New York Insurance Superintendent Eric Dinallo said it may make sense to discuss regulating certain segments of the credit derivatives market as if they were insurance products.

Italian luxury brands Prada and Ferragamo look likely to wait for better market conditions to list their shares, probably after the summer, financial sources said, but competing timing could hurt their plans.

MBIA, the world's largest bond insurer, posted a quarterly loss of $2.4 billion on Monday as it took charges on billions of dollars of exposure to bonds linked to subprime mortgages.

HSBC writes down $3.2 billion in bad debt and says 5% of US mortages are 2-months or more overdue. But profit, shares rise.

General Electric's decision this week to no longer lend consumers money to buy motorhomes and boats was more bad news for the recreational vehicle and boat industry.

Citigroup, the largest U.S. bank, said Friday said it aims to shed $400 billion of assets over the next two to three years, in a drive to become more efficient.

Lenders would be required to tell consumers when they are being offered less favorable terms based on poorer credit scores under new rules proposed on Thursday by the Federal Reserve and the Federal Trade Commission

The chairman of the U.S. Securities and Exchange Commission said the agency plans to require the top investment banks to publicly disclose their current liquidity and capital positions.

Wall Street seems to have concluded that the worst of the credit crisis is over and investors are looking to better economic times ahead, but Main Street is sending the opposite signal.

Corporate travails are a boon for firms that offer restructuring services to struggling companies

Chief executives from around Europe discussed their companies' earnings, opportunities and the challenges they face in 2008 with CNBC Europe Wednesday.

This is a timeline of the European Central Bank's rate decisions from 2007 to date.

Applications for mortgages rose, fueled by a jump in demand for refinancing and home purchase loans as interest rates dropped.

Target says it is selling an interest in its credit-card receivables business to JPMorgan Chase for about $3.6 billion.

US banks kept tightening lending standards and terms for both business and consumer loans over the past three months out of concern about a weakening economic outlook.