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By Jesse Hamilton, Bloomberg |
January 7, 2013
Ten of the largest U.S. mortgage servicers will pay a combined $8.5 billion under an agreement that will end case-by-case reviews of foreclosure-abuse claims stemming from a 2011 deal with regulators.
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By Carter Dougherty and Cheyenne Hopkins, Bloomberg |
November 2, 2012
Mid-sized banks that mostly let Wall Street and small firms speak for the industry during the debate over the Dodd-Frank Act have decided it’s time to carve out their own agenda in Washington.
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By Inyoung Hwang and Michael P. Regan, Bloomberg |
October 12, 2012
U.S. stocks erased an early rally as Wells Fargo & Co.’s shrinking profit margin and weakness in European markets overshadowed a jump in consumer confidence to the highest level since the recession started.
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By Whitney Kisling and Rita Nazareth, Bloomberg |
October 8, 2012
As third-quarter earnings season begins, the companies analysts are most bullish about are the ones whose stock prices are farthest below their highs -- banks.
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By Clea Benson, Bloomberg |
September 11, 2012
The U.S. overseer of Fannie Mae and Freddie Mac ... laid out new rules designed to spur lending and ease the housing crunch.
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By Lu Wang and Rita Nazareth, Bloomberg |
September 7, 2012
U.S. stocks rose, with the Standard & Poor’s 500 Index poised for its biggest weekly gain since June, amid bets on central bank stimulus as American payrolls increased less than projected.
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By A. Gary Shilling, Bloomberg |
March 18, 2012
Banks must do more to meet new standards set by the Fed and the Basel Committee on Banking Supervision.
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By Craig Torres, Cheyenne Hopkins and Ian Katz, Bloomberg |
March 14, 2012
The resilience of the largest U.S. financial firms when tested against a recession more severe than the last one shows regulators have succeeded in pushing banks to build fortress-like balance sheets.
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By Phil Flynn |
March 14, 2012
It seems that pledge is an acknowledgment from the Saudis that the Iran situation exceeds their worries about an oil glut.
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By Craig Torres and Cheyenne Hopkins, Bloomberg |
March 13, 2012
Fifteen of 19 largest U.S. banks could maintain adequate capital levels even in a severe recession.