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Articles in category: Business, Economy & Finance
172 Articles (43 Pages, 4 Articles per Page)
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US securities regulators on Wednesday night said they would subpoena hedge funds for their past trading records.
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Russiaâ??s two main bourses, RTS and MICEX, suspended trading until further notice on Wednesday, after shares continued to tumble one day after their steepest decline in more than a decade.
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The US Federal Reserve announced that it will lend AIG up to $85bn in emergency funds in return for a government stake of 79.9 per cent and effective control of the company.
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Bank of America on Sunday announced the takeover of Merrill Lynch for $50bn, just hours after abandoning talks with Lehman. Lehman Brothers said it would file for bankruptcy protection.
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