|
Financial Services
New York Times:
Morgan Stanley is handing over Crescent Real Estate Equities to Barclays Capital, winning forgiveness of a $2 billion loan that financed its acquisition of the real estate business in 2007. (Read More)
New York Times:
Any tax imposed on financial transactions would have to take effect internationally to prevent Wall Street jobs and related business moving overseas, House Speaker Nancy Pelosi said Thursday. (Read More)
New York Times:
Fidelity Investments has launched a service to help retail brokers determine how profitable it would be for them to leave their brokerage house and hang out their own shingle. (Read More)
Wall Street Journal:
Former Federal Reserve chairman Alan Greenspan and Paul Volcker wrote the House Financial Services Committee earliy this month that they opposed a provision, backed by Rep. Ron Paul (R., Texas) that would expand the congressi (Read More)
Wall Street Journal:
Members of the House Financial Services Committee struggled Thursday over how much authority U.S. government auditors should be given to monitor the Federal Reserve. (Read More)
Wall Street Journal:
WASHINGTON (MarketWatch) -- Treasury Secretary Timothy Geithner tried to breathe new urgency into efforts to overhaul federal oversight of the financial sector by telling Congress that the reform effort was essential for the (Read More)
New York Times:
Standard & Poor's has joined Moody's in withdrawing its application to supply ratings of corporate bonds and other debt-based securities to retail investors in Australia, after new rules were announced this month by the Austr (Read More)
New York Times:
Bank of America executives on Wednesday stood by consumer banking chief Brian Moynihan, a leading candidate to be the company's next chief executive, after two congressmen panned his performance at a hearing over the Merrill (Read More)
New York Times:
Private equity firms are reportedly kicking the tires on Citigroup's auto-loan business. (Read More)
Wall Street Journal:
The House Financial Services Committee approved a measure that would allow banks to issue government-backed debt in difficult periods. (Read More)
New York Times:
At bank after bank, the examiners are discovering that state and federal regulators knew lenders were engaging in hazardous business practices but failed to act until it was too late. (Read More)
Wall Street Journal:
WASHINGTON (MarketWatch) - Too large and overly interconnected financial institutions could be broken up if a proposed council of regulators argues that their collapse would put the American economic system at risk, according (Read More)
Wall Street Journal:
WASHINGTON (MarketWatch) - Too large and overly interconnected financial institutions could be broken up if a proposed council of regulators argues that their collapse would put the American economic system at risk, according (Read More)
UK News from Times Online:
Financial Services Bill. (Read More)
Topic:
Financial
Wall Street Journal:
Rep. Paul Kanjorski (D., Pa.) unveiled his proposal on Wednesday to give regulators much more power to preemptively limit the size and scope of financial firms if it’s determined a firm could put the broader economy at risk. (Read More)
Wall Street Journal:
LONDON (MarketWatch) -- Outsourcing group Capita said Wednesday that it has performed well in the second half of 2009, with its robust trading at its businesses in an active market. "We are making excellent progress meeting (Read More)
Times Online:
The Financial Services Authority is to get new powers that will allow it to seize data from hedge funds. (Read More)
Wall Street Journal:
WASHINGTON (MarketWatch) - House Financial Services Committee Chairman Barney Frank on Tuesday said a fund of capital the panel is seeking to establish through legislation that would be used to dismantle large insolvent finan (Read More)
Law News from Times Online:
The Financial Services Authority (FSA) has fined a stockbroker £24,000 for encouraging his clients to buy shares using inside information. (Read More)
Add something
|
|
|
|
|
