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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
  • Tim Geithner gets FDR very wrong (but so did Obama)

    Tim Geithner gets FDR very wrong (but so did Obama)
    It's necessary to correct an old canard repeated by former Treasury Secretary Timothy Geithner about Franklin Roosevelt's behavior in the long interregnum between the 1932 election and his 1933 inauguration.  As was spotted by Matt O'Brien of the...
  • 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...
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  • 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 “...
  • 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...
  • T. Rowe Price net income up nearly 26 percent for quarter

    T. Rowe Price net income up nearly 26 percent for quarter
    Baltimore money manager T. Rowe Price said Thursday that net income rose nearly 26 percent in the first three months of the year, compared with a year earlier, and customers added money to portfolios rather than taking cash out — reversing an...
  • 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,...