The Serious Fraud Office has launched investigations into both failed finance company Bridgecorp, and the Blue Chip property investment scheme. The SFO made the announcement a short time ago.

Credit Suisse Group has posted a worse-than-feared first quarter net loss of 2.148 billion Swiss francs, after a profit of 2.729 billion the year before, caused by fresh writedowns over 5.281 billion related to leveraged finance and structured products bu

The case against the Bear Stearns executives who oversaw two giant, but ultimately doomed, hedge funds, spotlights one of the most vexing problems confronting Wall Street as the credit crisis plays out: how to value tricky investments linked to subprime m

Shares of large U.S. banks and thrifts suffered broad declines on Monday after analysts warned that the global credit crisis will cause loan losses in the sector to mount.

How Moody’s and other credit-rating agencies licensed the abuses that created the housing bubble — and bust.