-
By Jeff Kearns, Bloomberg |
May 7, 2013
U.S. banks urged the Federal Reserve to take the lead in defending the financial services industry from cyber attacks by working with federal counterterrorism, intelligence and law enforcement agencies, documents show.
-
By Cheyenne Hopkins |
April 24, 2013
More legislation is needed to rein in biggest U.S. banks because the Dodd-Frank Act has failed to guard taxpayers, the bill’s sponsors said.
-
By Phil Milford and Tiffany Kary, Bloomberg |
April 23, 2013
Jon Corzine, the former head of bankrupt broker MF Global Holdings Ltd., was sued by the holding company’s trustee, Louis J. Freeh, for failing in his duty to oversee the company and causing the eighth-biggest bankruptcy in U.S. history.
-
By Silla Brush |
April 19, 2013
The $639 trillion global swaps market is starting to fragment because regulators are failing to agree on the cross-border rules.
-
By Tiffany Kary and Sophia Pearson, Bloomberg |
April 4, 2013
Former MF Global Holdings Ltd. Chairman and Chief Executive Officer Jon S. Corzine’s risky business strategies and mismanagement helped accelerate the futures brokerage’s demise, according to a report by bankruptcy trustee Louis Freeh.
-
By Clea Benson, Bloomberg |
April 2, 2013
Fannie Mae, the mortgage financier seized by U.S. regulators during the credit crisis, reported the largest annual profit in company history as a housing rebound helped wean the firm from federal aid.
-
By Alex Kowalski, Bloomberg |
March 25, 2013
American consumers, who kept shopping through rising fuel costs and delayed tax refunds, will probably continue buoying the world’s largest economy as these hurdles dissipate.
-
By Richard Rubin, Bloomberg |
March 18, 2013
As Congress returns this week to confront immediate budget issues that have consumed the debate in Washington, lawmakers are preparing to pivot to topics such as immigration, gun control and energy policy.
-
By Susanne Walker, Bloomberg |
March 15, 2013
Treasuries rose for the first time in three days after an unexpected decline in a gauge of U.S. consumer confidence cast doubt over the strength of the recovery in the world’s biggest economy.
-
By Susanne Walker and Emma Charlton, Bloomberg |
March 15, 2013
Treasury yields indicate a gauge of traders’ expectations for inflation will increase as a government report showed the cost of living rose in February due to a jump in gasoline prices.
