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  • HSBC Restructures 2 SIVs, Provides $35 Billion Funding Monday, 26 Nov 2007 | 10:12 AM ET

    HSBC Holdings, Europe's biggest bank, has stepped in to support its two structured investment vehicles -- Cullinan and Asscher -- with funding of up to $35 billion to prevent forced sales of assets.

  • Stocks Rally, Led by Retailers, Financials Friday, 23 Nov 2007 | 2:19 PM ET

    Stocks closed higher in a shortened session as the kickoff to the holiday shopping season lifted retail stocks, while signs of progress in a plan to relieve credit market strain helped major banking stocks.

  • Three U.S. Banks to Ask Others for Superfund Help Friday, 23 Nov 2007 | 11:43 AM ET

    Three U.S. banks drawing up a plan to ease the credit markets are expected to ask others in the industry to help out next week, the Wall Street Journal reported in its online edition, citing sources familiar with the situation.

  • US Mortgage Losses Could Be $300 Billion: OECD Wednesday, 21 Nov 2007 | 10:18 AM ET

    Overall losses from the U.S. mortgage market crisis could be up to $300 billion but financial firms and policymakers need to buy time to ensure an orderly work-out, the Organization for Economic Co-operation and Development said on Wednesday.

  • BlackRock Set to Manage SuperSIV Fund: Report Wednesday, 21 Nov 2007 | 3:38 AM ET

    Asset manager BlackRock is set to be signed up as the manager of a $75 billion fund being put together by U.S. banks to help struggling structured investment vehicles (SIVs), the Financial Times said, without citing the source of the information.

  • Chrysler $4 Billion Loan Sale Postponed: WSJ Tuesday, 20 Nov 2007 | 2:00 PM ET
    2007 Chrysler 300

    A $4 billion sale of loans being raised by automaker Chrysler following its takeover by buyout firm Cerberus has been indefinitely postponed, the Wall Street Journal reported.

  • Financial Sector Faces More Housing Woes: Goldman Tuesday, 20 Nov 2007 | 9:51 AM ET
    A foreclosed home for sale.

    Goldman Sachs issued a gloomy report on the financial services sector, saying housing prices are likely to fall further and write-downs will mount.

  • UBS Shares Wobble on Subprime Concerns Tuesday, 20 Nov 2007 | 7:28 AM ET

    Shares in Swiss-based bank UBS tumbled temporarily on Tuesday on renewed fears the group may have to make more hefty writedowns for exposure to assets hit by the subprime crisis.

  • Asian Stocks Close Mixed, Volatile Trading Tuesday, 20 Nov 2007 | 5:08 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Trading proved volatile in the afternoon Asia session Tuesday with markets see-sawing and in out of the black.  Australia and South Korea ended lower, but a late turnaround pushed Japanese stocks out of the red with the Nikkei closing 1.1 percent higher.

  • Market Insider/Tuesday Look Ahead Monday, 19 Nov 2007 | 4:49 PM ET

    One of my mother's favorite lines is the one about not saying anything if you can't think of something nice to say. Well that was the story of the markets Monday. What a day of angst. Look at this headline from a note sent by MF Global's Andy Brenner Monday afternoon: "The market has traded like a crazed man with no liquidity." Yikes.

  • Hundreds Of Stocks Hit August Lows: Which Way Is Up? Monday, 19 Nov 2007 | 4:17 PM ET

    Markets at the close ending at the lows again. Fourth 200 point decline in the Dow this month. More than 300 stocks at the NYSE hit new lows today, the highest level since the August lows. Technicals have now become very important, with the S&P slipping below last week's low.

  • Stocks Plunge on More Credit, Housing Woes Monday, 19 Nov 2007 | 4:09 PM ET

    Stocks closed sharply lower after a brokerage downgrade of Citigroup sparked concerns that there may be more mortgage losses to come, raising doubts about the outlook for the economy.

  • Citigroup Gets 'Sell' Rating, May Face $15 Billion Hit Monday, 19 Nov 2007 | 12:05 PM ET
    The Citibank logo is shown on a branch office Wednesday, April 11, 2007 in New York. Citigroup Inc., which includes Citibank, announced Wednesday that it will eliminate about 17,000 jobs as part of a companywide restructuring to reduce costs and improve profits. (AP Photo/Mark Lennihan)

    Goldman Sachs downgraded Citigroup to "sell" from "neutral," and said the largest U.S. bank may have to write off $15 billion over the next two quarters as mortgage losses reduce earnings.

  • Europe Shares Close Lower, Financials Drag Monday, 19 Nov 2007 | 11:53 AM ET

    The major European indexes ended firmly in the red Monday, despite a positive start to the trading session, as financial, basic resources and auto-maker stocks fell sharply.

  • Stocks Weaker On Lowe's Guidance, Citi's Downgrade Monday, 19 Nov 2007 | 9:29 AM ET

    Stocks a bit weaker this morning as Lowe's joins JC Penney, Kohl's, and Ann Taylor in lowering guidance...down 4% pre-open, and Goldman downgrades Citi to a sell, saying it may have to write off $15 billion in debt losses over the next two quarters. With all that has happened to Citi, traders griping this is a little late, down 4% pre-open.

  • Northern Rock CEO Steps Down Sunday, 18 Nov 2007 | 1:05 PM ET

    Ailing British bank Northern Rock said Chief Executive Adam Applegarth had quit and it had streamlined its board as two suitors confirmed they had made proposals to buy or revive the bank and repay its loans.

  • Stocks Rally at Close, Ending Volatile Week Friday, 16 Nov 2007 | 6:06 PM ET

    Stocks rebounded in the final minutes to close higher, ending another volatile week dominated by worries about a credit crunch and slowdown in the economy.

  • Proposals for Northern Rock Due Friday, 16 Nov 2007 | 6:26 AM ET

    Prospective bidders are due to submit their final proposals Friday for mortgage lender Northern Rock, Britain's biggest casualty of the global credit crisis.

  • Fast Money Mail - We Answer Your Questions Thursday, 15 Nov 2007 | 6:32 PM ET

    Time to dip into the Fast Money mailbag and answer more of your questions. Michael writes, “Is it safe to get back in Crocs (CROX)? I think Karen was high on it last week, but is it now finally time to start buying back some

  • Stocks Close Lower On More Credit Worries Thursday, 15 Nov 2007 | 6:08 PM ET

    Stocks closed sharply lower as investors remained skittish about the housing slump's toll on the economy and potential credit losses at big financial services companies.

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