Story | Jul 10, 2014 | 6:11 PM
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Story | Jul 11, 2014 | 2:12 AMLONDON, Reuters - The Bank of England said on Friday that big British banks and lenders might need to set aside more capital than planned under global rules being drawn up to prevent a repeat of the financial crisis.
Story | Jul 10, 2014 | 3:59 PM
NEW YORK (Reuters) - Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co, slightly reduced his holdings of U.S. Treasuries and government-related debt in June but increased his use of derivatives on a bet the Federal...
Story | Jul 10, 2014 | 2:43 PM
CAMBRIDGE Mass (Reuters) - The Federal Reserve's new vice chair all but dismissed the idea of breaking up the largest U.S. banks, saying on Thursday it is unclear that such a complex task would help stabilize the country's financial system. In his most...
Story | Jul 10, 2014 | 12:55 PM
(Reuters) - Certain economic formulas are pointing to a Federal Reserve interest rate hike as early as this year, a Fed official said on Thursday, according to Dow Jones. "As I look at some of the policy prescriptions that the Federal Reserve relies on,...