The Obama administration is proposing that the Federal Reserve serve as an all-seeing regulator to detect activities that could pose risks to the entire financial system.
The U.S. dollar spiked when the economic crisis was peaking, and it's falling now that a recovery's in sight.
Regional bank Washington Federal has repaid the $200 million it received in federal bailout money.
THE share market closed in positive territory for the second consecutive day today, with the industrial and materials sectors providing support but a late sell-off in Rio Tinto capping the bourse's gains.
These troubled institutions, the FDIC said, have total assets of $220 billion. That compared with 252 banks on the list with $159 billion in assets at the end of 2008.
Standard & Poor's, the world's leading index provider, announced today the launch of a Shariah compliant version of the S&P/TSX 60.
Spanish bank Santander has said it will rename Abbey, Alliance & Leicester and Bradford & Bingley in a move marking the end of three historic banking brands on Britain's high street.
U.S. stock futures edged up modestly ahead of the National Association of Realtors' report.
Nationwide, regarded as the strongest of the building societies, made it clear that it was not prepared to be the 'lender of last resort' for the mutual sector Graham Beale, chief executive of the Nationwide Building Society: 'We will not be a lender of last resort.' Photograph: Steve Parsons/PA Profits at Nationwide Building Society fell by two ...
Long-term Treasurys dipped Tuesday on a jump in consumer confidence, sending yields to their highest levels so far this year.
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