Michael De La Merced

Just six months after Washington Post columnist Jamal Khashoggi was, according to U.S. intelligence agencies, assassinated by Saudi Arabia, American businesses are starting to return.

Highlights from Today's Show: South Africans go to the polls in the first general election since the death of Nelson Mandela...Alibaba may unleash a giant IPO that could start a globa...

"Fabulous Fab" Fabrice Tourre has been cast into the spotlight once again. Yesterday, he was found liable of civil securities fraud. New York Times DealBook reporter Michael de La Mer...

Its allegedly rosy ratings for mortgaged backed securities understated the severity of the growing housing crash and may have actually contributed to the financial crisis. Michael de ...

The insurance giant A.I.G. would like to thank you for bailing them out a few years ago. They'd also like to sue you. Michael de la Merced of The New York Times explains why.

It has been a tumultuous year for big banks, and today is turning out to be no different. JPMorgan and Wells Fargo released their earnings reports today.

Barclays Bank chairman, Marcus Agius resigned today. This comes a week after Barclays was fined $ 450 million for alleged manipulation of interest rates. The practices of Barclays and...

Losses from the bet "gone wrong" at JPMorgan Chase could total as much as $9 billion. Last month, chief executive Jamie Dimon said the bank had lost $2 billion on a dodgy bet on credi...

After a shaky debut, Facebook is getting off to a bad start on its first week of trading as a publicly held company. Facebook's stock is sinking nearly seven percent, falling below th...

In a major hit for Wall Street, JP Morgan Chase disclosed a $2 billion loss on Thursday related to its credit investment portfolio. The trickle down effect could mean a loss of anothe...

Michael de la Merced, finance reporter at the New York Times, talks about the pros and cons of a new mutual fund that would let ordinary people invest in toxic mortgage-backed securities.

Thanks to the protest of a group of Indiana-based debt holders, the U.S. Supreme Court issued a stay on the deal to sell Chrysler to Italian carmaker Fiat. The stay of proceedings all...

Many Wall Street giants toppled during the financial crisis, but a few giants have been created. One is money manager BlackRock. BlackRock manages $1.3 trillion in assets for a range...