 BusinessWeek The Afghan Finance Ministry said the IMF had approved a three-year $129 million loan that will allow the government to undertake critical reforms in the banking andfinancial sector, further fiscal reforms in the customs and revenue departments and ... See all stories on this topic » | ||
| ||
| Recession stalks Europe's weakening economy BusinessWeek US banks haven't lent much to other banks or governments in Europe's most troubled countries. Dales said US banks had much greater exposure to Asia during that region'sfinancial crisis in the late 1990s than they now do to Europe, and the US economy ... See all stories on this topic » | ||
| European Banks Crisis: Smart Money Heading for the Exits as Stockholders Hang ... International Business Times Just as the money market funds have been cutting their exposure to Europeanfinancial institutions, investors in longer-term debt were scrambling for cover, negotiating a flurry of insurance agreements to protect themselves in case the banksdefaulted ... See all stories on this topic » | ||
| ||
| France and Germany clash over ECB crisis role IBNLive.com And there are growing signs of strain in the money market, the plumbing of the international financial system. Banks in the euro zone are finding it harder to obtain dollar funding. While the stresses are nowhere the levels of the 2008 financial crisis ... See all stories on this topic » | ||
| Big banks are dead money CNN Speaking at the Bank of America Merrill Lynch Banking and Financial Services Conference (nothing like appearing on friendly turf, eh?) Moynihan said that theeconomy is merely "bumping along" and that the consumer banking business is likely to be "less ... See all stories on this topic » | ||
| UK unemployment at 15-year high as outlook darkens San Francisco Chronicle The program hopes to boost lending activity — and therefore economic growth — by increasing the amount of cash available in the financial system. How much such a program can help create jobs is uncertain, however. The latest jobs figures from the ... See all stories on this topic » | ||
| Time to buy US banks? Fortune (blog) Details from another: the worst case scenario for the US is economic stagnation. Hardly cause for joy. Fine, he says, but that doesn't mean things can't get better from here. "For US financial institutions right now, the profit forecasts are pretty ... See all stories on this topic » | ||
| ||
| Printing money solves no crises: Faber Taipei Times By Crystal Hsu / Staff Reporter Marc Faber, center, stands on stage after making a speech at an event sponsored by Chinatrust Financial Holding Co in Taipei yesterday. Marc Faber, publisher of the Gloom, Boom and Doom report, yesterday reiterated his ... See all stories on this topic » | ||
| ||
| ||
| Lacker Says Criticism Against Fed Arises From Credit Plans BusinessWeek “In a time of crisis, you are less convinced that the private sector is working.” Lacker said the Fed has “done a lot” to prepare the banking system for a potential Europeanfinancial crisis. “I am less confident about the money market funds, ... See all stories on this topic » | ||
| HIGHLIGHTS 2-BOJ gov: some board members differ on Europe woes Reuters "Dollar funding at European banks has also worsened and there are signs of dollar assets being squeezed, or so-called deleveraging. There's a concern that this could curb lending to emerging economies and further affect trade and financial sectors. ... See all stories on this topic » | ||
| European Financial Gravity: The Era of "Extend and Pretend" Is Over Minyanville.com Without a more direct mechanism to circulate money through the general economiesof the world, investors are turning their attentions to the inaccuracy of pricing to reflect this reality. In the attempt to recreate 2005, central banks have tried to ... See all stories on this topic » | ||
| Various mechanisms considered to expand EFSF: IMF Lipsky Moneycontrol.com John Lipsky, current advisor to the managing director of the IMF and one of the longest serving officials in the IMF believes that European authorities are looking for formats in which the backstopping facility, the European financial stability ... See all stories on this topic » | ||
| ||
| Tax haven crackdowns concern Latin American bankers Miami Today By Scott Blake Regulatory crackdowns on banking tax havens are weighing heavy on the minds of international bankers, as evidenced at this week's Latin American Federation of Banks annual assembly in Miami. Spurred by the US financial crisisthat ... See all stories on this topic » | ||
| ||
| Taiwan banks invoke market disruption clauses Financial Times By Robert Cookson in Hong Kong Taiwanese banks have started to invoke rights that allow them to pass their rising funding costs on to companies, a controversial move, last seen during the 2008 financial crisis, which highlights stress in international ... See all stories on this topic » | ||
| Have PhD, will govern The Economist (blog) The money of both parties comes from the same place, that is why no matter who become the president, they will get pay back…. 1. 31% of US economy is financialservice(Banks, stock market, financial services, tax services, mutual funds, insurance,... See all stories on this topic » | ||
| ||
| Do the right thing Public Finance Of course, in this crisis we have also had a third factor hitting government finances – the 'bail out' of banks and financial institutions. These extraordinary transactions – often combining astronomically large sums of money and bewildering complexity ... See all stories on this topic » | ||
| Populism and lower oil may crimp Gulf sovereign wealth funds' appetite Al-Arabiya “The sovereign wealth funds have had a steep learning curve since the last financial crisis, when they lost around 25 percent of their wealth,” said Victoria Barbary, who runs independent sovereign fund research firm Dhana Advisory. ... See all stories on this topic » | ||
| Sweden Taps EU's Lowest Yields to Lock In 30-Year Funding BusinessWeek Sweden dealt quickly with its only bank failure since the financial crisis started four years ago. The state seized Carnegie Investment Bank in November 2008 and then resold it three months later for 2.3 billion kronor, recouping the original state ... See all stories on this topic » | ||
| ||
| Achoo! I Think I'm Coming Down with Something... Resource Investor The IMF has now finished its first review of China's banking system and it did not have too many comforting words to say about it. The review cites 'financial sector vulnerabilities' and 'domestic bank asset quality' along with 'high real estate ... See all stories on this topic » | ||
| ||
| EU's Van Rompuy Rejects UK Concerns of 'Two-Tier' Europe BusinessWeek US President Barack Obama pressed Europe to act more forcefully to stem the crisis, saying financial markets will remain unsettled until policy makers persuade investors that they will “do what it takes” to ensure the integrity of the euro region. ... See all stories on this topic » | ||
| Michael Lewis' storytelling skills put more economic tales on the bestseller list Kansas City Star If the book, essentially a compilation of pieces written for Vanity Fair magazine, reads like a prophecy-in-progress, Lewis fears we haven't hit bottom in the global financialmeltdown. "I just think it's going to take more pain," he says. ... See all stories on this topic » | ||
| Berlusconi quits as debt crisis hits eurozone's third largest economy Socialist Party Following months of intense pressure from the EU, the IMF and the financial markets, abandoned by Confindustria (Italian employers' federation), the Catholic Church, and finally members of his own government coalition and the party which he created ... See all stories on this topic » | ||
| University of Virginia Investing Conference Examines a Financial World in Turmoil Sacramento Bee 15, 2011 -- /PRNewswire-USNewswire/ -- A corps of financial experts touched on the high and low points of a world in economic turmoil during the two-day fourth annual University of Virginia Investing Conference. The experts — many who oversee billions ... See all stories on this topic » | ||
| ||
| Two-Tiered Justice: Financial Prosecutions at a 20-Year Low Firedoglake Yes, that's what I'd call a financial firm stealing money from depositors and using it on bets on their own account. And you can just go down the line. Since the financial crisis, very little if anything has changed on Wall Street. ... See all stories on this topic » | ||
| Analysis:Italy borrowing costs must fall before big spring bills Reuters "As a consequence, we expect Italy will ask the International Monetary Fund and the (EU's bailout fund) EFSF for financial support." However, the size of Italy's 1.8 trillion euro public debt means existing bailout mechanisms are insufficient to keep ... See all stories on this topic » | ||
| Trading at 2008 Lows in U.S. as Europe Swoons: Credit Markets San Francisco Chronicle The average daily volume of publicly traded investment- grade and junk bonds has declined to $12.4 billion this month, a 37 percent drop from January, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority. ... See all stories on this topic » | ||
| Europe - Time to Bite the Bullet Equities.com The SuperCommittee has been lost in the shuffle, upstaged by international financialworries and the state of our economy here at home. Nevertheless, it will raise its ugly head to remind us whether our government is, or is not, dysfunctional. ... See all stories on this topic » | ||
| Paying Market Makers, EU Credit Rating, JPMorgan: Compliance BusinessWeek Reuters reported yesterday that banks would get the information Nov. 18. TheFinancial Industry Regulatory Authority ordered JPMorgan Chase & Co. to reimburse customers more than $1.9 million for losses incurred from recommending unsuitable investments ... See all stories on this topic » | ||
| Has a Harvard Professor Mapped Out the Next Step for Occupy Wall Street? The Atlantic In his new book, Republic, Lost: How Money Corrupts Congress -- and a Plan to Stop It, he spends 20 pages reviewing the the 30 years of deregulation that led up to thefinancial crisis and outlining our present circumstances. In fact, this book, ... See all stories on this topic » | ||
| Euro economy stalls, may soon shrink Albany Times Union Even though Germany and France, Europe's twin engines of growth, are still growing, they are unlikely to defy the drag of the debt crisis much longer. Extended bouts offinancial volatility, of the kind that has hounded Europe for three years, ... See all stories on this topic » |
| China must tackle growing financial distortions, says IMF The 126-page report, part of the IMF's attempts to better foresee financial crises in the wake of the credit crunch, comes amid growing concern over the ... www.citywire.co.uk/money/china-must.../a541972?ref... |
| IMF Survey: Afghanistan to Get $133.6 Million IMF Loan Afghanistan has started to take corrective steps in wake of Kabul Bank crisis; IMFprogram provides framework to manage economic impact of troop ... to effectively manage the Kabul Bank crisis and strengthen the financial sector based on .... area of anti-money laundering, and enhancing supervision and enforcement; and ... www.imf.org/external/pubs/ft/survey/so/.../CAR111511A.htm |
| IMF Warns China's Banks Face Growing Risks - ABC News More Money: Business Traveler · Foreclosure Mess · Ford's Comeback ... TheInternational Monetary Fund warned Tuesday that China's banks face growing risks... to concern about the world's second-largest economy amid Europe's debt crisis. ..."Despite ongoing reform and financial strength, China confronts a steady ... abcnews.go.com/.../imf-warns-chinas-banks-face-growing-risk... |
| BBC News - G20 'agrees to boost' International Monetary Fund The debt crisis also continues to threaten the much bigger Italian economy. Rome has been finding it increasingly difficult to borrow money in financial markets, and the ...US President Barack Obama warned that the eurozone financial crisis ... exit the euro, it could lead to financial contagion, as investors and ordinary bank ... www.bbc.co.uk/news/business-15567822 |
No comments:
Post a Comment