WASHINGTON, Feb 10 - U.S. Treasury Secretary Timothy Geithner will lay out a bank-rescue plan on Tuesday that will rely on public and private funds to take $500 billion of bad assets off banks' books,...
Morgan Stanley held a board meeting over the weekend to discuss its strategy, after a week of extraordinary pressure on the company, which at one point had seemed likely to be capsized by the turmoil in the credit markets...
SEOUL, Sept 4 - South Korea said on Friday it will impose controls on mortgage lending in the capital and nearby areas to put a brake on rising house prices and prevent a broader-based asset...
Shanghai, August 25 (Gasgoo.com) General Motors Co is considering a plan to retain its Opel and Vauxhall operations in Europe and may mortgage its assets in China to raise money, Reuters reports Tuesday, citing sources with knowledge of the deliberations.
SEOUL, Aug 25 - Mortgage loans owed by South Korean households rose by their fastest annual pace in more than two years in the second quarter, data showed on Tuesday, underscoring concerns about potential asset...
China's $200 billion sovereign wealth fund, China Investment Corp (CIC), is preparing to invest in a variety of Amercian assets, including mortgage securities and Hollywood blockbusters, sources said yesterday. CIC plans to invest up to $2 billion in US mortgage securities under the US Treasury-b...
BRUSSELS, Dec 18 - Spanish banking group Santander won permission from EU competition authorities on Thursday to acquire assets including deposits and branches of British mortgage lender Bradford & Bingley. British authorities had bought the...
WASHINGTON, Nov 12 - U.S. Treasury Secretary Henry Paulson on Wednesday said he was backing away from buying troubled mortgage assets using a $700 billion bailout fund, instead favoring a second round of capital injections...
A private-sector mortgage insurance plan floated by Republicans in the U.S. House of Representatives would be acceptable to the Bush administration as an addition to core legislation for a U.S. Treasury $700 billion asset rescue plan, a Treasury official said on Saturday.
* S.Korea mortgage lending still rising fast in Aug * BOK reviews rates on Thursday, no change expected * Mortgage data, house prices keep focus on asset worries * July L-money supply growth cools, PPI...