The U.S. Federal Reserve this month asked nine banks that were part of "stress tests" conducted earlier this year to submit plans to repay money injected under the Troubled Asset Relief Program (TARP), Bloomberg said, citing a person familiar with the situation.

Bank of China is studying various ways to raise capital but has no plans for now to do so, the Beijing-based lender said on Tuesday.

"Bonus" has become a dirty word on Wall Street, prompting image consultants to advise the biggest financial firms to use euphemisms that carry less stigma as the season of lavish payouts approaches.

Bear Stearns and Lehman Brothers paid their executives largely in stock, and that stock lost most or all of its value when those companies collapsed. But three professors at Harvard - citing a study - dispute that executives at Bear and Lehman were wiped out along with their companies. The New York Times reports.

Several U.S. policy makers consider JPMorgan Chase Chief Executive Jamie Dimon as a potential successor to U.S. Treasury Secretary Timothy Geithner, the New York Post said, citing sources.

Iran has gained $5 billion through its policy of shifting away from the U.S. currency in favors of the euro, state television reported on Monday, citing Central Bank Governor Mahmoud Bahmani.

Several U.S. policy makers consider JPMorgan Chase & Co Chief Executive Jamie Dimon as a potential successor to U.S. Treasury Secretary Timothy Geithner, the New York Post said, citing sources.

For the first time in a decade, more people paid their credit card bills on time in the third quarter this year than in the second quarter.

Industrial Bank, a mid-sized Chinese lender, said on Monday it would raise up to 18 billion yuan ($2.64 billion) in a rights issue to boost its capital adequacy ratio.

Vladimir Putin pledged on Saturday to widen Russia's anti-crisis aid package with a car scrappage scheme and mortgage support to jolt the economy out of the worst recession in 15 years.

The Senate Banking Committee said on Friday it will hold a hearing on Federal Reserve Chairman Ben Bernanke's renomination to a second term on December 3, putting the central bank chief under scrutiny at a time when the Fed is facing intense criticism in Congress.

Three years after a billionaire divorce gone terribly wrong, this is what is left: unfinished plans for America's largest home, several bankruptcies and an auction featuring a talking moose head.

A U.S. congressional panel on Thursday approved a measure to open the Federal Reserve's monetary policy decisions to government audits, a surprise blow to the central bank's efforts to shield its independence and a signal of frustration with the central bank.

Whiel Wall Street profits have rebounded to record levels, the Street is not showing signs yet of a real employment recovery.    

Some of Goldman Sachs Group's largest shareholders have asked the company to cut the size of its bonus pool and pass along more of its profits to investors, the Wall Street Journal reported, citing people familiar with the situation.