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Bailed-out US firms to be ordered to slash bonuses

22.10.09
Firms in the US that benefited from billions of dollars of government bailout cash will be ordered to slash bonuses for their highest paid executives, it was reported today ... more

Citi plan to cut Treasury stake

15.09.09
Citigroup, the Wall Street banking giant, is working on a plan to cut the US government's stake from its current 34%... more

China reduces its US bond exposure by £15 billion

19.08.09
China has slashed its holdings of US government securities by the largest amount since October 2000 ... more

So who’s smiling with Cowdery?

12.08.09
The Friends Provident/Resolution merger is a great deal. For a very small number of people. Resolution founder Clive Cowdery in particular has done well ... ... more

Banks rally although bad times are round the corner

31.07.09
Banks will be back in the spotlight next week when they report second-quarter profits. But if the pin-stripes in the boardroom were expected to suffer from a touch of nerves, they were not showing it ... more

Outrage as RBS boss Stephen Hester gets £9.6m pay deal

22.06.09
The banking industry faced a fresh wave of public anger as high-flyers in London looked set for bumper bonus payouts despite the financial crisis and global recession... more

Post-crisis bankin' just got a whole lot 'funner'

11.06.09
Strange noises are emanating from America's banking industry as it undergoes its post-crisis makeover. Wall Street's titans are rejoicing at repaying the money lent to them by the government at the height of the crisis late last year ... more

Global economic revival sees dollar take a nosedive

01.06.09
The dollar fell to seven-month lows against the pound and the euro today as rising share prices across the world and positive economic data from China and the US saw demand for more risky currencies rise ... more

Chrysler sale cleared as GM to file for bankruptcy

01.06.09
Chrysler has today won court approval to sell most of its business to a group led by Italy’s Fiat, as US motoring giant General Motors was expected to file for bankruptcy ... more

US bank bailout is ‘vulnerable to fraud’

21.04.09
America's plan to rid banks of billions of dollars of toxic assets is open to fraud and could benefit investors more than taxpayers, a top level report to Congress warned... more

US to seize assets of Mexican drug cartels

16.04.09
President Barack Obama arrives in Mexico after signalling he will take on the drugs cartels that have brought mayhem and bloodshed to America's neighbour... more

Worry for Vauxhall over GM's job cuts

18.02.09
Engineering: General Motors' plans to cut 47,000 jobs worldwide spread more gloom over its Ellesmere Port Vauxhall plant on Merseyside... more

Banks feel the chill as US rescue plan deepens fears

11.02.09
Bank shares came under the hammer again today following a big sell-off of bank shares on Wall Street overnight, where investors are fretting about their wholesale nationalisation in the wake of the US Treasury's $2 trillion bank rescue scheme... more

Opponents delay Barack Obama bank rescue

09.02.09
US Treasury Secretary Tim Geithner has postponed the unveiling of the Obama administration's bank rescue plans... more

Cost-cuts save day but Amex still dives

27.01.09
Banking: American Express fourth-quarter earnings crashed 72%, only beating analysts’ forecasts because of aggressive cost-cutting... more

US carmakers steer closer to bailout deal

16.12.08
Engineering: Hopes are growing that the Bush administration could act early to approve a Detroit bailout from its bank rescue fund... more

Stricken US carmakers looking close to a bailout

04.12.08
A bailout by American taxpayers of Detroit's crippled carmakers looked ever more likely as key politicians voice their approval of a £23 billion aid request... more

Barack Obama gets down to work

05.11.08
Barack Obama is facing up to the reality of the world's toughest job... more

Bid to put the bonus brakes on big nine US banks

29.10.08
Banking: A top US politician plans to stop bank chiefs awarding themselves big bonuses while propping up their firms with taxpayers' cash... more

Why Hank faces tough questions about his $700 billion bailout plan

25.09.08
Analysis: Hank Paulson is to some an unstoppable hero capable of saving his country from certain economic doom, but to others he is as an un-American leftist agent... more

Uphill struggle out of this mess

25.09.08
The Prime Minister jets across the Atlantic for a meeting with other world leaders to talk about a new regulatory structure for global financial markets — a timely reminder that current market conditions won't last for ever... more

The wipeout weekend

15.09.08
How the drama unfolded...... more

Paulson lets incoming president pick up bill

08.09.08
The political cycle in the United States played a key part in the decision to rescue Fannie Mae and Freddie Mac, with the US Treasury saying that the final fate of the pair would be determined by the next administration... more

Freddie Mac shares plunge in Frankfurt

08.09.08
Freddie Mac shares plunged 62.5 per cent on opening in Frankfurt this morning, providing a taste of things to come this afternoon in New York... more

Morgan Stanley Fannie Mae job

06.08.08
Bank is to advise US Treasury on whether home finance giants Fannie Mae and Freddie Mac need more capital... more

Asian banks hit by debt held in mortgage giants

15.07.08
Asian stock markets dived amid the clearest signs yet of global contagion from the crisis at US mortgage giants Fannie Mae and Freddie Mac... more

Oil producers' US bonds pile

14.07.08
Oil producing countries are poised to become the biggest creditors to the US as the nation's fuel bill soars... more

Oil leaps the $146 barrier as Paulson says there's no quick fix

03.07.08
Oil prices gushed through $146 to yet another record high, leaping by more than $2 a barrel... more

Paulson: cut rates to head off US slump

18.03.08
US Treasury Secretary Hank Paulson piles on the pressure for a big interest cut from the Federal Reserve... more

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