"The reality is banks have to be strong enough to lend but they also have to be able to lend," says American Bankers Association President Frank Keating. ..
Bankrupt virtual currency dealer Mt.Gox finally had some good news for customers who have seen some 750,000 bitcoins lost from their accounts. Turns out some 200,000 of the mi ..
The company, which has bet its growth on emerging markets such as China and Russia, is likely being conservative because of growing economic and political uncertainty in some ..
"There are many officials who are questioning whether [stress tests] are being taken seriously...and whether the banks are capable of demonstrating that they could fail w ..
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Singapore state investor Temasek Holdings (TEM.UL) has agreed to buy almost a quarter of health and beauty retailer A.S. Watson for about $5.7 billion in what would be its sin ..
But the U.S. Federal Reserve's plans look set to resume center stage later in the day as a number of its officials give speeches. An escalation of U.S. sanctions against ..
More than five years after the financial crisis struck, the biggest U.S. banks are better able to withstand a severe recession than at any time since the meltdown, the Federal ..
GM's recall of 1.6 million vehicles, due to an ignition-switch problem linked to 12 fatalities, has put the Detroit automaker in Congress' cross hairs, with potentia ..
World stock markets bounced back Friday as upbeat U.S. economic data helped shake off worries about future increases in U.S. interest rates. ..