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  1. March 8, 2012

    More bank equity serves us all better

    From Prof Anat R. Admati and Mr Neil M. Barofsky. Sir, Bankers say whatever serves their interests. William Isaac, chair of...

  2. FT Alphaville

    March 2, 2012

    Pink picks

    Comment an analysis from the FT, Philip Stephens: Danger in Xi’s rebuff to Obama When Xi Jinping tipped up at the White...

  1. March 1, 2012

    How to end panics and impose market discipline

    The US has suffered three severe financial crises in the past 40 years, each driven by excessive risk taking, particularly...

  2. May 17, 2010

    Kovacevich hits out at Tarp

    The decision by US regulators to force the nation's nine largest banks to accept $125bn in taxpayer funds during the...

  3. May 16, 2010

    Kovacevich hits out at Tarp

    Richard Kovacevich, former head of Wells Fargo, says the bail-out eroded confidence in the US banking system The decision by...

  4. FT Alphaville

    September 23, 2009

    Wells Fargo's Kovacevich to exit

    Dick Kovacevich will step down as chairman of Wells Fargo at the end of this year, handing over to his successor as chief...

  5. September 23, 2009

    Kovacevich to step down at Wells Fargo

    Dick Kovacevich will step down as chairman of Wells Fargo at the end of this year, allowing his successor as chief...

  6. FT Alphaville

    September 22, 2009

    A new, old chairman for Wells Fargo

    Wells Fargo’s chairman Richard Kovacevich intends to retire at the end of the year, and will be replaced by John Stumpf,...

  7. May 29, 2009

    Target blow to activist Ackman

    Shareholders of Target Corporation, the US discount retailer, re-elected four of the company's board members yesterday and...

  8. FT Alphaville

    May 28, 2009

    Target 1, Ackman 0

    Bill Ackman cannot be pleased. Target’s shareholders on Thursday voted to re-elect its four incumbet directors, defeating...

  9. May 15, 2009

    Ackman wins support in Target battle

    Target, the US discount retailer, has suffered a setback in its efforts to stave off a challenge to its board by activist...

  10. May 15, 2009

    Target’s rebel investors win proxy support

    Target, the US discount retailer, has suffered a setback in its efforts to stave off a challenge to its board by activist...

  11. May 8, 2009

    Wells Fargo chief takes stand against Fed

    Dick Kovacevich, chairman of Wells Fargo, bolstered his reputation as the banking industry’s lone ranger this week. The...

  12. FT Alphaville

    May 6, 2009

    Wells Fargo needs $15bn, Bloomberg says

    Hot on the heels of a vague CNBC report that stress test results showed Wells Fargo would need “more capital” comes this...

  13. November 7, 2008

    Wells Fargo raises $11bn to fund Wachovia deal

    Wells Fargo sold $11bn of new equity capital at a heavy discount yesterday to fund its acquisition of Wachovia, the...

  14. November 5, 2008

    Kovacevich criticised for staying at Wells Fargo

    Richard Kovacevich's decision to stay on past retirement age at Wells Fargo is drawing fire from some analysts who have a...

  15. November 5, 2008

    Kovacevich under fire for staying on

    Richard Kovacevich's decision to stay on past retirement age at Wells Fargo is drawing fire from some analysts who have a...

  16. FT Alphaville

    October 10, 2008

    Citi hands Wells victory in fight for Wachovia

    Wells Fargo looked set Thursday night to acquire Wachovia in a $11.7bn all-share deal after Citigroup pulled out of the...

  17. October 10, 2008

    Wells set to grab Wachovia after Citi pulls out

    Wells Fargo last night looked set to acquire Wachovia in a $11.7bn all-share deal after Citigroup pulled out of the bitter...

  18. October 10, 2008

    Wells set to acquire Wachovia in $11.7bn deal after Citi pulls out

    Wells Fargo last night looked set to acquire Wachovia in a $11.7bn (£6.8bn) all-share deal after Citigroup pulled out of...

  19. October 9, 2008

    Citi pulls out of Wachovia battle

    Wells Fargo on Thursday night looked set to acquire Wachovia in a $11.7bn all-share deal after Citigroup pulled out of the...

  20. October 8, 2008

    Recriminations fly in scuffle for Wachovia

    As Citigroup and Wells Fargo tussle over Wachovia, investors and executives are already assessing the repercussions of a...

  21. October 4, 2008

    Wells thinks big after years of caution

    Wells Fargo's bid for Wachovia is a reversal of the bank's decade-long strategy of avoiding big acquisitions. Since Wells'...

  22. October 4, 2008

    Citi rattled as rival steals its thunder

    When he received an early morning phone call telling him that Wells Fargo had just trumped Citigroup's government-brokered...

  23. October 3, 2008

    Wells Fargo rides off with Wachovia

    When he received an early morning phone call telling him that Wells Fargo had just trumped Citigroup’s government-brokered...

  24. August 25, 2008

    Wells Fargo rejects speculation over deal for a struggling rival

    Wells Fargo, one of the few healthy US financial groups, wants to buy insurance distribution and wealth management...

  25. August 25, 2008

    Wells Fargo has no need to pursue large rival, says chief executive

    Wells Fargo, one of the few healthy US financial groups, wants to buy insurance distribution and wealth management...

  26. August 25, 2008

    Wells Fargo rejects speculation over deal for a struggling rival

    Wells Fargo, one of the few healthy US financial groups, wants to buy insurance distribution and wealth management...

  27. August 25, 2008

    Wells Fargo cracks the whip

    As a young loan collector in rural Minnesota, John Stumpf, chief executive of Wells Fargo, was once dispatched to repossess...

  28. August 24, 2008

    Wells Fargo ‘unlikely’ to pursue larger rival

    Wells Fargo, one of the few healthy US financial groups, wants to buy insurance-distribution and wealth-management companies...

  29. August 24, 2008

    Wells Fargo cracks the whip

    As a young loan collector in rural Minnesota, John Stumpf, chief executive of Wells Fargo, was once dispatched to repossess...

  30. July 22, 2008

    Klein quits Citi amid Pandit revamp

    Michael Klein, one of Citigroup's most senior executives, is to leave the US financial services group after 23 years in a...

  31. March 29, 2008

    Citigroup hires outsider for top role

    Citigroup has been forced to tap outside talent to turn round its troubled US consumer business, the financial services...

  32. March 28, 2008

    Citi poaches Lloyds TSB’s retail chief

    Citigroup has been forced to tap outside talent to turn round its troubled US consumer business, the financial services...

  33. December 5, 2007

    Ackermann rejects top job at Citi as bank labours to find big hitter

    Josef Ackermann, chief executive of Deutsche Bank, has turned down an approach from Citigroup about taking charge of the US...

  34. December 5, 2007

    Deutsche Bank chief refuses top Citigroup post

    Josef Ackermann, chief executive of Deutsche Bank, has turned down an approach from Citigroup about taking charge of the US...

  35. December 5, 2007

    Deutsche Bank chief rejects top job at Citigroup

    Josef Ackermann, chief executive of Deutsche Bank, has turned down an approach from Citigroup about taking charge of the US...

  36. November 28, 2007

    Sovereign funds upbeat on growth of financials

    Investment funds from the Middle East and Asia have bought an estimated $37bn (£17.8bn) of shares in western financial...

  37. November 28, 2007

    Sovereign funds upbeat on financials' growth

    Investment funds from the Middle East and Asia have invested an estimated $37bn in shares of western financial companies...

  38. November 27, 2007

    Sovereign funds upbeat on growth of financials

    Investment funds from the Middle East and Asia have invested an estimated $37bn in shares of western financial companies...

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