Bank of America spent $1.18 million in fourth quarter lobbying federal government Bank of America Corp., the nation's largest lender, spent $1.18 million ...
S&P Ratings cuts outlook on Citigroup to negative, affirms bank's ratings Standard & Poor's Ratings Services on Tuesday cut its outlook on Citigroup ...
PNC Bank spent $60,000 in fourth quarter lobbying federal government PNC Bank, a unit of PNC Financial Services Group Inc., spent $60,000 in the fourth quarter to lobby on financial regulatory restructuring and other issues, according to a recent disclosure report. That's ...
NEW YORK (Reuters) - CIT Group Inc <CIT.N> said its new Chief Executive John Thain will get an annual base salary of $6 million, most of which is in stock, and a bonus of up to another $1.5 million, in a nod ...
IQALUIT, Canada (Reuters) - The idea of a global tax on banks to recapture bailout costs gained ground on Saturday, boosted by the Obama administration's latest proposals, but there was no agreement on a specific design. Finance ministers and central bankers from ...
Obama, GOP bicker over job creation plans; shows tough sledding toward bipartisan solutions Republicans sparred with President Barack Obama in their Saturday media addresses over proposals to create jobs, further evidence of the difficulty of bipartisan solutions to the nation's pressing problems. ...
Regulators shut down small bank in Minnesota, making 16 US bank failures this year Regulators have shut down a small bank in Minnesota, bringing to 16 the number of bank failures in the U.S. so far in 2010 following the 140 brought ...
WASHINGTON (Reuters) - Bipartisan efforts on Capitol Hill to tighten financial regulation ground to a halt in the Senate on Friday, casting one of the top domestic policy priorities of the Obama administration in a stark political light. After months of public ...
2 Democrats seek tax on bonuses at firms that received government bailouts Motivated by a wave of new bank bonuses, two Democratic senators want top executives of big financial institutions that received government help to pay a 50 percent tax on any ...
NEW YORK (Reuters) - Not all the derivative contracts American International Group Inc <AIG.N> wrote on complex securities backed by now-toxic mortgages have ended up being a disaster. In fact, dozens of interest rate swaps that AIG put together -- for many ...
WASHINGTON - FEBRUARY 04: U.S. Sen. Barbara Boxer (D-CA) speaks during a news conference on Capitol Hill February 4, 2010 in Washington, DC. Sen. Boxer and Sen. James Webb (D-VA) introduced the Taxpayer Fairness Act, which would impose a 50% excise tax ...
WASHINGTON - FEBRUARY 03: U.S. Treasury Secretary Timothy Geithner delivers remarks during a meeting with Community Development Financial Institution bankers at the Treasury February 3, 2010 in Washington, DC. Geithner announced the final terms of a new program that would use Troubled ...
