Thursday, 10 May 2012 | Posted By:
| Source: CNBC.com
Investors pouring their money into long-term government bonds are deluding themselves into thinking they're getting safety against economic turmoil, hedge fund titan Paul Singer said.
Wednesday, 11 Apr 2012 | Source: The New York Times
With the financial industry recovering and fee income reduced by new regulations, lenders are seeking to woo back less creditworthy borrowers. The New York Times reports.
In another milestone in the banking industry’s recovery from the financial crisis, the Federal Reserve this week will release the results of its latest stress tests, which are expected to show broadly improved balance sheets at most institutions, the New York Times reports.
Wednesday, 29 Feb 2012 | Posted By:
| Source: CNBC.com
Faced with the same set of circumstances again, former Bear Stearns CEO Alan Schwartz said he probably wouldn't have done anything different as the firm cascaded toward bankruptcy.
US authorities are preparing to charge four former Credit Suisse employees with criminal and civil fraud related to write-downs on subprime mortgage derivatives at the height of the financial crisis, sources familiar with the matter said.
Foreign buyers, largely from South America, but also from Europe, Russia and China, are flooding into the Miami area, and that has developers rushing to keep up with demand... Read More