit up 38%Bear Stearns, bolstered by higher trading and investment-banking revenue, said profit rose a better-than-expected 38% to a record in the fo...
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