Investment Bank Lehman Brothers to Sue Japanese Trading Firm Over Alleged Fraud
 Lehman Brothers is accusing a Japanese trading company of perpetrating a massive fraud and plans to sue it for hundreds of millions of dollars, officials at the U.S. investment bank said Sunday. TOKYO
Lehman is seeking to recoup $350 million in outstanding loans, which it [...]

Citigroup, Wachovia, Bank of America and Wells Fargo to cut their dividends?
Analyst predicted the bank’s first cut, but has she stumbled with latest prediction?
Weaker-than-expected earnings will force Citigroup, Wachovia, Bank of America and Wells Fargo to cut their dividends this spring, says Oppenheimer analyst Meredith Whitney.
“Our argument is simple. Banks under our coverage are dangerously [...]

Financial sector bounces back as profits at Lehman Brothers and Goldman Sachs clear Wall Street’s lowered bar
The financial sector bounces back as profits at Lehman Brothers and Goldman Sachs clear Wall Street’s lowered bar.
Maybe the financial system isn’t on the verge of collapse after all.
Bank and brokerage stocks soared Tuesday after solid fiscal first-quarter earnings [...]

Bear Stearns can survive a market panic? It isn’t out of the woods yet.
The brokerage firm says its fundamentals are intact, but can it survive a market panic?
The struggling brokerage firm spent Friday trying to assure fearful investors that it isn’t on the brink of insolvency. CEO Alan Schwartz and finance chief Sam Molinaro used [...]

Investment Bank Bear Stearns Gets Lifeline From a Rival and the Feds
Fed and Rival Bail Out Bear Stearns. On the Brink of Collapse, Investment Bank Bear Stearns Gets Lifeline From a Rival and the Feds
On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear [...]