Federal Reserve
US
Federal Reserve Chairman Ben Bernanke has testified the central bank had no option but to let Lehman Brothers fail despite knowing it would have "catastrophic" aftershocks.
03 September 2010
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US
Former Lehman Brothers CEO Dick Fuld believes the investment bank may have been able to survive if US authorities had given it the same assistance as its rivals.
01 September 2010
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US
More than a tenth of the 7,380 banks in the US remain at risk of failure despite the sector posting strong profit growth during the second quarter.
01 September 2010
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US
The Federal Reserve is prepared to take "unconventional measures" to prop up the US economic recovery, said Ben Bernanke in a speech today.
27 August 2010
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US
Worse-than-expected economic data from the US last week reignited fears of a double-dip recession, but managers are cautiously optimistic the economy will remain supportive of global growth.
23 August 2010
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Economics
The FTSE 100 has slid more than 2% lower this afternoon after US markets suffered even sharper losses in early Wednesday trading.
11 August 2010
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Economics
European markets are in retreat this morning on fresh fears for global growth sparked by a gloomy outlook from the US Federal Reserve.
11 August 2010
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