Bank of America said in a regulatory filing late Monday that the Treasury Department will auction 272 million warrants associated with the government's $45 billion bailout of the bank in 2008.
The Toronto stock market was higher Monday morning as fourth-quarter economic growth blew past expectations and hopes rose for a bailout package for Greece.
Sheila Bair, chairman of the Federal Deposit Insurance Corporation. WASHINGTON The head of the Federal Deposit Insurance Corp.
Consumer spending increased slightly faster than expected in January while the U.S. manufacturing sector grew, underscoring views economic recovery is progressing.
March 1 -- Erik Nielsen, chief European economist at Goldman Sachs Group Inc., talks about the refinancing of Greece's sovereign debt and the prospect of default.
Stock futures rose Monday following AIG's biggest asset sale since being rescued by the government and reports of a new bailout package for Greece.
Goldman Sachs Group Inc's board has rejected demands from shareholders that the firm investigate recent compensation awards, recoup excessive compensation and reform pay practices.
LONDON - World stock markets advanced Monday amid mounting hopes that European nations will announce some sort of rescue deal for Greece, which has to start rolling over a large part of its debt load soon.
The board of American International Group has approved the sale of its big life insurance business in Asia to Britain's Prudential P.L.C. for about $35.5 billion, and A.I.G.'s chief executive was headed to Hong Kong to discuss the proposed transaction with regulators, people briefed on the matter said.
Copper jumped the most in 11 months after an earthquake in Chile cut production in the worlda s biggest producer.
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