Finance
Financial News
NEW YORK (Reuters) - Stocks were little changed on Monday as a late rebound in financial stocks offset nagging worries the Chinese government may tighten credit, a move that could slow growth in the global economy.
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WASHINGTON (Reuters) - The Federal Reserve would take on a greatly expanded role in financial regulation under new legislation unveiled on Monday by a top Senate Democrat, in a push to move ahead with the regulatory reform that has been a top priority of President Barack Obama.
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NEW YORK (Reuters) - Lehman Brothers Holdings Inc on Monday filed a plan with the U.S. bankruptcy court in Manhattan to wind down its remaining assets and operations -- and end the largest U.S. bankruptcy case in history.
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NEW YORK (Reuters) - The New York Federal Reserve Bank's president would become a political appointee and bank chiefs like JPMorgan Chase's Jamie Dimon could no longer sit on the board of their regulator under a proposal unveiled by the head of the Senate Banking Committee on Monday.
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BRUSSELS (Reuters) - Finance ministers from the 16-country euro zone agreed on Monday to mobilize financial aid for Greece rapidly if needed but revealed little of how their standby plan for the debt-stricken nation would work.
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(Reuters) - The Wachovia Bank unit of Wells Fargo & Co is in talks with the U.S. Justice Department to settle complaints relating to the alleged failure in bank controls that enabled Mexican exchange houses to launder drug money, the Wall Street Journal said, citing people familiar with the situation.
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NEW YORK (Reuters) - Credit card delinquency rates improved at JPMorgan Chase & Co and a majority of others -- a sign the lenders still face hurdles in the wake of the deep recession.
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WASHINGTON (Reuters) - President Barack Obama faced growing congressional pressure on Monday to get tough with China over its currency practices, one day after Chinese Premier Wen Jiabao brushed off accusations that Beijing was undervaluing its currency for an unfair trade advantage.
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World News
England star David Beckham's dreams of crowning his soccer career by playing at a fourth World Cup appear to have been shattered by a suspected Achilles tendon injury. 6 QUESTIONS ON BECKHAM l REACTION l
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Romel Joseph calls it his second life.
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In a bid to end what it calls illegal riots, the Israeli military will prohibit outsider access to areas in two occupied West Bank villages one day a week, according to a statement explaining the move.
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Catholic Church officials never prosecuted more than half the roughly 3,000 priests accused of sexual impropriety in the past decade, a top Vatican official has revealed.
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Police across Europe arrested 69 suspected members of a Georgian-run mafia, including 24 in Spain, which was leading the investigation, a National Court spokeswoman told CNN Monday.
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Anti-government protesters threatened Monday to begin collecting hundreds of liters of blood to toss on official buildings as they step up their efforts to bring down Thai Prime Minister Abhisit Vejjajiva's administration.
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A parked car bomb detonated Monday on a busy street in central Iraq, killing at least seven people and injuring 13 others, police said.
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A bus plummeted 70 feet into a dry riverbed in northwestern India on Monday, killing at least 26 passengers and injuring 34 others, police said.
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Banking News
Current and former members of the UBS executive board received much more in pay and bonuses for 2009 than in the year earlier....
A new bill to tighten regulation of US banks is unlikely to get a kind reception from some Republicans when it is unveiled on Monday....
Singer Courtney Love confessed she made a mistake blaming ex-boyfriend Edward Norton for a bad financial investment that allegedly cost her $300,000....
Technicoil Corporation Reported Financial And Operating Results For The Year Ended December 31, 2009
CALGARY, ALBERTA--(Marketwire - March 15, 2010) - NOT FOR DISTRIBUTION INTO THE UNITED STATES OR TO UNITED STATES WIRE SERVICES Technicoil Corporation ("Technicoil" or the "Corporation") (TSX:TEC) r......
Cascade Bancorp lost $93.1 million in 2009, improving on 2008’s $134.6 million loss, the bank holding company announced Monday. The loss equates to $3.32 per share for the parent of...
lost $40 million in the final quarter of 2009, as the bank struggled through a “very difficult” period, officials said on Monday. The fourth-quarter loss, which equaled $1.40 per share, c......
FOREIGN HOLDINGS: China trimmed its holdings of U.S. Treasury securities for a third month in January, reducing its position to $889 billion, a drop of $5.8 billion from December....
Chip maker Pericom Semiconductor Corp. said Monday that Aaron Tachibana, former chief financial officer of Asyst Technologies Inc., will join the company as CFO....
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