Carson Block said his confidence that Sino-Forest Corp. is overstating its business is bolstered by declines in the stock on days when management defends itself.
BusinessWeek.com — Finance
Former President Bill Clinton said Bank of America Corp.’s accord with mortgage-bond investors may give more “underwater” borrowers a chance to cut the amount owed on their home loans.
BusinessWeek.com — Finance
Former President Bill Clinton said that Bank of America Corp.’s accord with mortgage-bond investors may give more “underwater” borrowers a chance to cut the amount owed on their home loans.
BusinessWeek.com — Finance
European banks are at a competitive disadvantage in employee compensation compared with their U.S. counterparts because of the different rules imposed by regulators, according to human-resources consultant Mercer.
BusinessWeek.com — Finance
The agency replacing the U.K.’s Financial Services Authority will be more “dynamic and interventionist” than its predecessor when evaluating financial products geared toward consumers, said Margaret Cole, the FSA’s conduct business chief.
BusinessWeek.com — Finance
President Nicolas Sarkozy said French banks are headed towards an agreement to roll over 70 percent of their holdings of Greek debt between now and 2014.
BusinessWeek.com — Finance
Central banks need to start raising interest rates to contain inflation and may have to act faster than in the past, the Bank for International Settlements said.
BusinessWeek.com — Finance
Banks should be pushed to meet the higher capital requirements before a series of deadlines starting in 2013, unless earlier introduction of the rules would threaten lending, the Bank for International Settlements said.
BusinessWeek.com — Finance
Feed
