Bank of America Cutting 35,000 Bank of America said it will eliminate 35,000 jobs over the next three years because of the poor economy and duplications created through its merger with financial services company Merrill Lynch & Co. Inc. ...more

December 12, 2008

When shareholders vote on Bank of America Corp.'s acquisition of Merrill Lynch & Co. today, they are expected to transform the bank into a business befitting its name and change the face of Wall Street. ...more

December 5, 2008

Banks borrowed in record amounts from the Federal Reserve's emergency lending facility over the past week, but investment banks drew loans at a slightly lower, but still brisk, pace. ...more

October 24, 2008

The government came to the American people saying, "The sky is falling." ...more

October 16, 2008

Morgan Stanley got a much-needed cash infusion on Monday, raising $9 billion by selling preferred shares to the Japanese bank Mitsubishi UFJ Financial Group Inc. ...more

October 14, 2008

For Citymeals-on-Wheels, a nonprofit group that delivers food to homebound New Yorkers, the Wall Street crisis already means 100,000 fewer meals will be delivered to people who need them. ...more

October 6, 2008

UserNameCheck.com When you think up that perfect new handle for storming social networks and other registration-only sites across the Web, run it through UserNameCheck.com first. The application's purpose is simple: to tell you whether that name is already in use at a pretty impressive list of sites, from Delicious and Digg to eBay and Xbox Live. The list of checks can take some time, so grab a cup of coffee. ...more

October 6, 2008

American International Group said Friday it plans to sell a number of business units to pay off its massive government loan. ...more

October 4, 2008

Even on a day when the financial world was collapsing, he looked every bit the part of the successful financier as he stood before the crowd of Tampa business men and women. ...more

October 1, 2008

JPMorgan Chase's Thursday night takeover of troubled lender Washington Mutual Inc. didn't erase the dread of some borrowers, including Rick Howell of Tampa. He had a $169,000 equity line of credit with WaMu. ...more

September 27, 2008