Topic: Banking Services
Bank regulators may extend crisis-era guarantee
Reuters US Online Report Business News
WASHINGTON (Reuters) - U.S. bank regulators may extend a guarantee program set up at the peak of the financial crisis, fearing that ending the program could spark liquidity failures at small banks. Sheila Bair, chairman of the Federal Deposit Insurance Corp, said on Thursday that the agency is considering extending ...
Wachovia settles money laundering case for $160M
AP News
Wachovia paying $160M to settle case involving laundering of Mexican drug moneyBanking giant Wachovia Corp. will pay $160 million to settle a federal investigation into laundering of illegal drug profits through Mexican exchange houses in the largest case of its kind ever brought against a U.S. bank, prosecutors said ...
christopher carley
WENN
Fed boss makes case to keep all banking duties
AP News
Bernanke tells Congress: Don't scale back Fed banking supervisionFederal Reserve Chairman Ben Bernanke on Wednesday urged Congress not to scale back the Fed's regulatory authority over banks. He said the Fed needs the information it gleans from its bank oversight to set interest rates and gauge the health ...
Related Videos by 5min
on OneRiot
Related Photos by Flickr
