RefBan

Referral Banners

Yashi

Wednesday, April 16, 2014

Reuters Money: Watchdog warns about big banks' use of government-affiliated loans

Click to View in Browser
04/16/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Watchdog warns about big banks' use of government-affiliated loans
WASHINGTON (Reuters) - A U.S. government watchdog on Wednesday warned that big banks have dramatically boosted their borrowing from a federal housing finance program, a move that could pose risks to the government-sponsored system if a big borrower defaulted.
Michigan, White House discuss federal money for bankrupt Detroit: report
(Reuters) - Michigan officials and President Barack Obama's Administration are discussing a plan to free up $100 million in federal money to aid Detroit's retired city workers, the Detroit Free Press reported on Tuesday.
Upgrade policy changes last straw for some frequent flyers
(Reuters) - For business flyers like Adam Kubryk, who is on the road about 200 days a year, one of the perks of flying often and using the same airline regularly is getting upgraded from coach to business class when a seat is available.
Tech downdraft may spread: James Saft
(Reuters) - Calling the stock market downdraft a correction contained to technology may be both optimistic and premature.
BlackRock CEO Fink's pay totaled $22.9 million in 2013
NEW YORK (Reuters) - BlackRock Inc, the world's largest money manager, paid Chief Executive Officer Laurence Fink $22.9 million in compensation last year, up 13.4 percent from $20.2 million the year before.
Diebold gains some fans on cost cutting plans, ATM upgrades
NEW YORK (Reuters) - The expansion of mobile banking may one day spell the end for large bank branches in the U.S., or even curtail the use of cash altogether. In the meantime, though, fund managers are buying Diebold Corp, the automated teller machine maker whose stock has underperformed bigger rival NCR Corp since 2009, on signs it may post better returns than NCR this year.
Time to raise - or scrap - the Social Security payroll tax cap
CHICAGO (Reuters) - It's Tax Day, and a small number of wealthy Americans have something to celebrate: They are done paying Social Security taxes for the year.
U.S. healthcare usage and spending resumes rise in 2013: report
(Reuters) - Americans used more health services and spent more on prescription drugs in 2013, reversing a recent trend, though greater use of cheaper generic drugs helped control spending, according to a report issued on Tuesday by a leading healthcare information company.
Exclusive: Turmoil at Symantec luring activists, buyers - sources
NEW YORK (Reuters) - The abrupt firing of Symantec Corp Chief Executive Steve Bennett last month is attracting activist investors and private equity firms to the U.S. security software maker, in a development that could potentially lead to its breakup or sale, sources familiar with the situation said.
Private-equity group sees 2014 Brazil fundraising boost
RIO DE JANEIRO (Reuters) - Fundraising by private-equity and venture capital firms in Brazil is expected to rise this year, a senior industry executive said, which could help propel new acquisitions in the infrastructure, logistics and information technology sectors.
Related Video
Magic turnaround on Wall Street
Wall St rebounds, but doubters hover
Business News
U.S. housing starts up but miss forecasts; permits fall
Wall Street climbs after China data; Yahoo jumps
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
 Counterparties
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
Reuters Business Today
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments:

Yashi

Chitika