* Plans to invest in Wall Street bank to boosts presence * US bank will expedite fund-raising by its mid-sized clients * Reflects demand for Chinese firms to expand overseas SHANGHAI, Aug 21 - Hong...
NEW YORK, Feb 17 - The U.S. government's investments in the banking sector, known as the Troubled Asset Relief Program, or TARP, have lost nearly half their value to date, according to a think tank...
BOSTON, Jan 20 - State Street Corp and Bank of New York Mellon Corp were once known as the bastions of conservative asset management and doing dull but lucrative back-office work. But for the second...
The City National Bank in Beverly Hills is to get a $395 million capital infusion from the U.S. Treasury as part of the government's $250 billion bailout program but is under no requirement to increase lending, Chairman and CEO Russell Goldsmith told Reuters on Monday.
The companies are Citigroup Inc., Wells Fargo & Co., JPMorgan Chase & Co., Bank of America Corp., Goldman Sachs Group Inc., Morgan Stanley, State Street Corp., and Bank of New York Mellon Corp., the people said...
* Bair says bank capital injections stoked public outrage * Says wishes had deterred Treasury from investments * Says government stakes still causing troubles (Adds comments by Bair, other details) WASHINGTON, Nov 13 - Leading...
BEIJING, Nov 9 - Morgan Stanley is seeking a buyer for its 34 percent stake in investment bank China International Capital Corp, Wei Sun Christianson, the U.S. bank's China chief executive, said on Monday. Private...
* Proposal soften bank investment rules * "Source of strength" provision dropped * FDIC board expected to vote shortly (Recasts with FDIC staff proposal) WASHINGTON, Aug 26 - U.S. banking regulators were considering on Wednesday...
WASHINGTON, Aug 26 - U.S. regulators are still finalizing guidelines for private equity investments in distressed banks but expect to have a final vote on the issue later on Wednesday, the acting director of the...
* Profits swelled by investment bank record, own debts gain * Q1 profits down on yr excluding $6.6 bln gains on own debt * U.S. consumer finance bad debts up to $3.9 bln, down vs...