ABUJA, Sept 20- Nigeria's oil minister announced a 213 billion naira bail-out package for power companies on Saturday, nearly a year after the sector was privatised.» Read More
ATHENS, Greece— Greece has made its second successful return to the bond markets as the government revealed Friday that it was beating a key bailout budget target— and by a big margin.
WASHINGTON, Sept 2- Ukraine may need as much as $19 billion in additional funds from donors if its conflict with pro-Russian separatists in the eastern part of the country continues in 2015, the International Monetary Fund warned on Tuesday.
ISLAMABAD, Sept 2- Anti-government protests that have gripped Islamabad since mid-August could throw off course economic reforms Pakistan promised to deliver in return for an IMF bailout, senior officials said, raising the risk of a sovereign rating downgrade.
Aug 26- A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American International Group, over the insurer's government bailout, clearing the way for a Sept. 29 trial.
KIEV, Aug 20- Ukraine's conflict with separatist rebels is draining the economy by the day and hampering efforts to implement reforms as required by an IMF bailout program, Prime Minister Arseny Yatseniuk said on Wednesday.
In the complaint, Pershing Square alleged that Treasury illegally seized tens of billions of dollars in Fannie and Freddie profits.
Aug 16- Activist Bill Ackman's Pershing Square Capital Management LP filed its second lawsuit in two days against the U.S. government over bailout of Fannie Mae and Freddie Mac, court documents show.
*Senior bondholders in Banco Espirito Santo spared pain. FRANKFURT, Aug 13- Portugal is making the same costly mistake as Ireland by rescuing a troubled bank and largely sparing its bondholders losses, one of the architects of Ireland's bailout has warned.
TORONTO, Aug 8- Standard& Poor's said on Friday it had revised its outlook on Canadian banks to "negative," due to concerns the government is becoming less willing to bail out banks in the event of a financial crisis.
Aug 7- Fannie Mae and Freddie Mac said on Thursday they would pay dividends totaling $5.6 billion to the U.S. Treasury next month, pushing taxpayers further into the black on their bailout of the mortgage finance firms.
WASHINGTON, Aug 5- U.S. regulators on Tuesday told banks to come up with better living wills, inching a step closer to taking action if these plans to avoid taxpayer bailouts during a future crisis were still deficient next year.
WASHINGTON, Aug 5- U.S. regulators on Tuesday told banks to come up with better plans to avoid taxpayer bailouts during a future crisis, inching a step closer to taking action if they still found the so-called living wills deficient next year.
CNBC's Rick Santelli speaks to Vernon Smith, professor of economics at Chapman University & Nobel Laureate winner, about the hidden cost of bailouts.
Wolfango Piccoli, managing director at Teneo Intelligence, says that a disbanding of the Troika would be a "tough sell" as doubt remains over whether Greece can deliver a reform plan.
*Gold has now dropped in five out of six sessions. NEW YORK/ LONDON, Aug 4- Gold fell on Monday as a bailout agreement to rescue Portugal's largest listed bank and a better tone to the global economy reflected by a higher S&P 500 equities index lessened safe-haven buying in the yellow metal.
Portugal bailed out Banco Espirito Santo (BES), its biggest bank. Get used to seeing this.
Portugal will spend 4.9 billion euros ($6.58 billion) to rescue its largest listed bank, testing the euro zone's resilience to another banking crisis.
LISBON, Aug 3- Portugal will spend 4.9 billion euros to rescue its largest listed bank, testing the euro zone's resilience to another banking crisis just months after Lisbon exited an international bailout.
LISBON, Aug 3- Troubled Portuguese lender Banco Espirito Santo is expected to be split into "bad" and "good" banks under a multi-billion euro state rescue plan being hashed out by Lisbon and EU authorities, people familiar with the talks said on Sunday.
The assembly's about-turn on laws it refused to back a week earlier offers relief to Kiev's Western backers, who had feared Ukraine was sliding deeper into political chaos and might renege on an international bailout as it heads into an election period.