Investment Banking News

The U.S. Treasury has blocked the proposed sale of low-income housing tax credits held by embattled mortgage lender Fannie Mae because officials have determined that the transaction would be too costly to taxpayers, according to media reports.

Wall Street firms are in a quandary about getting involved with a planned public offering of Russian aluminum producer UC RUSAL because its founder has been barred from getting a U.S. visa on account of allegations that he is connected to organized crime, the Wall Street Journal reported on Saturday.

Carlsbad-based MaxLinear , a developer of RF analog and mixed-signal semiconductors, has filed for an IPO, saying in a filing today that it is looking to raise up to $100M in an IPO on either the Nasdaq Global Market or the New York Stock Exchange.

The Associated Press Originally published: November 07. 2009 3:01AM Last modified: November 06.

Oil prices climbed toward $80 a barrel Friday, catching up with a surge in global stock markets and assisted by a slightly weaker dollar which made crude more attractive to international investors.

Billionaire investor Warren Buffett's Berkshire Hathaway Inc. said third-quarter profit tripled as stock markets advanced and the cost of compensating insurance customers for storm damage dropped.

Wall Street bankers once again are the target of populist outrage, this time over the news that Goldman Sachs , Citigroup , JPMorgan Chase , and others are receiving limited doses of the H1N1 swine flu vaccine.

Nov. 6 -- Jan Hatzius, chief U.S. economist at Goldman Sachs Group Inc., talks with Bloomberg's Deidre Bolton and Erik Schatzker about his outlook for the economy, labor market and Federal Reserve monetary policy.

The hedge fund consultant business model is over, said Jim Cramer on Thursday's "Stop Trading!" segment on CNBC .

Ralph Cioffi, an ex-Bear Stearns hedge fund manager, arrives at Brooklyn federal court in New York in this October 13, 2009 NEW YORK: In closing arguments in the trial of the first high-profile Wall Streeters on fraud charges stemming from the financial crisis, a U.S. prosecutor said two hedge fund managers told "black and white lies," but a ...

Oil prices climbed toward $80 a barrel Friday in Asia as crude investors eyed a surge in global stock markets.

Disgraced ex-New York Times reporter Jayson Blair talking to college students about ethics? What's next? The former head of Lehman Brothers on financial risk management? Such was the blogosphere's snarky tone last week when Washington & Lee University in Virginia announced Blair would speak Friday at a journalism conference there.

Some of New York's biggest companies, including Wall Street giants Goldman Sachs and Citigroup, received doses of swine flu vaccine for at-risk employees, drawing criticism that the hard-to-find vaccine is going first to the privileged.

Big bonuses could be back in store for some top executives and traders on Wall Street as profitability returned to the investment banking industry in 2009, according to a new study released Thursday.

Just how many millions of copies will the hype machine move? November 2, 2009 - Breaking News: Call of Duty: Modern Warfare 2 is going to sell a lot of copies.

Those who like banks that are too big to fail will love the latest financial reform proposals circulating in the US Congress.

Republicans swept governors' races in New Jersey and Virginia as voters concerned about rising jobless rates and record home foreclosures punished Democrats.

Nov. 2 -- An eclectic batch of artworks that once adorned the corporate offices of Lehman Brothers Holdings Inc.

Wall Street's top trading firm saw $100 million-plus in revenue more days than not last quarter, comfortably bankrolling an 80% hike in average pay for its 31,700-strong work force.

The Securities and Exchange Commission says investment bank JP Morgan Chase & Co .