Andrea Catherwood News
-
With no plan from Congress or the Obama administration to shutter Fannie Mae and Freddie Mac, the companies’ regulator told Congress yesterday it will expand its oversight with a strategic plan to develop new systems and standards for home loans.
-
The U.S. Securities and Exchange Commission should double the threshold of owners a company can have before being forced to register with the regulator, according to recommendations from the SEC’s small-business advisory group.
-
Greece is running out of time to avoid becoming the first euro nation to default after talks with lenders stalled ahead of a March 20 bond payment that will cost 14.5 billion euros ($18 billion) the country doesn’t have.
-
Adam Myers, a senior foreign-exchange strategist at Credit Agricole Corporate & Investment Bank, discusses the prospects for currency-market intervention by central banks in 2012.
-
The euro fell from almost a one-week high versus the dollar as European inflation slowed and Italy’s biggest bank said it needs to raise more capital, fueling bets Europe’s debt crisis is worsening.
-
Lars Feld , a member of German Chancellor Angela Merkel ’s council of economic advisers, said he expects the European Central Bank to raise borrowing costs twice more this year.
-
Swedish Finance Minister Anders Borg said a common euro bond is unlikely to ease the single currency bloc’s crisis as Europe’s leaders try to agree on a model that combines common borrowing with stricter budget controls.
-
Swedish central bank Governor Stefan Ingves said a 22 percent surge in the krona against the dollar in the past year marks a “normalization” that won’t harm exporters, signaling the bank isn’t planning to adjust policy to prevent further appreciation.
-
Anglo Irish Bank Corp. Chief Executive Officer Mike Aynsley said 25 billion euros ($32 billion) is a “pretty good estimate” of the total bailout cost for the bank.
-
Former Bank of England policy maker Deanne Julius said the chance the U.K. economy will slip into another recession is “10 percent or less.”
|
|
Most Popular on Bloomberg
|
| |