Finance
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Banks get years to adjust to new global rulesSep 12, 2010 11:00 pm - BASEL, Switzerland -- Bankers and analysts said new global rules could mean less money available to lend to businesses and consumers, but praised a decision to give them...
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CBOE wants to list options that expire dailySep 09, 2010 11:00 pm - CBOE Holdings Inc., operator of the largest U.S. options market, asked regulators for permission to become the nation's first to list contracts that expire in as little ...
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U.K. agency fines Goldman Sachs $27 millionSep 08, 2010 11:00 pm - LONDON -- Britain's financial regulator hit Goldman Sachs International with a $27 million fine on Thursday for failing to notify U.K. authorities about an investigation...
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Mortgage lending down 1.5% as rates inch upSep 07, 2010 11:00 pm - WASHINGTON -- Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades. The Mortgage Bankers Association says o...
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Mortgage rates hit decades-low of 4.32 percentSep 01, 2010 11:00 pm - WASHINGTON -- Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy. The average rate for a 30-year f...
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Report: SEC Investigating canceled tradesSep 01, 2010 11:00 pm - NEW YORK -- The Securities and Exchange Commission is looking into certain types of stock trade orders that could be distorting share prices and trading volume, accordin...
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Source: JPMorgan Chase halting proprietary tradingAug 31, 2010 11:00 pm - BOSTON -- JPMorgan Chase & Co. is shutting down its proprietary trading desks and eliminating around 80 jobs to comply with new restrictions on investment banks, a sour...
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10 bailed-out banks spent $16.3 mil lobbying in first halfAug 31, 2010 11:00 pm - NEW YORK -- The 10 banks that received the most bailout aid during the financial crisis spent over $16 million on lobbying efforts in the first half of 2010, as the deba...
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Economy in U.S. grew to a revised 1.6% in second quarterAug 26, 2010 11:00 pm - WASHINGTON -- The economy grew at a much slower pace this spring than previously estimated, mostly due to the largest surge in imports in 26 years and a slowdown in comp...
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Mortgage rates hit low of 4.36 percentAug 25, 2010 11:00 pm - NEW YORK -- Mortgage rates fell to the lowest level in decades for the ninth time in 10 weeks, as concerns grow that the economy is weakening. Mortgage buyer Freddie Mac...