Friday, June 25, 2010
U.S. bank regulatory overhaul OK'd by negotiators
U.S. BANK REGULATORY OVERHAUL OK'd BY NEGOTIATOR
House and Senate conferees agree on the most significant increase in
the regulation of U.S. banks since the Great Depression.
FINANCIALS RISE AFTER LAWMAKERS' DEAL
Shares of the leading financial companies rise in early activity after
lawmakers reach a deal for new legislation of the sector.
WALL STREET WILL COMPLAIN, BUT IT GOT OFF LIGHT
Washington's plan for Wall Street will disappoint the financial
industry, but its grieving should be short lived.
BANK OF ENGLAND CALLS FOR GRADUAL CAPITAL CHANGE
The Bank of England says measures to strengthen banks' capital levels
need to be phased in over a number of years. See full story.
http://www.marketwatch.com/News/Story/Story.aspx?guid=cfcf19867ecc456589a134cab38e359d&siteid=nwtam
U.S. STOCKS LOWER WITH BANK BILL, GDP IN FOCUS
U.S. stocks waver, as financials rose after Congress hammer out a deal
on a landmark financial-overhaul bill, but a downward revision to the
first-quarter gross domestic product spurs worries over the pace of
the economic recovery.
