09/07/2011
In the latest blow to the beleaguered industry, the Federal Housing Finance Agency is poised to file lawsuits seeking many billions of dollars in compensation, alleging the banks broke securities laws.
09/02/2011
Italy’s plan to balance its budget by 2013 lacks detail, does not add up and changes from one day to the next, raising the risk that the country will be sucked back into the middle of the eurozone debt crisis.
09/01/2011
Banks in Europe are exploring ways to cut costs by routing more of their trades and other business through overseas subsidiaries, a plan that may shift tax revenue away from London and loosen European regulators’ influence over the lenders.