Women Challenge Central Banking Men's ClubNovember 05, 2012When the European Parliament
turned Yves Mersch down for a top central banking post, it
wasn't because he lacked the expertise or experience; they
rejected him because he is a man.
Banks Recovering From Sandy AftermathOctober 31, 2012Major U.S. banks said on Wednesday they
had reopened more than half of the branches that were closed as
Hurricane Sandy battered the U.S. East Coast earlier this week.
In Hurricane, Twitter Proves a Lifeline Despite PrankstersOctober 30, 2012As Hurricane Sandy pounded
the U.S. Atlantic coast on Monday night, knocking out
electricity and Internet connections, millions of residents
turned to Twitter as a part-newswire, part-911 hotline that
hummed through the night even as some websites failed a
U.S. Stock Markets Consider Opening on WednesdayOctober 30, 2012U.S. stock exchanges are looking at opening on Wednesday after monster storm Sandy receded from New York, sources said, and the New York Stock Exchange is testing a
new plan to help resume trading.
Hurricane Sandy Disrupts Northeast U.S. Telecom NetworksOctober 30, 2012Power outages and flooding
caused by Hurricane Sandy disrupted telecommunications services
on Tuesday and coverage was spotty for everything from
cellphones and home telephones to Internet services in
Sandy Shuts Down Wall StreetOctober 29, 2012Hurricane Sandy, the monster
storm bearing down on the U.S. East Coast, strengthened on
Monday after hundreds of thousands moved to higher ground,
public transport shut down and the U.S. stock market suffered
its first weather-related closure in 27 years.<
Sheila Bair's 4 Types of Dysfunctional RegulatorsOctober 26, 2012Sheila Bair, former FDIC chair and current industry critic, thinks that regulators are partly to blame not only for the financial crisis and the banking industry's continuing lousy reputation, but she also has plenty of criticism for bankers and politician
Spain on Track With Bank Sector ReformOctober 26, 2012Spain is on track to correct
the problems in its financial sector, but needs more decisive
action to deal with challenges facing some banks, the European
Central Bank and the European Commission said in a joint
statement on Friday.
Ally Looks to Sell Most of its Mortgage BusinessOctober 26, 2012Ally Financial Inc's banking subsidiary
said on Friday that it was looking to sell most of its remaining
mortgage business, the company's latest step toward exiting the
home loan business to focus on its U.S. auto lending and banking
Citi Fined $2 Million by Massachusetts Over Facebook IPOOctober 26, 2012Massachusetts top securities
regulator said on Friday that his office fined a Citigroup Inc
unit $2 million after research analysts improperly
disclosed confidential information about Facebook Inc's
initial public offering.