NEW YORK -- Continuing political gridlock in the fiscal cliff fight will hurt the U.S. economy, an influential Federal Reserve official said Thursday ...
NEW YORK -- The Federal Reserve Bank of New York sold the remainder of the securities that it had bought as part of the rescue of beleaguered insuranc...
Elizabeth Warren jumped into a growing chorus decrying the massive Libor manipulation on Thursday with a scathing editorial in the Washington Post.
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Today, Americans are collectively struggling with a trillion dollars in student loan debt. That's hitting borrowers of all ages, of course. But which ...
LONDON (AP) — The governor of the Bank of England said Tuesday that U.S. authorities did not show him any evidence of manipulation of a key market r...
You may not do any banking in London. You may not have ever been to London. But Gary Gensler is pretty sure the London interbank offering rate affects...
Nobody in their right mind would want to become part of the Libor rate-rigging scandal. But that's what's happening to Treasury Secretary Timothy Geit...
As president of the New York Federal Reserve before and during the financial crisis, Treasury Secretary Timothy Geithner met repeatedly with Barclays ...
WASHINGTON -- At least 18 current and former directors of Federal Reserve banks received a stunning total of $4 trillion in near-zero-interest Fed loa...
At the annual JPMorgan Chase shareholders meeting on Tuesday morning in Tampa, Fla., CEO Jamie Dimon offered what amounted to a spirited defense of th...
The Federal Reserve gave just five banks the chance to bid on $6.2 billion in taxpayer-owned AIG assets before selling them to Goldman Sachs on Wednes...
The core lesson of the Corzine imbroglio and his "Who me?" testimony before various congressional committees has not been instinctively overlooked, but certainly not emblazoned into our consciousness, as well it should be.
It has been called the largest airborne transfer of currency in the history of the world. But finding out what happened to all the money involved has ...
NEW YORK -- A director of the Federal Reserve Bank of New York, who is supposed to represent the public, has provoked criticism that she has a conflic...