IBT Staff Reporter

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Germany, UK demand Goldman Sachs probe

Germany and Britain will seek details from the U.S. Securities and Exchange Commission about the activities of Goldman Sachs Group Inc as a prelude to potential legal steps following a U.S.-led fraud investigation.

Goldman, earnings may hamper stocks

U.S. stocks will likely hit major speed bumps this week as the bears step up pressure following fraud charges against Goldman Sachs and earnings will need to clear a high bar to give Wall Street a reprieve.

Canadian earnings have tough task to move markets

Canada's biggest companies should deliver impressive earnings growth over last year's dismal first quarter, but that may not be enough to lift a market that's already near its highest level in nearly two years.

Strauss-Kahn says happy with current IMF job

Dominique Strauss-Kahn, the French Socialist politician heading the International Monetary Fund, on Sunday sidestepped questions about whether he may seek to run in France's 2012 presidential election, saying only he was happy with his current job.

Geithner confident on financial overhaul

Treasury Secretary Timothy Geithner on Sunday expressed confidence that lawmakers will bridge partisan differences on the overhaul of financial regulations and pass a bill that protects taxpayers from financing future bailouts.

JPMorgan chief warns of overregulation: report

The head of JPMorgan Chase & Co in a German newspaper interview on Sunday turned against the possibility of stricter bank regulation and asked for better access for bankers to politicians.

Geithner confident Senate close to financial overhaul

Treasury Secretary Timothy Geithner said on Sunday he was confident there was enough political unity on Capitol Hill for the Senate to forge a strong financial regulatory bill despite differences over some parts of it.

Geithner: Very close on financial overhaul

Treasury Secretary Timothy Geithner said on Sunday he was confident there was enough political unity on Capitol Hill for the Senate to forge a strong financial regulatory bill despite differences over some parts of it.

New York OTB board extends operations for a year

The board of New York City's bankrupt Off-Track Betting Corporation voted on Saturday to continue operations for another year, just one day before a scheduled shutdown of the horse racing gambling parlors.

Greece to decide on EU/IMF aid within weeks

Greece will decide within weeks on whether to activate a euro zone aid package, Prime Minister George Papandreou said, as a poll showed austerity measures had begun hitting Athenians' pocket books.

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