• Ambac and MBIA: Bonds, Jane's Bonds Monday, 4 Feb 2008 | 1:45 PM ET

    Most Americans don’t know the difference between "monoline" and "mononucleosis." Suddenly we’re told the fate of capitalism rests on saving teetering monoline bond insurers from losing their AAA credit ratings. Today I report on how this all relates to you.

  • Singapore GIC Prepared to Adjust UBS Terms: FT Monday, 4 Feb 2008 | 12:57 AM ET

    The Government of Singapore Investment Corp is prepared to adjust the terms of its deal to buy 9 percent of UBS to help the Swiss bank win shareholder approval, its deputy chairman was quoted as saying on Monday.

  • UBS Facing Subprime Banking Investigations: WSJ Sunday, 3 Feb 2008 | 2:15 PM ET

    U.S. government prosecutors are investigating whether Swiss banking giant UBS misled investors by reporting inflated prices of mortgage-backed securities it held despite knowing those valuations had eroded, the Wall Street Journal said Saturday.

  • Banks Attempt to Rescue Ambac, Other Insurers Friday, 1 Feb 2008 | 3:31 PM ET

    Efforts to help bail out troubled bond insurers are escalating, with one group of big banks focusing on a potential rescue of Ambac Financial Group, CNBC has learned.

  • UBS, Credit Suisse Face More Writedowns: Watchdog Thursday, 31 Jan 2008 | 12:37 PM ET

    Switzerland's banking watchdog warned that the country's two largest banks UBS and Credit Suisse could face write-downs in assets beyond subprime, sending their shares spiraling lower.

  • Futures dropped at 8:30 ET because jobless claims numbers higher than expected have somewhat hopes that the nonfarm payrolls report tomorrow will be stronger than expected. There are two noteworthy trends from companies announcing earnings:

  • Stocks Close Lower After Fed Rally Fizzles Wednesday, 30 Jan 2008 | 3:28 PM ET

    A stock rally fueled by the Fed's latest interest rate cut lost momentum in the final hour after CNBC reported that two big bond insurers could be downgraded as early as today.

  • Bank Hit by Rogue Trader Opens Its Own Inquiry Wednesday, 30 Jan 2008 | 1:08 PM ET

    Scandal-hit French bank Societe Generale opened its own inquiry on Wednesday into how it suffered history's biggest rogue trader loss, but resisted heavy pressure to sack its chairman and CEO.

  • S&P Cuts Outlook for European Banks Wednesday, 30 Jan 2008 | 11:33 AM ET

    Standard & Poor's fired a fresh shot across the bows of the battered European banking sector on Wednesday, cutting its outlook on five European banks to negative from stable, suggesting downgrades are more likely.

  • Futures Reflecting Economic Roller Coaster Wednesday, 30 Jan 2008 | 9:18 AM ET

    Roller coaster for futures this morning. First the ADP report was big, anticipating job increases of 130,000 from the nonfarm payrolls report on Friday, way above expectations of 40,000, and moved futures up about 4 points.

  • Finding Bargains in European Financials Monday, 28 Jan 2008 | 11:23 AM ET

    It will take at least a year to assess the impact that the fallout of the U.S. subprime crisis has on the European banking sector, but investors can bottom fish for some good opportunities, analysts said on Monday.

  • A Perfect Storm for Profits? Thursday, 24 Jan 2008 | 7:42 PM ET

    There seems to be a “coalescence” of good news for the market, Cramer says.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.

  • Bankers Looking For Money Not Deals This Year Tuesday, 22 Jan 2008 | 10:33 AM ET
    World Economic Forum in Davos, Switzerland

    Crisis counselling will replace cosy dealmaking at the business and political summit in Davos this year as bankers face a market slump that has aggravated the worst conditions in generations.

  • UBS to Revamp Investment Bank, Start Workout Fund Friday, 18 Jan 2008 | 6:43 AM ET

    UBS, the biggest European casualty of the U.S. subprime crisis, said it was shrinking its investment banking business, cutting staff and drastically downscaling its exposure to risky investments.

  • Singapore's GIC says Citi, UBS Investments Unique Wednesday, 16 Jan 2008 | 5:28 AM ET

    Singapore's biggest sovereign wealth fund said on Wednesday its large investments in banks Citigroup and UBS are unique at a time of financial turmoil and did not represent a strategy shift.

  • Investors Flock to India's Biggest IPO Tuesday, 15 Jan 2008 | 6:15 AM ET

    Indian billionaire Anil Ambani's Reliance Power raised $3 billion within a minute when the country's biggest initial public offering was fully subscribed on Tuesday as investors flock to new issues in the booming economy.

  • UBS, struck with billions of dollars of writedowns on subprime exposures, is trying to persuade investment bankers to stay with the company by allowing them to sell some of their share-based bonuses after just one year, the Financial Times reported.

  • Singapore Does Not Want to Influence UBS Sunday, 13 Jan 2008 | 1:06 PM ET

    The Government of Singapore Investment Corporation (GIC), which is investing 11 billion Swiss francs ($9.97 billion) in UBS, was quoted as saying it does not want influence the running of the Swiss bank.

  • Countrywide Sale Expected to Spur More Deals Friday, 11 Jan 2008 | 4:57 PM ET

    Similar deals are expected to follow Bank of America's agreement Friday to acquire battered mortgage lender Countrywide Financial for a knock-down price of $4 billion in stock.

  • US Stocks Tumble on Economic Fears Friday, 11 Jan 2008 | 4:39 PM ET

    Continued problems in  the credit-card industry that spilled over into the broader markets renewed fears of a recession and sent stocks down sharply Friday, despite hopes for a looming interest rate cut.