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ReutersThe top U.S. regulator adopted watered-down rules to bring swaps onto exchange-like trading platforms in the $640 billion derivatives market, giving big† banks a boost. The rules constitute a compromise that critics say means supervisors have fewer tools...
Tags: Finance, Lobbying, Politics, Business, Thomson Corporation
AP Business WriterWASHINGTON (AP) — A rule intended to loosen the largest U.S. banks' control over the trading of complex investments and help safeguard the financial system was weakened Thursday by regulators. Critics say the changes will allow major Wall Street...
Northeast Utilities is borrowing $750 million in order to pay down other senior debt obligations as well as some of the company's more than $1 billion in short-term debt, according to filings with the Securities and Exchange Commission. After...
First Spider-Man, now Iron Man? We’re in for real trouble if the Incredible Hulk turns on us. For the second time in a week, authorities are looking for a masked superhero that has robbed citizens of their hard-earned dollars. According to the...
A 57-year-old man was arrested Saturday on suspicion of bank robbery after being spotted leaving the bank in a cab, San Diego police said. Andrew Geils was arrested minutes after a robbery at a Citibank branch in downtown San Diego. Witnesses reported...
South Bend Tribune ReportSOUTH BEND -- The Rev. Josť E. Ahumada and John J. Brennan recently were elected to the University of Notre Dame's board of fellows. They fill vacancies left by the Rev. E. William Beauchamp and Patrick F. McCartan, both of whom reached the board...
For a while, J.C. Penney and Best Buy seemed to be doppelgangers. The two retailers struggled with intensifying competition after years of comfortable stagnation. Beset by Wall Street skepticism and shaky consumer loyalty, each made sweeping attempts at...
There must be gray in your hair, at least at the roots, if you can remember when Bob Sutton wasn’t involved in public affairs in South Dakota. † Sutton is only 44, but it seems like he’s been around forever getting things done. His latest role...
A banking tax break that has become a well-known loophole is likely to be preserved for another year – but could be repealed in 2014, a top lawmaker said Monday. Rep. Ritch Workman, the Melbourne Republican who chairs the House Finance & Tax...
NEW YORK — As Bank of America Corp. pulls itself free from a swamp of mortgage liabilities, new troubles keep threatening to suck it back under. BofA agreed to settle a big insurer's claims over faulty mortgage bonds for $1.7 billion Monday. But...
NEW YORK -- New York state's attorney general plans to sue Wells Fargo and Bank of America over alleged violations of a national mortgage settlement reached last year. Atty. Gen. Eric Schneiderman's office said Monday it intends to sue the banks for...
NEW YORK -- Violations of a landmark mortgage settlement alleged by New York's attorney general are also widespread in California, a housing advocacy group says. “Banks aren’t doing what they’re supposed to be doing to help people stay...
May 17, 2013 |Story| Chicago Tribune
May 16, 2013 |Story| AP Broadcast
May 15, 2013 |Story| Hartford Courant
May 9, 2013 |Story| Los Angeles Times
May 11, 2013 |Story| Los Angeles Times
May 12, 2013 |Story| South Bend Tribune
May 10, 2013 |Story| Los Angeles Times
May 10, 2013 |Story| Aberdeen News
Apr 29, 2013 | Orlando Sentinel
May 7, 2013 |Story| Los Angeles Times
May 6, 2013 |Story| Los Angeles Times
May 6, 2013 |Story| Los Angeles Times
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