Financial Service Industry News

Auto Winners & Losers: General Motors

Domestic and foreign automakers' shares rise.

01/06/09 - 05:23 PM EST

Bernie Bumps Banks from Headlines

CNBC's Dylan Ratigan, host of 'Fast Money' and 'Closing Bell', tells TSC's Debra Borchardt that Bernie Madoff's scandal has taken the heat off the poorly performing bank CEO's.

01/06/09 - 05:05 PM EST

BofA's Lewis Declines Bonus: Report

Bank of America CEO Ken Lewis is recommending that he and other top executives should not receive bonuses for 2008, as the bank's earnings will be below expectations.

01/06/09 - 04:54 PM EST

Today's Outrage: Fed Finally Doing Its Part

The Federal Reserve is a little behind schedule but is still way ahead of the Treasury Department in cleaning up the mortgage mess.

01/06/09 - 08:53 AM EST

Hedge Fund Hell: Fortress Under Siege

Fortress Investment Group has seen its share price sink to about $1, as it faces a bleak outlook for raising capital and retaining investor redemptions.

01/06/09 - 08:35 AM EST

Readers' Picks: TheStreet.com's Top 10

Staff members look at analysts' upgrades and downgrades and Stockpickr talks about Jim Cramer's take on top-searched stocks.

01/05/09 - 06:15 PM EST

Treasury Invests $15B in Seven Banks

Treasury on Monday said it officially invested $15 billion of the $700 billion government bailout fund in seven banks.

01/05/09 - 05:52 PM EST

Top Ten Most Searched Stocks on TheStreet.com

Farnoosh Torabi Details The Most Popular Searched Stocks On TheStreet.com.

01/05/09 - 04:54 PM EST

NY Fed Begins Buying Mortgage Securities

The Fed will start purchasing mortgage-backed securities from Fannie and Freddie as part of a new plan.

01/05/09 - 11:14 AM EST

Synovus Sinks After Stuffing Loss Cushion

Synovus increased its fourth-quarter loan-loss cushion against higher loan charge-offs to $350 million, $100 million higher than it said on Friday.

01/05/09 - 10:52 AM EST

Today's Outrage: Obama Can't Do It Alone

Obama is just one man. Do the rest truly have the will to change?

01/05/09 - 09:10 AM EST

Kass: 20 Surprises for 2009 Redux

Since so many were on vacation last week, I wanted to republish my surprise list for 2009.

01/05/09 - 09:08 AM EST

3 Stocks I Saw on TV

Dan Fitzpatrick examines three stocks viewed on Fast Money. Today's stocks include Apple, Altria Group and General Electric.

01/05/09 - 08:21 AM EST

Failed IndyMac Sells for $13.9 Billion

A seven-member consortium agrees to buy the bank.

01/03/09 - 11:10 AM EST