AIG, Greenberg Settle Disputes
AIG said Wednesday it has resolved longstanding disputes with ex-Chairman and CEO Maurice 'Hank' Greenberg and another former executive, and agreed to pay up to $150 million in the duo's legal expenses.
05:25PM 11/25/09
Bank of America Ensnared in Legal Web Over Ocala
Bank of America's legal entanglements related to the fallout from two banks and a related special purpose vehicle is indeed a tangled web.
01:51PM 11/25/09
SBA Runs Through Stimulus Cash
The Small Business Administration has run through its $375 million in stimulus cash in less than nine months -- a sign of how desperate small businesses are to obtain fresh capital.
05:16PM 11/24/09
Bank of America Director Once on Edge
Bank of America's director in charge of its CEO search had been close to losing his seat last year when the company completed the Merrill Lynch deal, according to a report.
08:29AM 11/24/09
Iberiabank Not Done Dealing: Best in Class
Iberiabank has done well with acquisitions in 2009, making a number of FDIC-assisted deals that are already yielding benefits, and it's got the cash and conviction to do more.
08:11AM 11/24/09
Bank of America CEO Search Deadline Looms
Bank of America's search for a new chief executive, and its dance of death with departing CEO Ken Lewis, has only gotten tougher as its self-imposed Thanksgiving deadline nears.
09:22AM 11/23/09
JPMorgan's Dimon as Treasury Secretary?
Jamie Dimon is being looked upon as a successor to Timothy Geithner, as the Treasury secretary gets renewed heat for his role in the Obama administration's regulatory overhaul.
07:12AM 11/23/09
Dollar Could Steer Stocks in Coming Week
Dollar-centric swings in the equity market may be exaggerated on light volume as the U.S. takes a breather for the Thanksgiving holiday.
09:01AM 11/21/09
Payday Lenders Face Greater Oversight
Shares of the payday lenders have performed well over the past year but ever-increasing regulatory oversight remains a concern.
10:19AM 11/20/09
Goldman's Bonus Plan Draws More Fire
Goldman Sachs may have forgotten that investors are taxpayers too, as it's reportedly now catching from flak from some large shareholders about its compensation practices.
09:43AM 11/20/09


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