China Everbright Bank <601818.SS> has mandated 10 banks for its planned about $6 billion Hong Kong listing, IFR reported late on Saturday.
IBT Staff Reporter
Mar 12, 2011
The unexpected nature of this week's earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating insured losses from the disaster especially difficult, senior executives at two top catastrophe risk modeling firms said on Saturday.
IBT Staff Reporter
Mar 12, 2011
The unexpected nature of this week's earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating insured losses from the disaster especially difficult, senior executives at two top catastrophe risk modeling firms said on Saturday.
IBT Staff Reporter
Mar 12, 2011
Deutsche Boerse will avoid forced layoffs in its planned merger with NYSE Euronext , and employees will choose the merged exchange operator's name, Deutsche Boerse chief executive Reto Francioni has said.
IBT Staff Reporter
Mar 12, 2011
The unprecedented nature of Friday's earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating insured losses especially challenging, senior executives at two top catastrophe modeling firms said on Saturday.
IBT Staff Reporter
Mar 12, 2011
A government probe into the fall of Lehman Brothers Holdings Inc has hit so many snags that enforcement officials fear they may never be able to bring civil or criminal charges against company executives, the Wall Street Journal reported on Saturday.
IBT Staff Reporter
Mar 12, 2011
European leaders agreed on Saturday to strengthen the euro zone bailout fund, make its loans cheaper and lower the interest rate on loans extended to Greece, a move to get on top of the year-long debt crisis.
IBT Staff Reporter
Mar 12, 2011
Daniel Mudd, the former CEO of government-sponsored mortgage firm Fannie Mae, has received notice from U.S. regulators that he may face claims for allegedly misleading investors about the mortgage company's exposure to subprime loans, Bloomberg said.
IBT Staff Reporter
Mar 12, 2011
Euro zone leaders reached a deal in principle on Saturday on making the 440 billion euro ($611 billion) bailout fund more flexible, and also agreed other elements of a comprehensive package to resolve the debt crisis, two EU sources said.
IBT Staff Reporter
Mar 11, 2011
The Federal Reserve could tell major banks as soon as next week whether regulators' stress tests show they're healthy enough to boost stock dividends.
IBT Staff Reporter
Mar 11, 2011
Euro zone leaders agreed in principle on Friday to write limits on public debt and budget deficits into national law, meeting a German condition for a stronger euro zone financial safety net.
IBT Staff Reporter
Mar 11, 2011
American International Group's bid to take back $15.7 billion in risky mortgage bonds may inject fresh confidence in a market where investors had started to question a nearly two-year rally.
IBT Staff Reporter
Mar 11, 2011
by Rachelle HornNEW YORK, March 11 - Covered bond advocates descended on Capitol Hill on Friday to testify before the House Financial Services Committee as the cause for establishing a market in the United States looks to be gaining traction.
IBT Staff Reporter
Mar 11, 2011
Consumer sentiment fell to its lowest level in five months in early March as gasoline prices rose, a survey released on Friday showed.
IBT Staff Reporter
Mar 11, 2011
Internet video firm Hulu is planning to reduce the size of its board in an attempt to streamline decision-making within the venture, the Wall Street Journal said, citing people familiar with the plan.
IBT Staff Reporter
Mar 11, 2011
The president of the New York Federal Reserve Bank doesn't normally face a raucous crowd.
IBT Staff Reporter
Mar 11, 2011
U.S. consumer sentiment fell to its lowest level in five months in early March as gasoline prices rose, a survey released on Friday showed.
IBT Staff Reporter
Mar 11, 2011
Regardless of whether hedge fund chief Raj Rajaratnam ends up testifying at his criminal trial, jurors are going to hear a lot from him.
IBT Staff Reporter
Mar 11, 2011
U.S. job openings slipped in January, as did the job openings rate, government data showed on Friday.
IBT Staff Reporter
Mar 11, 2011
With his 67th birthday just weeks away, the investor widely known as the Bond King has taken one of the biggest bets of his life -- but at least Bill Gross has got some company.
IBT Staff Reporter
Mar 11, 2011
Job openings slipped in January, as did the job openings rate, government data showed on Friday.
IBT Staff Reporter
Mar 11, 2011
Europe's banks will be given details of this year's health check of the industry next week, potentially including the capital level needed to pass, people familiar with the matter said on Friday.
IBT Staff Reporter
Mar 11, 2011
National banking groups representing firms of all sizes are getting behind a lawsuit challenging the constitutionality of a crackdown on debit card processing fees.
IBT Staff Reporter
Mar 11, 2011
Senator Ron Wyden told a White House meeting he is ready to propose a new version of the Build America Bonds program that was part of the federal stimulus plan and that expired in December.
IBT Staff Reporter
Mar 11, 2011
LinkedIn, the Internet social network for professionals, launched a service on Thursday that creates a customized online newspaper from articles being shared by the network's more than 90 million members.
IBT Staff Reporter
Mar 11, 2011
A top Federal Reserve official signaled on Friday the central bank won't tighten monetary policy any time soon, even as the jobs recovery looked set to quicken.
IBT Staff Reporter
Mar 11, 2011
Retail sales posted their largest gain in four months in February as shoppers stepped up purchases of autos, clothes and other goods even as they spent more for gasoline.
IBT Staff Reporter
Mar 11, 2011
Sales at U.S. retailers increased broadly in February as rising energy prices boosted receipts at gasoline stations, but consumers also spent on a range of products in a sign of resilience in the face of rising gasoline prices.
IBT Staff Reporter
Mar 11, 2011
The Federal Reserve Bank of New York said on Friday it had received American International Group Inc's
offer to buy back residential mortgage-backed securities taken over at height of the financial crisis.
IBT Staff Reporter
Mar 11, 2011
A federal judge limited the potential financial liability facing the operator of LimeWire, a once-popular file-sharing service found liable for copyright infringement, at an upcoming damages trial.
IBT Staff Reporter
Mar 11, 2011