Japan's Nomura Holding is considering acquiring a stake in U.S. investment bank Lehman Brothers, the Japanese daily Yomiuri Shimbun reported on Saturday.

Regulators closed Silver State Bank on Friday, the 11th U.S. bank to fail this year as the struggling economy and falling home prices take their toll on financial institutions.

John McCain becomes the official Republican presidential nominee while strategists tell investors to take advantage of the gloomy economy by buying the market. Following are today's top videos:

Settlement negotiations between lawyers representing former AIG chief Hank Greenberg and the New York Attorney General are at a stalemate.

Merrill Lynch, battered by more than $40 billion of write-downs tied largely to mortgages, will likely incur fresh write-downs, in addition to those assumed after its recent sale of repackaged debt to Lone Star Funds, said an analyst at Goldman Sachs, who cut the stock to a "sell."

Troubled by the Bear Stearns debacle, former Federal Reserve Chairman Alan Greenspan is advocating a new way of dealing with government bailouts of companies whose sudden collapse could wreak havoc on the country's economic and financial stability.

The European Central Bank on Thursday unveiled tougher rules on the assets banks can submit as collateral in central bank lending operations after concern its rules have been open to misuse.

U.S. private equity house Lone Star is seriously considering suing the South Korean government if it delays approval beyond September of the firm's $6.3 billion sale of shares in a local bank, a newspaper reported on Friday.

The U.S dollar slipped from 11-month highs against the euro on Friday, after government data showed the U.S. economy lost jobs for the eighth straight month and the unemployment rate jumped.

"There is no bull market!" declares Bill Gross while GOP vice-presidential nominee Sarah Palin's powerful speech at the Republican National Convention on Wednesday night impresses Republicans and many swing voters. Following are today's top videos:

Pimco bond chief Bill Gross said he and other big investors are avoiding buying bank debt until the Treasury Department takes steps to shore up the financial system.

JPMorgan Chase said it is shuttering a unit that structured interest rate swaps for municipal borrowers, as regulators scrutinize the bank's role in the business.

As the U.S. labor market continues to tighten, it's no wonder that more Americans are worried about their job security.

Natixis, France's fourth largest listed bank, set a 2.25 euro price for its 3.7 billion euro ($5.35 billion) rights issue on Thursday, representing a discount far deeper than many analysts had expected.