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BANKING INDUSTRY
A banker or bank is a financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money. The banking industry is a highly regulated industry with focused regulators. In the U.S., banks with FDIC-insured deposits are regulated by the FDIC, Fed-member banks are regulated by the Federal Reserve, the Office of the Comptroller of the Currency regulates national banks, and the Office of Thrift Supervision is the federal regulator for thrifts.
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Recent news on this topic.
BofA’s path to Merrill revealed By Greg Farrell in New York Published: November 23 2009 23:31 | Last updated: November...
S&P is out with a new look at the health of the banking system that gets beyond traditional metrics of...
extend a program of pumping cash into the U.K. bond market at a time when other central banks, such as the European...
private equity fund, could try to resume the sale process for Korea Exchange Bank next year and Korean banks are...
offer for Cadbury PLC (CBY) they're confronting an unusual hurdle: Kraft has extracted exclusivity agreements from the...
before the year end.Come the new year, however, one key question will be if governments pressure central banks to keep...
overvalued. But there is potential albeit uncertain for gold to go much higher. Led by the Fed, central banks...
as an inflation protection, that may apply most to institutions with very long memories indeed -- like central banks,...
in the investment banking division of the firm. The high-profile hire comes as Morgan Stanley and other investment...
Investment banks are back on the recruitment trail in the Middle East, hiring in Abu Dhabi and Qatar as they try to tap...
Former FSA chairman Callum McCarthy has landed a job with a private equity firm specialising in buying struggling banks...
Reuters) - Faced with rising debt and angry taxpayers, governments are edging towards imposing a global tax on banks to...
5 trillion of U.S. bank deposits slipped into the red at the end of September, after 50 banks collapsed during the...
dissent. On Monday wires reported that China’s Banking Regulatory Commission, where he is chairman, was urging big...
Western governments the primary backers of the fund in calling for retention of state support like aid for banks and...
a heavy dose of afternoon selling as investors locked in profits after the country's banking regulator warned banks...
Lloyds is to avoid the insurance plan launched by the U.K. government earlier this year to help banks get out of the...
where Bullard wants to extend past the expected expiration in March) and likely end of yr buying by banks has helped to...
setup yesterday, and has roots in a warning by S&P overnight in a bearish report on the global banking...
* FDIC insurance fund hits Q3 negative $8.2 bln balance * Banking industry has Q3 profit of $2.8 bln * Thrift industry...
government bonds on 3-4% looking relatively attractive. This is, in essence, another version of the carry trade,...
Wall Street to end adrift by 31.54 points, or 0.6 per cent, at 5,323.96. Banks led the way lower, with Royal Bank of...
to ensure the capital raising was watertight. The rights issue is fully underwritten by an array of investment banks...
far bear re-examination under this standard. For instance, the National Loan Guarantee Scheme, which would underwrite...
Top Sources: Banking Industry
- bloomberg.com
- globalbankvision.com
- online.wsj.com
- ft.com
- information-security-resources.com
- money.cnn.com
- thedailybeast.com
- dealbook.blogs.nytimes.com
- finance.yahoo.com
- Reuters
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