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July 20, 2011, 3:01 pm The Federal Reserve on Wednesday slapped an $85 million fine on Wells Fargo & Co for allegedly steering borrowers into high-cost subprime mortgage loans even though they qualified for safer loans.
July 13, 2011, 12:26 pm * China economic growth eased "hard-landing" concern * Bernanke says Fed to keep loans cheap if U.S. slows * China growth boosts copper, other commodities prices * Latin American bond spreads ...
July 7, 2011, 8:23 am Goldman Sachs Group Inc. borrowed $15 billion from the Federal Reserve in late 2008, the biggest single loan in a previously-undisclosed crisis-era program, according to a published report Thursday.
July 6, 2011, 1:33 pm Goldman Sachs, Lehman Brothers, and European banks RBS and UBS were the biggest beneficiaries of very short-term Federal Reserve loans extended at the height of the financial crisis, according to data released on Wednesday.
July 6, 2011, 12:12 pm Fed Unveils More Details of Crisis Loans The Fed unveiled more details of its lending to banks at the height of the 2008 financial crisis, in the latest disclosure of the central bank's controversial actions.
July 1, 2011, 9:26 pm The bailout, worth $14.1 billion, raised the specter of balance sheet problems at other Russian banks, which had a tendency during the recession to roll over loans to struggling companies.
July 1, 2011, 1:08 pm WASHINGTON, July 1 (Reuters) - The U.S. Treasury Departmentannounced on Friday more distressed homeowners were able toseek assistance through loan workouts and modification programsin May.Some 32,398 homeowners ...
July 1, 2011, 4:33 am Bank Of Moscow to Receive $10.6 Billion Bailout Russian regulators Friday said they will provide Bank of Moscow, part-owned by VTB Group, with a $10.6 billion low-interest loan, and that VTB will provide 100 billion rubles to the troubled bank to rescue it from its "unstable" financial position.
June 30, 2011, 4:13 pm Stocks are closing broadly higher after Greece cleared a final hurdle toward receiving its next installment of emergency loans. It was the fourth straight day of gains.
June 30, 2011, 11:11 am (Adds quotes, details) * Parliament backs implementation laws to secure funds * EU officials expect 12 bln euro loan to be handed over * Euro, stocks rise but markets still pricing in default * Schaeuble: ...
June 29, 2011, 4:53 pm Stocks closed higher for the third day in a row Wednesday after Greece cleared a hurdle toward getting more emergency loans. Financial stocks rose after Bank of America reached a settlement with investors over failed mortgage securities.
June 29, 2011, 11:45 am Stocks are rising for a third day as Greece clears a hurdle to more emergency loans and Bank of America settles with investors over failed mortgage securities.
June 24, 2011, 1:21 am Regulators want to ensure mortgage lenders retain some of the risk on loans they originate, as it is crucial to strengthen the housing finance system, a top Treasury official said on Friday.
June 21, 2011, 5:34 pm Stocks rose for a fourth day straight Tuesday on hopes that a vote of confidence in the Greek government will help the country avoid a default. A successful vote could reassure investors that the country will push through budget cuts required for getting another installment of emergency loans.
June 20, 2011, 11:31 am * Decision delayed on Greece loans * S&P 200-day moving average 1,259 closely eyed * Dow up 0.6 pct, S&P up 0.4 pct, Nasdaq 0.2 pct * For up-to-the-minute market news see [STXNEWS/US] (Updates to late ...
June 20, 2011, 10:27 am * Decision delayed on Greece loans * S&P 200-day moving average 1,259 closely eyed-strategist * Indexes: Dow up 0.2 pct, S&P, Nasdaq flat * For up-to-the-minute market news see [STXNEWS/US] (Updates to ...
June 20, 2011, 9:34 am NEW YORK, June 20 (Reuters) - U.S. stocks fell at the openon Monday as a delay in emergency loans to Greece and apossible downgrade of Italy's credit rating rekindled fearsabout the euro zone debt ...
June 20, 2011, 9:05 am * Decision delayed on Greece loans * Moody's threatens to cut Italy's credit rating * S&P 200-day moving average 1,259 closely eyed-strategist * Futures down; S&P 5.3 pts, Dow 48 pts, Nasdaq 9.75 ...
June 20, 2011, 7:59 am * Decision delayed on Greece loans * Moody's threatens to cut Italy's credit rating * Futures down; S&P 7 pts, Dow 64 pts, Nasdaq 10.75 pts * For up-to-the-minute market news see [STXNEWS/US] (Adds ...
June 20, 2011, 7:32 am Stock index futures fell on Monday after euro zone finance ministers postponed a final decision on extending emergency loans to debt-stricken Greece.
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