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By Jim Brunsden and Rebecca Christie, Bloomberg |
March 19, 2013
European Union lawmakers and national governments clinched a provisional deal on legislation to turn the European Central Bank into a supervisor.
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By Nicholas Comfort, Bloomberg |
March 18, 2013
European banks declined on concern an unprecedented tax on savings in Cyprus will have negative implications for the ratings of the continent’s lenders.
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By Alasdair Macleod |
March 15, 2013
Last weekend the Bank Participation Report was released, which shows the outstanding net short position in gold futures markets for both U.S. and foreign banks.
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By John Gittelsohn, Bloomberg News |
March 8, 2013
U.S. home prices probably will rise 8% this year, up from a previous estimate of a 4.7% increase, according to Bank of America Corp.
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By Inyoung Hwang and Sarah Pringle, Bloomberg |
March 6, 2013
U.S. stocks rose, extending the Dow Jones Industrial Average’s record high, as a private jobs report showed companies took on more workers than estimated and the Federal Reserve said the economy is growing.
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By Phil Mattingly, Bloomberg |
March 6, 2013
The size of the largest financial institutions has made it difficult for the U.S. Justice Department to bring criminal charges when there’s wrongdoing, Attorney General Eric Holder said.
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By Jesse Hamilton, Bloomberg |
February 26, 2013
U.S. banks had $141.3 billion in net income last year, the second-best on record behind the $145.2 billion total reported for 2006, on non-interest income and lower loss provisions, the Federal Deposit Insurance Corp. said.
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By Craig Torres and Caroline Salas Gage |
February 23, 2013
Federal Reserve Governor Daniel Tarullo said large banks are vulnerable to runs from non-deposit liabilities, and regulators need to do more to curb such risk.
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By Maria Kolesnikova and Chanyaporn Chanjaroen, Bloomberg |
February 15, 2013
Commodities revenue of the 10 largest banks slumped 24% last year, the first contraction since at least 2008, according to Coalition, a London-based analytics company.
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By Silla Brush |
February 13, 2013
Banks could help hedge funds avoid rules meant to reduce market risks by routing trades through overseas offices, the top U.S. derivatives regulator said in testimony prepared for a hearing on the Dodd-Frank Act.
