Turkey’s banking regulator increased costs for banks that exceed a new limit for consumer lending, the latest in a series of steps designed to slow loan growth and rein in a booming economy.
BusinessWeek.com — Finance
It took six weeks of equity losses and other bad news to finally drive the options gauge known as the VIX above its long-term average
BusinessWeek.com — Finance
It took six weeks of equity losses and other bad news to finally drive the options gauge known as the VIX above its long-term average
BusinessWeek.com — Finance
Carson Block is taking responsibility for billions of dollars in stock declines
BusinessWeek.com — Finance
Arden Asset Management LLC, a New York-based firm that farms money out to hedge funds, plans to take over Robeco Group’s $ 1.3 billion hedge fund of funds business.
BusinessWeek.com — Finance
Dexia SA, the bank that took the most Federal Reserve discount-window help in October 2008, said it will take a charge of 3.6 billion euros ($ 5.1 billion) for the anticipated sale of mostly U.S. residential mortgage-backed securities and disposals of long-term bonds, loans and units.
BusinessWeek.com — Finance
Business-savvy Tim O’Shaughnessy isn’t your typical tech-startup founder, which hasn’t kept him from challenging Groupon, the leader in daily online deals
BusinessWeek.com — Small Business
David Sokol broke Berkshire Hathaway Inc.’s ethics rules by investing in a company as he pushed for its takeover, according to Chairman Warren Buffett, who said he regrets not pressing Sokol earlier for details.
BusinessWeek.com — Finance
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