As Americans, we like the dollar, but as investors, we?re a little more willing to go where the money is.

Despite pledges by the White House and Democrats to work together, the bill to rescue homeowners and their lenders produced partisan recriminations the day after it passed the House.

At Vikram Pandit?s first major presentation to investors and analysts, Citigroup said that it planned to sell about $400 billion in assets in the next two to three years.

Since becoming Citigroup?s chief executive in December, Vikram S. Pandit has been clearing out the corporate attic of weak businesses and unloading worrisome assets.

A G.M.A.C. subsidiary that was a leader in creative mortgages can?t pay its own debts, so it is demanding a privilege that it won?t grant its borrowers.

The European Central Bank left its benchmark interest rate unchanged at 4 percent on Thursday, saying that the region?s economy remained resilient despite financial turmoil.

Banks have promised scores of companies money for a rainy day. Now that day is here and the banks, hard pressed themselves, are worried they will have to keep their promises.

A UBS executive was briefly detained by U.S. authorities in connection with a widening investigation into the Swiss bank?s work with questionable tax transactions.

The stock drop coincided with a speech by the chairman of the S.E.C., Christopher Cox, who called for more stringent federal oversight of investment banks.

Hoping to establish a stronger foothold in the oil-rich region, Citigroup is sending Alberto J. Verme, a co-head of investment banking, to Dubai by the end of the month.

Finding someone to sue over losses in the mortgage market and the credit crisis is easy. Winning in court, lawyers say, will be hard.

Under the aegis of the Fed, BlackRock is managing $30 billion of hard-to-sell assets from Bear Stearns. If it fumbles, the Fed, and by extension taxpayers, could lose billions.

The collapse of the troubled Wall Street bank has sparked finger-pointing and recrimination by its elder statesmen, Alan C. Greenberg and James E. Cayne.

A top-ranking UBS executive was briefly detained in the United States in connection with an investigation into the bank?s work with questionable tax transactions, the bank said.

The Federal Reserve chairman urged Congress to give federal agencies ?greater latitude? to take an innovative approach to dealing with the housing crisis.