Posts Tagged ‘Banks’

Eurozone leaders to lend Spain up to $125 billion

Eurozone finance ministers came to Spain’s rescue Saturday, agreeing to lend the ailing nation as much as $ 125 billion to bolster its banks hinging on collapse. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Federal Reserve may toughen rules on bank safety cushions

The Federal Reserve has proposed tougher capital reserve regulations for banks in line with new international rules. The 19 largest U.S. banks would need at least an additional $ 50 billion in reserves to meet the new capital requirements. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

US money funds cut lending to EU banks

Loans drop to another record low as holdings of Treasuries soar to levels reminiscent of those seen during the financial crisis View full post on Business Stories

Fitch downgrades world’s top banks

Fitch downgraded the debt rating of nine of the world’s leading banks including Bank of American and Goldman Sachs. View full post on Banking Stories

China May Add to Reserve-Ratio Cuts as Europe Exports Weaken

China’s shrinking trade surplus and the weakest export growth since 2009 may encourage Premier Wen Jiabao to keep cutting banks’ reserve requirements to sustain expansion in the world’s second-biggest economy. View full post on Finance Stories

Americans to take a stand against big banks on November 5, Bank Transfer Day 2011

Bank Transfer Day is officially Nov. 5, but credit unions already have seen a surge in deposits. View full post on Banking Stories

SunTrust, Regions Latest Banks To Retreat On Debit Fees

The big banks’ race to backpedal on controversial debit card fees has picked up speed. View full post on Business Stories

EU pushes banks to find extra €106bn by June

Europe’s banks will be pushed to find about €106bn as part of a scheme to bolster defences of the banking system View full post on UK Business Stories

Merkel, Sarkozy maintain crisis cure in sight

BRUSSELS: Europe will find a cure for its debt crisis between now and on Wednesday, the leaders of Germany and France vowed after fixing plans to recapitalise banks out of pocket over Greece. View full post on Business Stories

ECB announces $53 billion available to banks for loans

European Central Bank officials are offering new emergency loans to banks in an effort to add stability during the ongoing eurozone financial crisis. View full post on Banking Stories