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SEC offers lucrative bounties to whistle-blowers

Jul 27, 2010
Part of the new financial reform law offers big rewards to whistle-blowers who report wrongdoing to the SEC.
Posted In: Banks

Reform clears way for private equity to invest in banks

Jul 26, 2010
The new financial regulation gives private equity firms more latitude to invest in banks, a measure which could mean huge money-making potential.
Posted In: Banks, Investing

Treasury hires Morgan Stanley to handle Citigroup shares

Jul 23, 2010
The Treasury is selling Citigroup shares, as the company's way of owing its TARP money, and hired Morgan Stanley to manage the shares for them -- and to help the brokerage out. Marketplace's Nancy Marshall Genzer reports.
Posted In: Banks

Were the E.U. bank stress tests too easy?

Jul 23, 2010
European banks underwent "stress tests," to restore trust in the European banking system during the debt crisis, but some question if the tests were rigorous enough.
Posted In: Banks

Europe's stress test ignoring default scenario

Jul 23, 2010
Regulators in London will give a grade to more than 90 banks in Europe. But critics say the stress tests ignore a eurozone restructuring/default scenario.
Posted In: Banks

Medicinal marijuana clinics have trouble with banks

Jul 21, 2010
Because of conflicting local, state and federal laws regarding medicinal marijuana, banks are uneasy about allowing clinics to have accounts with them.
Posted In: Banks, Law

U.S. banks paying bulk of U.K. banker bonus tax

Jul 21, 2010
A tax introduced in the U.K. last year to curb the size of bankers' bonuses is creating a windfall for the British government -- and U.S. banks are paying the bulk of it.
Posted In: Banks

Bernanke's options to rev up economy are limited

Jul 21, 2010
Fed Reserve Chairman Ben Bernanke testifies before Congress today about his plans to revive the economy. But he might not have much new data to share.
Posted In: Banks

Goldman posts worst quarter since 2008

Jul 20, 2010
Goldman Sachs & Co. less than stellar profit report for last quarter reflected the state of the economy.
Posted In: Banks

Warren could clash with Geithner as CFPB head

Jul 20, 2010
TARP Congressional Oversight Panel chair Elizabeth Warren is the frontrunner for the new Consumer Financial Protection Bureau. Will tension between Warren and Treasury Secretary Tim Geithner prevent her from nomination?
Posted In: Banks

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