bank's tag archives

About house aig, aig bailout, treasury, geithner aig, new, bank

Treasury Secretary Timothy Geithner on Thursday agreed to testify at a congressional hearing about the federal bailout of American International Group, Inc. The hearing, now scheduled for Jan. 27, is looking in particular at how and why AIG paid 100 ...http://www.law.com/jsp/cc/PubArticleCC.jsp?id=1202438207245&hubType=Top%20Story&WASHINGTON—A House government oversight panel ordered the Federal Reserve Bank of New York to produce documents related to its role in American International G...

About global recovery, growth, adb, asian

MANILA—Asian Development Bank (ADB) President Haruhiko Kuroda said Thursday that China's move to raise bank reserve requirement this week will help cool down the overheating real estate sector but will not undermine the country's strong recovery. ...http://dailymailnews.com/0110/15/ChinaPage/ChinaPage5.phpMANILA, Philippines - The president of the Asian Development Bank (ADB) expressed confidence that most developing countries, including the Philippines, will achieve its Millennium Development G...

About european central bank, ecb, trichet, greece

The euro slumped against major currencies amid renewed concerns about Greece's fiscal woes as European stock markets edged higher. Oil and gold prices fell as weak readings on US retail sales and jobless claims undercut optimism about ...http://online.wsj.com/article/BT-CO-20100114-711048.html?mod=WSJ_latestheadlinesAP BERLIN--The number of counterfeit euro bank notes withdrawn from circulation rose 8% during the last six months of 2009, with the €20 bill the most widely forged, the European Cen...

About federal reserve, policy, fed’s plosser, bank

Jan. 13 (Bloomberg) -- The dollar rose against the yen, ending three days of losses, after Federal ReserveBank of Philadelphia President Charles Plosser said policy makers must raise rates before unemployment falls to an acceptable ...http://www.businessweek.com/news/2010-01-12/dollar-near-three-week-low-on-fed-s-PHILADELPHIA (Dow Jones)--Healthy growth and keeping inflation low are the ways the Federal Reserve can preserve the US dollar, Federal ReserveBank of Philadelphia President Charles Plo...

About financial, banks, new tax, obama bank fee

The Obama administration has just proposed a new fee — otherwise known as a tax — on the country's largest financial institutions. The tax aims to recover the difference between the bailout funds provided to these ...http://www.investors.com/NewsAndAnalysis/Article.aspx?id=518158Jan. 14 (Bloomberg) -- Toronto-Dominion Bank, Canada's second-largest bank, may be among lenders subjected to the bank tax announced today by US President Barack Obama, CI Capital Markets analyst Brad Smith said. ...http...

About banks, obama bank fee, obama tax

Jan. 14 (Bloomberg) -- Toronto-Dominion Bank, Canada's second-largest bank, may be among lenders subjected to the bank tax announced today by US President Barack Obama, CI Capital Markets analyst Brad Smith said. ...http://www.bloomberg.com/apps/news?pid=20601082&sid=aWKylTwZ.Wo4President Barack Obama describes his plan to impose a tax to recoup taxpayer expenditures for the financial-sector bailout. President Barack Obama unveiled his proposed $90 billion bank tax Thursday with some of his ...

About asian development bank, global recovery, growth, adb, global crisis

THE PHILIPPINES must look for new growth drivers, address corruption, and improve its fiscal position to keep its economy resilient amid a fragile global recovery, the Asian Development Bank (ADB) said. Asian Development Bank President Haruhiko Kuroda ...http://www.bworldonline.com/main/content.php?id=4647The Asian Development Bank is implementing changes to the way it does business to improve the quality and responsiveness of its work and lower transactions costs. The Asian Development Bank (AD...

About krawcheck, merrill lynch affluent, merrill survey, retirees

(Adds details from Spectrem survey about number of high- net worth households in seventh paragraph.) By Alexis Leondis and Jeff Plungis Jan. 14 (Bloomberg) -- A majority of wealthy Americans said they're concerned that they won't have enough retirement ...http://www.businessweek.com/news/2010-01-14/krawcheck-says-53-of-wealthy-fear-ouNEW YORK, Jan 14 (Reuters) - Sallie Krawcheck says reports of the great broker exodus have been greatly exaggerated. Indeed, the president of Bank of America's glob...

About european central bank, ecb, trichet, greece

FRANKFURT — European Central Bank head Jean-Claude Trichet on Thursday dismissed the notion that Greece could leave the eurozone because of its debt crisis but told Athens it had to get its finances in order. Trichet said suggestions that Greece might ...http://www.google.com/hostednews/afp/article/ALeqM5g7NkNQ5CgNGgw05YhumIZB_fdJSAJan. 11 (Bloomberg) -- European Central Bank President Jean-Claude Trichet, speaking on behalf of the world's central bankers, said financial institutions must improv...

About house aig, aig bailout, treasury, geithner aig, new, bank, secretary

Jan. 14 (Bloomberg) -- US TreasurySecretary Timothy Geithner said he's confident the government took the appropriate steps in rescuing American International Group Inc., though the need to do so was “deeply offensive” to him. ...http://www.businessweek.com/news/2010-01-14/geithner-says-confident-government-sBREAKING NEWS: TreasurySecretary Timothy Geithner on Thursday agreed to testify at a congressional hearing about the federal bailout of American International Group, Inc. The hearing, now sch...