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By Jim Brunsden |
September 15, 2012
EU lawmakers are resisting a push by the ECB to water down a planned bank liquidity rule amid concerns that it may harm economic recovery.
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By Liz Capo McCormick and Susanne Walker, Bloomberg |
September 10, 2012
Just six months ago, money market traders expected the Federal Reserve to raise interest rates by the end of 2013. Now, they see borrowing costs staying at record lows for about three more years as the economic outlook worsens.
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By Christine Harper and Hugh Son, Bloomberg |
September 4, 2012
Shareholders of Wall Street banks who agree with former Citigroup Inc. Chief Executive Officer Sanford “Sandy” Weill that the companies should be broken up face an obstacle: Bondholders.
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By Ambereen Choudhury, Elisa Martinuzzi and Elena Logutenkova, Bloomberg |
August 22, 2012
European crisis continues to take tolls on all segments of business, especially banking.
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By Cordell Eddings and Daniel Kruger, Bloomberg |
August 20, 2012
The gap between U.S. bank deposits and loans is growing at the fastest pace in two years, providing lenders with more funds to buy bonds and temper the biggest sell-off in Treasuries since 2010.
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By Stephanie Ruhle, Christine Harper and Nina Mehta, Bloomberg |
August 14, 2012
Knight Capital Group Inc.’s $440 million trading loss stemmed from an old set of computer software that was inadvertently reactivated when a new program was installed.
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By Matthew Leising, Bloomberg |
August 14, 2012
JPMorgan Chase & Co. will allow futures and swaps customers to house excess collateral in a separate bank account as it seeks to reassure investors after losses at MF Global Holdings Ltd. and Peregrine Financial Group Inc.
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By Silla Brush, Bloomberg |
July 24, 2012
Interest-rate and credit-default swaps must be guaranteed by clearinghouses starting this fall under a proposal approved by the CFTC.
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By John Detrixhe, Bloomberg |
July 19, 2012
Barclays Plc’s admission that it rigged the London interbank offered rate shows regulators, central bankers and politicians weren’t paying attention when everyone from Citigroup Inc. to the Bank for International Settlements indicated that the measure was being manipulated.
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By Sonja Elmquist, Bloomberg |
July 9, 2012
Alcoa Inc., the largest U.S. aluminum producer, reported second-quarter earnings and revenue that beat analysts’ estimates after an increase in orders from the auto and aerospace industries.
