The game may soon be up for banks that have made themselves look healthier by understating how risky their businesses are, which should help pension funds, savers and companies to decide which institutions to invest in.
Feb 1- Some Bank of America Corp customers weren't able to access their online banking accounts on Friday because of an internal systems issue, a person familiar with the matter said. Customers logging into Bank of America's website on Friday received a message that said the site was "temporarily unavailable."
BAC experienced widespread outages Friday on its website and mobile banking apps due to an internal technical malfunction, according to a person familiar with the situation.
WASHINGTON/ NEW YORK, Feb 1- Two top Federal Reserve officials painted a picture of cautious optimism on Friday for the U.S. economy in 2013, helped by stronger global growth as the central bank aggressively prints money to curb the nation's lofty rate of unemployment. But New York Federal Reserve President William Dudley and St.
ROME, Feb 1- Giuseppe Mussari, former chairman of Monte dei Paschi, has few friends these days as a scandal swamps the bank. A 50- year-old lawyer from Calabria with a passing resemblance to the late screen legend Marcello Mastroianni, Mussari had not sought a new term as Monte dei Paschi chairman and left the bank on April 27, 2012.
WASHINGTON, Feb 1- The U.S. economy is on track for a better performance this year and improving growth will put the Federal Reserve in a position to slow or halt its massive bond-buying program, a top central bank official said on Friday.
*One dissenter to January rate cut signal. MEXICO CITY, Feb 1- Mexico's central bankers disagreed over whether to send a signal that they might cut interest rates if inflation keeps cooling, according to minutes of their January discussions, released on Friday.
FRANKFURT, Feb 1- Banks will pay back only another 3.5 billion of emergency 3- year loans from the European Central Bank in a second repayment window next week, suggesting a whopping 137 billion handed back this week was a one-off show of strength.
SHANGHAI, Feb 1- China's yuan closed near a four-week low on Friday after the central bank appeared to intervene to weaken the currency in response to declines in the yen and other Asian currencies.