Your Search Returned 66 tagged news reports
As the House begins debating a broad financial regulatory overhaul this week to prevent future meltdowns on Wall Street, Rep. Jim Himes, D-Conn., is uniquely positioned to vet the initiative. As one of just a handful of lawmakers with deep experience...
Tags: Jim Himes, financial regulatory, House Financial Services Committee, financial firms, financial sector, contingent capital, regulatory reform, New York City, Financial crises, Business Finance, Financial regulation, Systemic risk
Strong gains in regional bank stocks were not enough to lift the broader financial sector into the green on Wednesday. Regional bank stocks, led by Fifth Third Bancorp BB&T Corp and SunTrust Banks all rose after Credit Suisse analysts urged clients to...
Tags: Regional Banks, financial sector, banks stocks, New York, Business Finance, Exchange-traded funds, SPDR, Investment banks, S&P, BB&T, SunTrust Banks, Credit Suisse, Citigroup, Primary dealers, S&P 500, Dow Jones Industrial Average, U.S. Bancorp, Fifth Third Bank
I realize the market is a discounting machine -- with investors collectively trying to anticipate future events and price shares accordingly -- but let's face it: This rally is ridiculous. Wall Street is on a bender (yet again), and the shiny, happy future...
Tags: financial sector, New York City, Finance, Valuation, NASDAQ, Economy of the United States, Business Finance, Wal-Mart, Economy of New York City, Financial markets, Troubled Asset Relief Program
I won't say that it is the kind of world-changing document that Martin Luther nailed to a church door in 1517...This call to action doesn't require rebellion against a corrupt spiritual authority. Nor does it suggest that we barricade the streets and...
Tags: financial sector, William Bernstein, William J. Bernstein, New York City, Financial institution, Funds, Business Finance, Index fund, Financial services, Exchange-traded fund, Investment, Mutual fund, Rate of return
In what were at times sharp and pointed exchanges, Davies rejected Wong Ken's line of reasoning that his fiscal policy of tamping down the high inflation rates of the 1990s led to sharp increases in interest rates, which made it harder for businesses...
Tags: Dr Omar Davies, David Wong Ken, FINSAC, financial sector, Jamaica, Kingston, Public finance, Business Finance, Fiscal policy
But all this taxpayer largesse for the financial sector has been accompanied, as the Governor of the Bank of England, Mervyn King, recently noted, by "little real reform". It is true that ministers have made a lot of noise about putting finance on a shorter...
Tags: private sector, financial sector, United Kingdom, London, Lloyds Banking Group, United Kingdom bank rescue package, Investment banking, Business Finance, Bank, Barclays, Banking, Toxic asset, HBOS
Progress has been made in transforming the financial sector, the Banking Association of South Africa said on Wednesday. "Great progress has been made. However, there remains much work to be done to truly change the landscape of the sector sustainably,"...
Tags: financial sector, South Africa, Cape Town, Business Finance, Broad Based Black Economic Empowerment, Black Economic Empowerment, Financial Sector Charter, Economy of South Africa
The Inter-American Development Bank (IDB) has approved a US$5 million loan to strengthen Guyana's financial sector. The IDB said it was aimed at increasing access to financial services, enhancing transparency of financial sector issues and enhancing macroeconomic...
Tags: financial sector, IDB, Bank of Guyana, Guyana, Georgetown, Money laundering, Multilateral development banks, Development, Inter-American Development Bank, Business Finance
Tobin tax' gains transatlantic support • Tax on financial transactions proposed to pay for bailout • US reluctant to devote proceeds to international causes US treasury secretary Tim Geithner was sceptical about a 'Tobin tax', but the new bill should...
Tags: tobin tax, financial transaction, Peter DeFazio, transaction tax, financial sector, United Kingdom, Edinburgh, Tax, Troubled Asset Relief Program, Henry Paulson, Finance, Timothy Geithner, Business Finance, Social Issues
Minister Alex Salmond has given his backing for a Scots-owned bank for the first time since The Scotsman revealed that a consortium of businessmen hoped to buy TSB from Lloyds. During First Minister's Questions yesterday Mr Salmond said Scotland would...
Tags: Scotland, financial sector, Alex Salmond