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JPMorgan Chase and Nielsen said Thursday they plan to lay off employees in the Tampa Bay area. ...more
October 24, 2008
JPMorgan Chase and Nielsen said today that they plan to lay off employees in Tampa. ...more
October 23, 2008
The Bush administration is pledging to do whatever it takes to battle a severe financial crisis that is threatening to push the country into a steep recession. ...more
October 22, 2008
The Federal Reserve on Tuesday introduced a program to finance the purchases of assets from money market mutual funds as the government continued to search for ways to battle a severe credit crisis. ...more
October 22, 2008
The country hit fresh economic potholes Wednesday as President Bush sought to reassure anxious Americans that the government's latest rescue plan will eventually bring relief. ...more
October 15, 2008
The stranglehold on the credit markets remained tight Friday after the House approved a revised $700 billion financial bailout, with investors nervous that the plan is at most a first step in repairing the faltering U.S. economy. ...more
October 4, 2008
Citigroup agreed Monday to purchase Wachovia's banking operations for $2.1 billion in a deal arranged by federal regulators, making the Charlotte, N.C.-based bank the latest casualty of the widening global financial crisis. ...more
September 30, 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
Wachovia Corp. has begun preliminary merger talks with Banco Santander SA of Spain, Wells Fargo & Co. of San Francisco and Citigroup Inc. of New York, The Wall Street Journal and The New York Times reported Friday, citing people familiar with the matter. ...more
September 27, 2008
Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators Thursday night in an 11th-hour bid to prevent the largest bank failure in American history. ...more
September 26, 2008
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