Tag Archives: banks
Summers Sees Labor-Market Rebound as U.S. Economy Strengthens
Dow closes below 10,000 for first time in 3 months
The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe. » Read more…
Fed’s Fisher: Must break up banks that are too big
Banks that are seen as too large to fail should be broken up in order to make the financial system more stable, Dallas Federal Reserve President Richard Fisher said on Wednesday. » Read more…
Investors buy bonds, U.S. and Japan stocks in latest week-EPFR
Investors committed a record $2.98 billion to global bond funds and pumped more money into U.S. and Japanese equities in the last week, but continued to pull money out of European stocks amid Greece’s debt crisis, data from fund tracker EPFR Global showed on Friday. » Read more…
Mortgage Risk Premiums Widen
Quick Move After Fed’s Exit Could Draw Buyers Next Week.
Mortgage-backed securities stumbled on Thursday as the market struggled to adjust to the absence of Federal Reserve buying. » Read more…