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Geithner accuses regulators of holding up reform
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US Wrap: Accelerated growth products gather momentum
Accelerated growth products dominated market activity in the US again yesterday as their issuance continues to gather pace. However, exposure is widening beyond US equity, as a note from Deutsche Bank showed.
HBOS deal leads Lloyds to £3.96 billion loss
Lloyds Banking Group made a pre-tax £3.96 billion loss on a pro forma basis in the first half of 2009, primarily due to losses on commercial real estate assets held by HBOS, which it acquired in January.
US senators criticise rating agency reform proposals
Senators and industry experts have criticised US Treasury proposals to keep tabs on credit rating agencies in relation to competition, conflicts of interest and the quality of ratings.
Survey reveals record £96bn deficit for FTSE 100 pension schemes
The financial crisis has plunged the pension schemes of the UK's 100 largest companies into a £96 billion deficit, according to a report by the London-based actuarial consultancy Lane Clark & Peacock (LCP).
CFTC outlines more regulatory concerns
The Commodity Futures Trading Commission (CFTC) ended the last of three public hearings on the energy market today, citing several additional areas of regulatory interest including firewalls, high frequency trading and over-the-counter market regulation.
New CEO for AIG
Robert Benmosche will join AIG as chief executive later this month.
Positive second-quarter results continue
UK and European banks have posted positive latest second-quarter results, led by strong investment banking revenues - but suffered from tightening credit spreads.
Banks' own credit risk hampers financial results
Own credit risk - the concept of including the credit risk of an institution in the measurement of the liabilities it issues - had a significant impact on banks' profits in the first half of 2009, as credit default swap (CDS) spreads referencing banks'…
Cesr proposes pan-European short-selling regime
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Bank of America settles with SEC over Merrill bonuses
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FSA investigates high-frequency trading
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