(photo: AP / Keystone, Alessandro Della Bella, File)
UBS and Deutsche Bank Report Gains for Second Quarter The New York Times | FRANKFURT — Shares of UBS of Switzerland and Deutsche Bank of Germany rose sharply after they reported second-quarter earnings Tuesday, signaling renewed confidence in European banks after official stress tests showed that most large institutions are solid. | Shares of UBS soared 9 percent a...
Obama Signs Legislation Overhauling Financial Rules The New York Times | WASHINGTON — President Obama signed into law on Wednesday a sweeping expansion of federal financial regulation, marking another — and perhaps last — major legislative victory before the midterm elections in November, which could recast the Congressional landscape. Multimedia Inte...
UBS and Deutsche Bank Report Gains for Second Quarter The New York Times | FRANKFURT — Shares of UBS of Switzerland and Deutsche Bank of Germany rose sharply after they reported second-quarter earnings Tuesday, signaling renewed confidence in European banks after official stress tests showed that most large institut...
Obama Signs Legislation Overhauling Financial Rules The New York Times | WASHINGTON — President Obama signed into law on Wednesday a sweeping expansion of federal financial regulation, marking another — and perhaps last — major legislative victory before the midterm elections in November, which could r...
Trading Results Lift Morgan Stanley The New York Times | Morgan Stanley became the last of the big Wall Street banks to release results for the second quarter on Wednesday, beating analysts’ expectations with the help of strong trading results. Add to Portfolio | Morgan Stanley | Go to your Portfol...
In this section This is Money Best savings rates Best ISA rates Bank charges Safe savings Bank strength Isa advice Premium bonds What next for savings rates? Ask an expert Savers blog | Santander has become a force to be reckoned with on the High Street since taking over Abbey, b...
Bankers beware in Hong Kong Asia Times | Jul 20, 2010 | Bankers beware in Hong Kong | By Kent Ewing | HONG KONG - This city's capitalist mantra of "buyer beware" is about to become far more cons...
E.C.B. Winds Down Bond Purchases The New York Times | FRANKFURT — The European Central Bank’s intervention in bond markets has come nearly to a standstill, bank data indicated Monday, in a sign that policymakers no longe...
The Generals Who Ended Goldman's War The New York Times | LAST Wednesday at around 3 p.m., the Securities and Exchange Commission and Goldman Sachs settled an epic, seismic battle — one waged over whether the storied investment bank defrauded investors in a transaction that regulators said Goldman h...
Wall Street Stumbles on Bank Earnings The New York Times | Indexes on Wall Street opened lower on Friday after the latest banks to release results — Citigroup and Bank of America — reported lower revenues. | The bank results overshadowed stronger earnings and a healthy outlook from industrial b...
General Electric, Bank of America among big movers Newsvine | NEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: | NYSE | General Electric Co., down 70 cents at $14.55 | Cost cutting and an improved financial business helped the co...
Iraqi Insurgents Plant Qaeda Flag in Baghdad The New York Times | BAGHDAD — In a brazen late-afternoon attack in the heart of this city’s most prominent Sunni neighborhood, gunmen attacked two police checkpoints on Thursday before a series of roadside bombs detonated on police and army patrols responding to the mayhem. | After the attack — in Adhamiya, a section of Baghdad that was the site of...
Citigroup Said to Pay $75 Million in Subprime Case The New York Times | Citigroup has agreed to pay $75 million to settle federal claims that it failed to disclose vast holdings of subprime mortgage investments that crippled the bank during the financial crisis, according to two people briefed on the settlement. Add to Portfolio | Citigroup Inc | Go to your Portfolio » | In an unusual move, the Securities and Ex...
