Andrew Gray News
-
The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency plan to issue guidelines to banks this week aimed at curbing offerings of short-term loans, according two people briefed on the plans.
-
What were banking regulators doing while some of the biggest U.S. lenders routinely filed false foreclosure documents in local courthouses around the country? In the case of IndyMac Federal Bank , it turns out the Federal Deposit Insurance Corp. was running the joint.
-
JPMorgan Chase & Co., Goldman Sachs Group Inc. and Bank of America Corp. won a delay of Dodd-Frank Act requirements that they wall off some derivatives trades from bank units backed by federal deposit insurance.
-
Ten of the largest U.S. mortgage servicers will pay a combined $8.5 billion under an agreement that will end case-by-case reviews of foreclosure-abuse claims stemming from a 2011 deal with regulators.
-
U.K. financial services companies will cut an estimated 45,000 jobs over six months as they sharpen the focus on lowering costs, Britain’s biggest business lobby group said.
-
Federal Reserve Governor Daniel Tarullo is pushing an agenda to regulate banks beyond the restraints in the Dodd-Frank Act, including making them fund more of their assets using long-term borrowing.
-
Archer Capital, a private equity firm, agreed to buy a controlling stake in the V8 Supercars Australia auto-racing championship in a transaction that values the series at about A$300 million ($316 million).
-
European Union proposals to make pension funds bolster their capital may trigger a flight from private-equity firms, the European Private Equity and Venture Capital Association said.
-
U.K. banks and other lenders are the least optimistic about employment prospects for the next three months as they seek to control costs, according a survey by the Confederation of British Industry.
-
House Republicans have embraced at least one proposal in President Barack Obama’s jobs package: changing the rules to make it easier for closely held companies to raise money without going public.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page