Bank of America, the biggest US bank, is expected to post its fourth straight quarterly operating profit thanks to the same credit improvement that helped rivals such as Citigroup... more
AIG agrees a plan with the US government to repay its $182.3 billion bailout, just over two years after it was rescued from the brink of collapse... more
As is usual, Goldman Sachs boss Lloyd Blankfein does not field questions at the quarterly results, leaving those duties to chief financial officer David Viniar... more
The US government today declared its Tarp programme, which saw taxpayers guarantee the value of duff loans made by banks, will be $200 billion (£121.8 billion) less costly than expected... more
Throughout the past year, there has continued to be shock in the City at the demise of Lehman. And it hasn't really abated - the bank's former London office at Canary Wharf still wears a sombre air... more
Bank of America, the owner of troubled investment bank Merrill Lynch, is looking to pay back some of the billions of dollars in federal bailout aid it has received in an effort to get out from underneath the US Government’s thumb, reports said ... more
JP Morgan bankers joined their peers at Goldman Sachs on course for record pay and bonuses this year, as the US bank unveiled strong second-quarter earnings
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The American banking industry will undergo a radical shake-up tonight, as the government made it clear which institutions it regards as strong and which as fundamentally weak ... more
London-based bankers working for America's giant investment banks moved a step closer to seeing bonuses return to normal after another fundraising spree by their employers... more
Barclays, Credit Suisse and Deutsche Bank are emerging as the biggest beneficiaries in London from the crisis ripping through US banks as they move to hire some of the capital's best bankers ... more
After months of watching their husbands pilloried in public, the wives of the bankers and fund managers in the forefront of Wall Street’s crisis have found a voice... more
Goldman Sachs certainly put the cat among the pigeons when it released its first-quarter numbers on Monday night. That was nearly 24 hours ahead of schedule, and many of us thought we were still on our Easter break. ... more
Banking: Banking giant Citigroup has been shamed into pushing $36.5 billion from funds it has received from the US taxpayer into consumer and mortgage loans, raising hopes that at last the banking system could start moving again... more
Engineering: The US Treasury unveiled the scale of its latest Detroit rescue package, agreeing to pump $6 billion into General Motors' finance company GMAC... more
Banking: Banking executives at Morgan Stanley and Merrill Lynch have become the latest senior bankers to give up their bonuses this year as the global financial crisis bites... more
Well, at least we can’t claim there’s nothing to choose between our big banks. From a position of grand uniformity, with the occasional playful pretences at competition, adversity has spawned diversity. Suddenly, each one now looks quite different from the others... more
Banking: Banks in the US, receiving billions of dollars in taxpayer bailouts, owe their executives more than $40 billion in pay and bonus deals racked up before they hit the rocks... more
More related topics: Troubled Assets Relief Program and
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
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