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Articles in category: Business, Economy & Finance
172 Articles (43 Pages, 4 Articles per Page)
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The head of the FSA, Britain??s top banking watchdog, supports the idea of new global taxes on financial transactions, warning that a ??swollen? financial sector paying excessive salaries has grown too big for society.
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In an announcement Natixis confirmed that BPCE would cover roughly ?35bn of its risky assets, through a guarantee that would ??remove the volatility of these assets?? results, allowing Natixis to focus on its new strategic direction?.
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Ben Bernanke is to be reappointed by President Barack Obama for a second four-year term as chairman of the Federal Reserve, according to White House officials.
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More than one in every eight homeowners with a mortgage was behind on home loan payments or in some stage of foreclosure at the end of the second quarter, as mounting unemployment aggravated the housing crisis, the Mortgage Bankers Association said.
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