TOP 100 FINANCIAL SITES
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| Expected loan losses drag down U.S. bank earnings WASHINGTON (Reuters) - Anticipating higher loan losses, U.S. banks and thrifts set aside record amounts of money last year, driving down their earnings, as the housing and credit markets soured, U.S. regulators said on Tuesday. feeds.reuters.com |
Banking group cool to Paulson's proposal for cutting dividends NEW YORK (MarketWatch) -- The nation's banks reacted coolly Thursday to Treasury Secretary Henry Paulson's suggestion that the industry trim back dividends as a means of preserving capital. feeds.marketwatch.com |
Senate deal breathes new life into housing rescue efforts Legislation to rescue the collapsed housing market has been given new life in the Senate, as the bipartisan leaders reached an agreement Tuesday on how to move forward. feeds.marketwatch.com |
Santander says bought 2.3 pct of RBS in 2007 MADRID (Reuters) - Spanish bank Santander bought 2.3 percent of Royal Bank of Scotland last year, according to its annual report published on Friday -- days before the British bank is expected to announce a rights issue. feeds.reuters.com |
U.S. Fed, other central banks expand efforts to deal with credit crisis The U.S. Federal Reserve, in coordination with other central banks, will expand a series of efforts to deal with the persistent global credit crisis, the Fed said in a statement on Friday. "In view of the persistent liquidity pressu ... english.people.com.cn |