Topic: Wall Street
Britain's financial watchdog said on Thursday it had fined Wall Street bank Goldman Sachs 17.5 million pounds (27 million dollars) for not providing it with information linked to US fraud charges. The Financial Services Authority said the fine, equivalent to 21 million ...
Britain's financial watchdog said on Thursday it had fined Wall Street bank Goldman Sachs 17.5 million pounds (27 million dollars) for not providing it with information linked to US fraud charges. The Financial Services Authority said the fine, equivalent to 21 million ...
Citigroup spent $1.47 million lobbying in 2nd qtr on Wall Street reform, banking regulationsCitigroup Inc. spent $1.47 million in the second quarter to lobby the federal government on various aspects of the financial regulatory overhaul and other issues, according to a disclosure ...
Longtime NYC congresswoman faces strong bid by newcomer with Wall Street at center stageIt's an audacious gamble, even with anti-establishment fever running high: a former hedge fund lawyer trying to unseat a nine-term congresswoman popular in her district. As political newcomer Reshma ...
SPIN METER: In fresh wave of bailouts, Obama plan directs $30 billion to aid community banksPeople are fed up with bank bailouts that risk taxpayer billions. The government's apparent solution: call them something else. Congress is at work on a new program ...
U.S.-backed housing finance giants Fannie Mae and Freddie Mac, with their broken business models, are notoriously absent from the U.S. financial rules overhaul close to becoming law. Inclusion of housing finance reform would bog down the broadest Wall Street reform since the ...
The US Senate gave final approval to the most sweeping rewrite of Wall Street rules since the Great Depression of the 1930s, handing President Barack Obama a legacy-shaping political victory. Obama, due to sign the 2,300-page bill into law next week, promised ...
NEW YORK (Reuters) - The Treasury will not launch its revamp of housing finance until next year as it concentrates first on swift implementation of financial reform legislation, the Treasury's number two official said on Thursday. U.S.-backed housing finance giants Fannie Mae ...
WASHINGTON (Reuters) - Smaller banks that got U.S. government bailout money are likely to run into trouble repaying it and may become vulnerable to takeovers as a result, a congressional watchdog agency warned on Wednesday. In its latest critique of the Treasury ...
Bailouts designed for Wall Street may be hurting small banks, stalling recovery, watchdog saysTo the list of economic woes squeezing small banks, add another one: government bailouts. The Treasury Department's bailout program was designed with Wall Street megabanks in mind, according to ...