Topic: Banking Services
Tories vow to introduce banking tax
AFP European Edition
The Conservatives pledged Saturday to impose a US-style tax on banks to claw back money spent bailing them out, just weeks before a general election they are tipped to win. "We had the biggest bank bail-out in the world. We can't just carry on as if nothing happened," said ...
Bernanke: Keep Fed as watchdog of small US banks
AP News
Fed Chairman Bernanke tries to makes case for Fed to retain role as watchdog of smaller banksFederal Reserve Chairman Ben Bernanke made a fresh pitch Saturday to retain oversight of small banks, contending that what the Fed learns from that role helps it assess the overall health of the entire ...
Regulators shut 7 banks in 5 states; 37 in 2010
AP News
Regulators shut banks in Alabama, Georgia, Minnesota, Ohio and Utah; makes 37 this yearRegulators on Friday shut down seven banks in five states, bringing to 37 the number of bank failures in the U.S. so far this year. The closings follow the 140 that succumbed in 2009 to mounting ...
Court orders Fed to release bailout documents
Reuters US Online Report Top News
NEW YORK (Reuters) - In a significant victory for news media, a federal appeals court said the Federal Reserve must disclose records on emergency lending programs to banks bailed out by the government in the financial crisis. The Second Circuit Court of Appeals on Friday ordered the Fed to release details ...
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