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Financial Markets

A collection of news and information related to Financial Markets published by this site and its partners.

Top Financial Markets Articles

Displaying items 89-99
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  • Neel Kashkari says his diverse skills prepare him to serve as governor

    Neel Kashkari says his diverse skills prepare him to serve as governor
    Neel Kashkari's career has taken him from engineering to investment banking to managing the federal government's $700-billion bailout of Wall Street, overseeing stock funds and running for governor — all by age 40. What others might view as a...
  • Bank of America files corrected capital plan with Fed; investors cheer

    Bank of America Corp. told stockholders that it has corrected errors in an annual stress test overseen by the Federal Reserve, saying the changes had almost no effect on its financial strength rating. The news on Tuesday sent Bank of America shares...
  • Traders pocketed $256 million on Federal Reserve leaks, study finds

    Traders may have made up to $256 million in illicit profit by getting early word of the Federal Reserve’s decisions to loosen or tighten the money supply, according to researchers at Singapore Management University. The researchers cited “...
  • The Hartford To Sell Japan Annuity Business For $1.4 Billion Capital Benefit

    The Hartford Financial Services Group announced Monday its plans to sell the company's Japan annuity business to Orix Life Insurance Corp. for an estimated capital benefit of $1.4 billion. The divestiture has been anticipated for about a year as The...
  • 3 Takeaways for Hollywood from the Milken Conference's Future of Wall Street Panel

    "I left one group of bad actors for another group of bad actors," former senator turned MPAA chairman and CEO Chris Dodd joked Monday at the Milken Global Conference, referring to his transition from public office to Hollywood. He was part of the...
  • Derivatives Gain Drives MetLife Earnings Up

    MetLife, the nation's largest life insurer, reported higher earnings on gains from derivatives despite a loss from a legal settlement with insurance regulators in New York. Net income for the first quarter was up 36 percent to $1.3 billion, or $1.14...
  • SS&C Technologies Reports Record Revenue, Stronger Earnings

    SS&C Technologies Holdings Inc. of Windsor reported record quarterly revenue Thursday after financial markets closed. Quarterly net income was $26.5 million, or 30 cents per share, compared with $21.4 million, or 26 cents per share, during the same...
  • Fed's Lacker predicts more stimulus cutbacks despite modest growth

    Fed's Lacker predicts more stimulus cutbacks despite modest growth
    A top Federal Reserve official expects the central bank to continue reducing a key stimulus program even though he sees more modest growth this year than many analysts have projected. Jeffrey Lacker, president of the Federal Reserve Bank of Richmond,...
  • Study: Millennial generation most fiscally cautious since Depression

    Study: Millennial generation most fiscally cautious since Depression
    Call it the John-Boy Effect: The millennial generation is the most financially conservative since the Great Depression, according to a new study. The trauma of the global financial crisis in 2008 and the dot-com meltdown eight years earlier have...
  • Fed official says weak data caused by weather, should not slow taper

    Fed official says weak data caused by weather, should not slow taper
    Bad weather is largely responsible for some recent weak economic data and should not lead the Federal Reserve to stop reducing a key stimulus program, a top central bank official said Monday. Instead, with economic growth still forecast to pick up...