WASHINGTON (Reuters) - A senior Federal Reserve official said on Sunday the central bank should keep alive a mortgage-backed securities buying program beyond ...
NEW YORK (Reuters) - Bank of America <BAC.N> may extend its search for a new chief executive into next year if its board ...
Regulators shut Commerce Bank of Southwest Florida; marks 124th US bank failure this year Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan ...
As interest rates fall back near zero, there aren't many happy returns The U.S. is finally becoming a nation of savers. Now if only we could get something for our money. Interest rates are sinking to near zero for the first time ...
TD Ameritrade announces $1.25 billion senior notes offering Online retail brokerage TD Ameritrade Holding Corp. said Friday that it will sell $1.25 billion in senior unsecured notes in a public offering and use proceeds to retire debt and stagger the maturity of ...
WASHINGTON (Reuters) - The Senate Banking Committee said on Friday it will hold a hearing on Federal Reserve Chairman Ben Bernanke's renomination to a second term on December 3, putting the central bank chief under scrutiny at a time when the Fed ...
Nebraska ethanol plant owners, insurers sue gas provider over fire they say cost $1.8 million The owners of a Lexington ethanol plant and their insurer are suing a subsidiary of a Houston-based natural gas provider they say is responsible for an explosion ...
Senate panel will take up Bernanke's nomination to second Fed term on December 3 Federal Reserve Chairman Ben Bernanke's nomination to a second term will be the subject of a Senate Banking Committee hearing next month, the panel's chairman said Friday. President ...
NEW YORK (Reuters) - NYSE Euronext <NYX.N>, LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed "rigid" cap on dealer ownership of clearinghouses, according to a letter sent this week. The letter ...
Malaysia's finance ministry has issued a commercial banking licence to China's largest bank, the country's central bank announced Friday. The licence for the Industrial and Commercial Bank of China Limited (ICBC) follows the signing of an arrangement between the China Banking regulatory ...
FILE - In this June 4, 2009 file photo, the President of the European Central Bank (ECB) Jean-Claude Trichet is seen during a news conference in Frankfurt, central Germany. Although it is too early to say the crisis is over, it is ...
Banks should step up their lending to support economic growth while taking steps to curb "undue" bonuses, European Central Bank head Jean-Claude Trichet said Friday. "Profits earned should be used -- as priority -- to build capital and reserves, rather than to ...
