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

The bank executives who promised months ago the worst of the financial crisis had passed are looking less and less credible to investors. And that could pose a problem as the industry releases what are expected to be dismal second-quarter earnings over the next few weeks. ...more

July 15, 2008

The Federal Reserve was scrambling to prevent a "contagion" from infecting the nation's financial system when it took unprecedented actions to back a Bear Stearns rescue package and provide emergency loans to big Wall Street firms. ...more

June 28, 2008

Lehman Bros. Chief Executive Richard Fuld on Monday took the blame for the company's staggering second-quarter loss and said the investment bank was too slow in reacting to the credit crisis. ...more

June 17, 2008

The biggest rise in the unemployment rate since 1986 is an "aberration" and investors who sold equities Friday are "completely misreading" the outlook for economic growth, according to JPMorgan Chase & Co. ...more

June 7, 2008

Some of the nation's biggest banks have closed their doors to students at community colleges, for-profit universities and other less competitive institutions, even as they continue to extend federally backed loans to students at top universities. ...more

June 2, 2008

Bear Stearns shareholders have approved JPMorgan Chase's buyout, ending the saga of the 85-year-old pillar of Wall Street that crumbled under the weight of its own wagers on high-risk mortgages. ...more

May 30, 2008

In what appears to be the largest trading fraud ever carried out by a single person, a young trader at French bank Societe Generale is accused of making unauthorized bets on stock markets that cost the bank nearly $7.2 billion but may not have netted him a cent. ...more

January 25, 2008

With all the large write-downs and losses announced for the fourth quarter, hardly any attention is being paid to just how profitable U.S. banks really are. ...more

January 24, 2008

Wall Street plunged again Friday amid renewed fears that the financial sector's troubles with bad credit won't soon end and that some consumers are buckling under the weight of a slowing economy. The major indexes each lost more than 1 percent, including the Dow Jones industrials, which finished down nearly 250 points. ...more

January 12, 2008