Wall Streeters traded their Bloomberg terminals for guitars and sunglasses to rock out for a good cause this week.» Read More
Stocks rebounded to close mixed amid worries over the economy and geopolitical tensions.
Citigroup's new Chief Executive Vikrum Pandit continues to work on a restructuring program, the details of which will likely be announced next week, according to people familar with the plan.
Goldman Sachs is close to completing a $29.5 billion financing package to be used by suitors for British lender Northern Rock, the Sunday Times reported, adding details may be unveiled this week.
Shares in Swiss bank Credit Suisse fell by around 3 percent on Monday after a Swiss newspaper reported the bank faced writedowns in its commercial mortgage and leveraged-finance business.
The legendary investor just finished his second bad year in a row. So LM's a sell. But there's more to it than that, Cramer explains.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Options are betting Citi's dividend drops, Jon Narian says.
Stocks closed little-changed ahead of Friday's jobs report after ringing in the new year with a record decline.
After getting burned by billions of dollars in losses from the mortgage meltdown, financial giants like Merrill Lynch and Citigroup are gearing up for major job cuts.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
What’s in store for financials in ’08? Find out from a guy who has his ear to the ground and his nose to the Street!
Stocks had one of their worst opening days ever after getting slammed by $100 oil and bad news for manufacturing and the credit industry.
Citigroup layoffs are expected to begin next week, according to people familiar with the matter.
The stock market is off to a fitful start on this first trading day of 2008, not necessarily a good omen for the year if you believe soothsayers. ISM manufacturing data, released at 10 a.m., took an already waffling market lower.
Financial stocks have taken a beating -- but have they reached bottom? Jon Hilsenrath, money and investing news editor at The Wall Street Journal and a CNBC contributor, pointed to five bank stocks that savvy investors need to watch closely this year.
Understanding the performance of the stock market in 2007 comes down to one word: subprime.
Citigroup and Merrill Lynch were the world's top underwriters of stocks and bonds in 2007, measured by volume and reported fees, despite being at the epicenter of the global credit crisis.
The credit crunch and housing crisis led to some high-profile firings, most notably Merrill Lynch's Stan O'Neal and Citigroup's Chuck Prince. Still, while they lost their jobs, these executives didn't lose their shirts.
A contrarian investment strategy known as "Dogs of the Dow" has been a laggard this year, pulled down by Citigroup, one of the biggest casualties of the subprime credit meltdown.
Stocks finished little-changed after another up-and-down session.
Berkshire snaps up the Dutch bank's reinsurance company, NRG, for $435.2 million, while Citi and HSBC are reportedly also interested in shedding parts of their businesses.