Posts Tagged ‘banking’
Greek default fears slam banking sector (AP)
AP – Fears of a Greek debt default and signs of division among Europe’s policymakers over how to manage the debt crisis sent bank stocks sharply lower on Monday, raising worries about the sector’s health.
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Stocks climb on banking reform, China growth (AP)
AP – Stocks extended their rally into a third week Monday as investors sent bank stocks higher following new global regulatory requirements and China’s economy continued its robust growth.
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Futures surge on banking reform, Chinese growth (AP)
AP – Stock futures rose sharply Monday as investors gained confidence in the banking sector following the passage of new global regulations and China’s economy continued its robust growth.
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Markets welcome new global banking rules (AP)
AP – Bank stocks rose Monday on news that global regulators have agreed on new banking rules aimed at averting another financial collapse.
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Global banking rules aim to balance safety, growth (AP)
AP – Banks will have to significantly increase their capital reserves under rules endorsed Sunday by the world’s major central banks, which are trying to prevent another financial collapse without impeding the fragile economic recovery.
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Obama, Dems hope banking bill will fire up voters in November
President Obama takes off for a short vacation today with a major accomplishment packed in his bag – a financial overhaul that will be a major keepsake on the campaign trail.
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Major banking bill faces final vote this week (AP)
AP – President Barack Obama on Tuesday secured the 60 votes he needs in the Senate to pass a sweeping overhaul of financial regulations, all but ensuring that he soon will sign into law one of the top initiatives of his presidency.
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