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Bank of America Corp. could eventually shrink its 6,100-branch network by about 10 percent as consumers choose other methods of banking, a company spokesman said Tuesday. ...more
July 29, 2009
In his first full day on the job, Washington Mutual Chief Executive Officer Alan Fishman pledged to return the Seattle savings-and-loan to profitability even as investors grew more doubtful about its prospects. ...more
September 10, 2008
Congress' plan to allow people to refinance into more affordable mortgages won't just relieve thousands of homeowners - it's also expected to save the banks that issued the loans billions of dollars. ...more
July 29, 2008
Last week, Lutz-based banking analyst Richard Bove was in hot demand by media outlets eager to know how safe the nation's banks really are. ...more
July 22, 2008
Customers storming George Bailey's building and loan in the 1946 classic "It's a Wonderful Life" might seem more likely today, given the run on California-based IndyMac this week. ...more
July 17, 2008
Investors bailed out of investment bank stocks Monday as concerns about the credit crisis prompted one analyst to call for Lehman Brothers Holdings to go private. ...more
July 15, 2008
Stan O'Neal's legacy will be cemented as the $8 billion man. That's about the size of the massive write-down Merrill Lynch & Co. had to take during its just-ended quarter, which has ruined the reputation of the investment bank's CEO. ...more
October 31, 2007
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