About 10 of the 19 largest U.S. banks being stress tested will be instructed by regulators to raise more capital, according to a source familiar with official talks. The banks have been
The U.S. dollar edged up from a six-week low on Tuesday after news the U.S. Treasury will instruct about 10 banks to raise more capital injected caution into markets and capped gains
The U.S. government will release the findings on bank stress tests this week, and data expected to show another month of crushing job losses will also test emerging optimism on global economic
The body in charge of assigning Internet addresses such as .com and .net should be shorn of its U.S. government links from October and made fully independent, the European Union's information society
A radical overhaul of the car industry moved a step closer on Monday as Fiat's CEO prepared to pitch a bid for Opel to Germany's leaders as part of a planned takeover
Wall Street was set for a modestly higher open on Monday as investors were hopeful banks will be able to raise any capital they may need as a result of findings in
European shares were higher in early trade on Monday, with banks adding most points to the index amid thin trading, as UK markets are closed for a public holiday. At 0721 GMT,
Bank of America Corp is working on plans to raise more than $10 billion in fresh capital, even as it and Citigroup Inc launch last-ditch attempts to convince the U.S. government they
Warren Buffett attacked the government's stress tests of 19 large U.S. banks, saying they failed to properly assess the industry's health, and that he would buy more shares in three big banks
Asian stocks punched to a seven-month peak on Monday, fuelled by confidence the global economy is recovering faster than expected and a further jump in Taiwanese shares on hopes for an influx
