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Stressed out? Banks get the Fed's diagnosis

Mar 7, 2013
As the Federal Reserve issues its annual stress test results for big banks, the question is do they have enough cash to survive a deep recession, a 50 percent stock market fall and 12 percent unemployment?
Posted In: Federal Reserve, stress tests, banking

EU looks to cap bankers' bonuses

Feb 28, 2013
EU officials have announced an agreement that would restrict the amount bankers can receive as as bonus.
Posted In: Eurozone, banking, salary, bonuses

Wells Fargo leads bank earnings, recovery

Jan 11, 2013
Investors have high expectations for Wells Fargo -- the first big bank to report fourth-quarter results -- after turning in nearly three years of solid earnings.
Posted In: Wells Fargo, Earnings, banking

Bank regulators loosen up on liquidity rule

Jan 7, 2013
Regulators in Basel have decided riskier assets can be used as part of a bank's emergency buffer.
Posted In: banking, bank regulations, financial crisis

Troubled assets continue to threaten banks

Dec 31, 2012
Bank failures across the country tapered off during the past year, but why are some banks still failing?
Posted In: banking

HSBC to pay record fine to U.S. government

Dec 11, 2012
The British bank HSBC is to pay almost $2 billion to U.S. authorities to settle a case over money-laundering and sanctions busting. The penalty is the biggest in the history of U.S. banking regulation.
Posted In: HSBC, banking, money laundering

Bank of America settles $2.4 billion lawsuit

Sep 28, 2012
Bank of America will pay $2.4 billion to shareholders as part of a settlement announced this morning. It's compensation for maybe not sharing the whole story when B of A bought the failing brokerage Merrill Lynch in 2008.
Posted In: Bank of America, Merrill Lynch, banking, settlement

British regulators react to LIBOR scandal

Sep 28, 2012
After a recent scandal surrounding manipulation of a key interest rate, reforms are being proposed.
Posted In: LIBOR, British, banking

LIBOR scandal leads to calls for change

Sep 27, 2012
Reform is on the way after fraudulent manipulation of the London Interbank Offered Rate, or LIBOR, the rate used by many banks in lending to each other.
Posted In: LIBOR, banking, Barclays

British banking group gives up LIBOR power

Sep 26, 2012
A group representing British banks is giving up its responsibility for setting a key global interest rate. The British Bankers Association will no longer control LIBOR -- the London Interbank Offered Rate. That's the benchmark for hundreds of trillions of dollars in mortgages, student loans and other transactions around the world.
Posted In: LIBOR, banking

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