Matthew Sheahan | May 23
Lenders are letting PE players borrow to cover larger portions of their leveraged buyout deals, and bond investors craving higher yields are all for it.
Harry Terris | May 23
If JPMorgan Chase's trading blowup raised worries about booby traps at other financial giants, it might be comforting to know that its securities portfolio is more complex — and perhaps trickier to hedge — than those of rival megabanks.
Joe Adler | May 21
The FDIC has been in talks with the Bank of England since before Dodd-Frank about coordinating resolution regimes. But the 'London Whale' episode further highlights just how much risk is shared by the two transatlantic partners.
May 17
Investors have drained almost $26 billion in market capitalization from JPMorgan Chase since the bank announced a surprise $2 billion trading loss a week ago — and most of it likely has left the bank sector altogether.
Francine McKenna | May 17
If the credit derivative positions are hedges, why doesn't JPMorgan account for them as such under GAAP?
May 16
Lloyds Banking Group Plc, the U.K.'s second-biggest government-backed lender, suspended at least two derivatives traders in a probe of potential interest-rate manipulation, two people briefed on the matter said.
May 16
Billionaire George Soros's investment firm added to financial stocks in the first quarter, including shares of JPMorgan Chase & Co. and Suntrust Banks Inc. He sold the company’s stake in Google Inc.
May 16
Credit Suisse Group AG, the second- biggest Swiss bank, told New York state regulators it will eliminate 126 jobs in Manhattan over the coming months.
Allison Bisbey | May 15
Collateralized loan obligations are gaining new life as a way for nonbanks to finance loans to midsize businesses. NXT Capital's chief financial officer, Neil Rudd, explains how in detailing a recent deal.
