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.» Read More
*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.
GOVERNMENT REPORT FINDS FINANCIAL MARKET PARTICIPANTS BELIEVE REGULATORY REFORMS REDUCED LIKELIHOOD GOVERNMENT WOULD BAIL OUT BIGGEST U.S.
*Mechel's debt totals $8.6 bln. MOSCOW, July 30- Russia has prepared two different options for bailing out indebted coal miner Mechel and both involve a change in ownership, President Vladimir Putin's top economic aide said on Wednesday.
RUSSIAN GOVERNMENT PREPARES TWO WAYS TO BAILOUT COAL MINER MECHEL, BOTH SUGGEST OWNERSHIP CHANGE- KREMLIN AIDE.
KIEV, July 28- Ukrainian Prime Minister Arseny Yatseniuk said on Monday any failure by lawmakers to approve budget amendments on a second attempt would amount to the breakdown of Kiev's bailout deals with the International Monetary Fund and the World Bank.
MOSCOW, July 9- Russian state-owned development bank Vnesheconombank said on Wednesday it would not take part in a bailout of indebted miner Mechel, extinguishing hopes for a convertible bond scheme that was seen as its most likely lifeline.
WASHINGTON, June 20- The International Monetary Fund should ask private bondholders to hold onto the debt of financially distressed countries for longer, as the global lender seeks to improve its sovereign debt restructuring strategy, IMF economists said on Friday.
*Mechel may issue convertible bonds. *Mechel to use proceeds to pay off a part of its debt. STAVROPOL/ MOSCOW, Russia, June 19- Russia is considering a $5 billion bail-out of Mechel, the country's largest producer of steelmaking coal, a government official said on Thursday, a rescue deal that could reduce the stake of controlling shareholder businessman Igor Zyuzin.