Tag Archives: banks
Moody’s: Latest Steps to Tighten Controls on Wealth Management Products Credit Positive for Banks
The following is a press release from Moody’s: Moody’s: China’s Shadow Banking Continues To Weigh On The Banks’ Credit Profiles http://v3.moodys.com/page/viewresearchdoc.aspx?docid=PR_273026&WT.mc_id=NLTITLE_YYYYMMDD_PR_273026 Continue reading
ECB’s Draghi says no call for G7 central banks to do more
Major central banks did not face calls to do more to boost the world economy when Group of Seven finance officials met on Saturday, European Central Bank President Mario Draghi said. Continue reading
UK’s Osborne says G7 vows to tackle bank reform with urgency
Group of Seven finance officials agreed on Saturday to press on with measures to deal with failing banks that do not land taxpayers with the bill, British finance minister George Osborne said. Continue reading
G7 to press on with bank reforms, gives Japan free pass
Group of Seven finance officials agreed on Saturday to press on with measures to deal with failing banks and gave a green light to Japan’s efforts to galvanize its economy. Continue reading
G7 to press on with bank reforms, Japan escapes censure
Group of Seven finance officials agreed on Saturday to redouble efforts to deal with failing banks and gave a green light to Japan’s drive to galvanize its economy. Continue reading
Vitter Puts ‘Too Big to Fail’ on the Table
NEW YORK (TheStreet) — Sen. Continue reading
Dow Closes Over 15,000 as Global Central Banks Get Active
NEW YORK (TheStreet) — Major U.S. stock markets were gaining Tuesday afternoon as investors bought shares after central banks from Australia to Japan took actions to stimulate their respective economies. The S&P 500 rose 0.5% to close at 1,625.96 Continue reading
Stocks tick higher, led by banks
Stocks edged higher Monday, boosted by banks, but trading was largely muted with no major economic news on tap and as investors hesitated to jump in after the Dow and S&P 500 hit record highs last week. “Our next near term target for the S&P is in the 1,640 to 1,650 area. However, you could just as easily get a pullback to test the 1,600-1,597 level in the short-term,” wrote Elliot Spar, m.. Continue reading
Uncle Sam: Fannie Mae Financial Winner
NEW YORK (TheStreet) — The U.S. government was the big financial winner on Thursday, after Fannie Mae announced its first-quarter results would enable it to pay the U.S Continue reading →