- Portfolio Prep for Next Week: 'Don't Get Crazy'
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Surprising Options Trades in TiVo Shares
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
MOST SHARED
- US Shoppers Spent Less Over Black Friday: NRF
- UAE Stocks Tumble on Dubai Woes; Asia Rebounds
- South Korea Sees Exports Bouncing, but Risks Remain
- Dubai's Nakheel Seeks Suspension $5.25 Billion in Bonds
- Japan Won't Intervene to Weaken Yen: Finance Minister
- Dubai is Harsh Reminder of Prolonged Global Recovery
- Japan Industrial Output Edges Up But Yen May Weigh
- Tiger Woods Wants to Protect Family Privacy: Agent
- Portfolio Prep for Next Week: 'Don't Get Crazy'
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- UAE Central Bank Stands by Banks Amid Dubai Crisis
- Dubai's Nakheel Seeks Suspension $5.25 Billion in Bonds
- US Shoppers Spent Less Over Black Friday: NRF
- US Senator Opposes Fed Chief Bernanke Renomination
- A Weak IPO Debut for Las Vegas Sands' Macau Unit
- US Treasury Wants Banks to Do More to Ease Mortgages
- Tiger Woods Accepts Full Blame for Car Crash
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Big US Banks May Be Forced to Raise Capital: Bove
RSS FEED
CNBC Stock Blog
Investment banks look to raise new capital and calm the turbulent waves they've been riding, but the recovery is still a long way off, says Meredith Whitney, executive direct of equity research at Oppenheimer & Co.
Moreover, says the closely watched Whitney, all banks' dividends are in danger of being eliminated due to ongong, protracted difficulties.
"It's a slow bleed. I call this the agony of incrementalism. I wish I could come on here with better news," Whitney told CNBC. (See the full interview in the accompanying video.)
Financial shares took a beating Wednesday after news that Lehman Brothers [LEH
Loading...
()
] may seek another possible capital-raising deal, increasing the intensity of the swirl of concern surrounding the firm.
Lehman has sought capital from Korean banks and could strike a deal later this year, the Financial Times reported.
Merrill Lynch, meanwhile, reversed its call on Lehman, downgrading its rating on the stock, after establishing the "buy" rating last week and reiterating that "buy" rating yesterday.
It was a brutal day all around for banks, with Merrill Lynch [MER
Loading...
()
] itself falling 6.6 percent.








