The "Fast Money" traders share their final trades of the day.» Read More
Dec 12- U.S. insurer American International Group is in talks to sell its aircraft leasing business to AerCap Holdings NV, a person briefed on the discussions said.
WASHINGTON, Dec 12- The U.S. Treasury Department's insurance office called for a bigger federal government role in insurance regulation, including new standards for mortgage insurers, and said state officials should improve oversight of the entire industry.
WASHINGTON, Dec 12- The U.S. Treasury Department's insurance office on Thursday called for federal oversight of mortgage insurers, adding that state regulators should improve oversight of the entire industry.
AIG is in talks with AerCap about a $5 billion sale of its aircraft leasing unit, sources familiar with the talks said Thursday.
"Dilbert" creator Scott Adams visited this week, bringing custom characters for hosts Joe Kernen, Becky Quick and Andrew Ross Sorkin.
Trading desks in Europe and Asia are eagerly waiting for the United States to stipulate under what conditions they can follow just their domestic rules on swaps trading and still continue to deal with U.S. counterparties, rather than abiding by the Dodd Frank regulation as well.
Hedge fund managers are riding their best stock ideas as long as possible and but overall returns continue to lag.
A new region has recently taken over as the most attractive emerging market, according to a recent survey, and the returns are proving it.
NEW YORK, Nov 21- A decision on whether to approve Bank of America Corp's proposed $8.5 billion settlement with investors in mortgage securities is now in the hands of a New York state judge, after a nine-week court proceeding ended on Thursday.
NEW YORK, Nov 21- Bank of America Corp urged a U.S. federal judge to impose no penalty even after a jury found it liable for fraud over the sale of defective mortgages by its Countrywide Financial unit.
WASHINGTON, Nov 20- President Barack Obama's nominee to serve as deputy U.S. "A one-size-fits-all approach is not going to work here," Sarah Bloom Raskin told the Senate Finance Committee during her confirmation hearing.
WASHINGTON, Nov 20- President Barack Obama's nominee to serve as deputy U.S. "A one-size-fits-all approach is not going to work here," Sarah Bloom Raskin told the Senate Finance Committee during her confirmation hearing, noting that insurance companies and banks have "very different" structures.
Former Treasury Secretary Tim Geithner had offers from some of the biggest firms on Wall Street. So why did he choose a low-key equity firm?
Critics of the former Treasury secretary's move to private equity fail to pinpoint what he is doing that's so bad, writes POLITICO's Ben White.
Former Treasury Secretary Timothy Geithner has taken a job as president of the private equity firm Warburg Pincus.
NEW YORK, Nov 14- An expert witness testified on Thursday that Bank of America Corp's proposed $8.5 billion settlement with mortgage bond investors is "not reasonable" and rife with conflicts of interest, as opponents made a final push to derail the deal.
NEW YORK, Nov 14- An expert witness testified on Thursday that Bank of America Corp's proposed $8.5 billion settlement with mortgage bond investors is rife with conflicts of interest, as opponents made a final push to derail the deal.
Fairholme Capital's founder says he's confident he can raise the billions needed for his proposal to buy Fannie and Fannie's insurance components.
WASHINGTON, Nov 7- Timothy Massad, the Treasury official who leads the U.S. bank bailout program, is about to be selected as the new chair of the country's derivatives regulator, a source familiar with the matter said.
NEW YORK, Nov 6- American International Group Inc has agreed to settle a $274 million lawsuit by a former executive who said the insurer refused to pay him during the financial crisis in 2008.. The settlement came as a trial was due to have begun Tuesday in a federal court in New York, which was expected to reopen the issue of executive pay at AIG.