The Deal
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Bonuses fueling layoffs on Wall Street?

[Posted on June 30, 2008 at 3:48 PM]

Wondering why there's been a flurry of layoffs on Wall Street in the last few weeks? A Financial Time story suggests that year-end bonuses may be the culprit. ...
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What did Jeffrey Epstein have to do with Bear Stearns?

[Posted on June 30, 2008 at 3:35 PM]

The collapse of Bear Stearns Cos. becomes more titillating every day as information surfaces that money manager Jeffrey Epstein, a favorite subject of gossip blog Gawker and the New York
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WaMu looks for new retail bank chief as new time bomb ticks

[Posted on June 30, 2008 at 2:29 PM]

Trouble continues at Washington Mutual Inc. The thrift, which rode the real estate bubble, is now feeling the pain of the crash and is trying everything to fix its enormous problems,
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Citigroup's Pandit and the new old-time religion

[Posted on June 30, 2008 at 1:18 PM]

A lot of blogging has already occurred about Citigroup Inc. CEO Vikram Pandit's op ed piece Friday in The Wall Street Journal. Yes, the tone is -- odd. After all,
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Wall Street firms mauled by bears

[Posted on June 30, 2008 at 11:38 AM]

As the markets start their day mixed, with the Dow slightly up and the Nasdaq slightly down,  shares of leading Wall Street firms across the board have slipped, the exception
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Deal jobs update: Who is hiring?

[Posted on June 30, 2008 at 9:16 AM]

These are tense times on Wall Street as investment banks and other institutions of dealmaking continue to cut back staff. Estimates are that between 60,000 and 80,000 Wall Street employees
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UBS may sacrifice the old Paine Webber

[Posted on June 27, 2008 at 4:42 PM]

When UBS acquired Paine Webber in 2000, the acquisition was meant to be a cornerstone of the big Swiss bank's expansion in its U.S. wealth management division. Eight years later,
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Dealmakers honor Jimmy Lee at the library

[Posted on June 27, 2008 at 12:29 PM]

J.P. Morgan Chase & Co. vice chairman Jimmy Lee was honored by fellow dealmakers at a charity dinner for the New York Public Library. The event was co-chaired by his
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BofA-Countywide merger to eliminate 7,500

[Posted on June 26, 2008 at 5:24 PM]

When Bank of America Corp. made an offer for Countrywide Financial Corp., the largest mortgage company in the U.S., it was only a matter of time before the ax
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Does Carlyle have the will to invest in banks?

[Posted on June 26, 2008 at 3:54 PM]

Carlyle Group managing directors Olivier Sarkozy and Randal Quarles, writing in The Wall Street Journal Thursday, argued that the federal government should ease restrictions that limit private equity investments
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When will Canadian banks head south?

[Posted on June 26, 2008 at 2:16 PM]

The subprime mortgage crisis has presented Canadian banks with a fascinating opportunity, and it will be interesting to see if any of them them seize it, and how quickly. ...
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RBC Capital hires Bear Stearns execs

[Posted on June 26, 2008 at 12:28 PM]

Seven former Bear Stearns Cos. employees are moving on. RBC Capital Markets recruited seven bankers from Bear Stearns Cos.: Kathy Costine, Rae Boylan, Nelson Luria, James LaVigne, Marcella Finkel, Evie
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Barclays, Citigroup and how long is long enough

[Posted on June 26, 2008 at 11:06 AM]

The Wall Street Journal's "Heard on the Street" column today offers another example of the treacherousness of historical comparisons. The short piece comments on Barclays plc's capital raising and compares
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