Top U.S. banking executives said they will do what they can to boost lending and stem foreclosures on Wednesday in a hearing before the House Financial Services Committee. CEOs from Bank of America, Goldman Sachs, Citigroup, Morgan Stanley, Wells Fargo, JPMorgan Chase, Bank of New York Mellon and State...
Both Reuters and the Wall Street Journal were reporting on Monday that more than a dozen banks had signed or expressed their intention to sign on to sell preferred stock in return for government funds in the last few days. They join the original nine financial institutions which signed on to the program...