Global regulators said they agreed that banks deemed too big too fail must hold as much as 2.5 percentage points in additional capital as part of efforts to prevent another financial crisis.
BusinessWeek.com — Finance
Consumers may earn as much as 6 percent on certain U.S. checking accounts, a Bankrate.com survey found.
BusinessWeek.com — Finance
Italy’s Mario Draghi was appointed as head of the European Central Bank, a European Union spokesman said.
BusinessWeek.com — Finance
Premier Wen Jiabao said that China’s efforts to stem inflation have worked and that the pace of consumer-price increases will slow, an assessment that contrasts with some economists advocating further steps.
BusinessWeek.com — Finance
Millionaires in the Asia-Pacific region overtook Europe in terms of population and wealth for the first time in 2010, according to a report
BusinessWeek.com — Finance
European Central Bank President Jean-Claude Trichet said risk signals for financial stability in the euro area are flashing “red” as the debt crisis threatens to infect banks.
BusinessWeek.com — Finance
Millionaires in the Asia-Pacific region overtook Europe in terms of population and wealth for the first time in 2010, bolstered by economic growth in China and India, according to Capgemini SA and Bank of America Corp.
BusinessWeek.com — Finance
U.S. Treasury Secretary Timothy F. Geithner said a bipartisan agreement on the deficit would help small-business lending.
BusinessWeek.com — Small Business