Organisation: Federal Deposit Insurance

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Federal Reserve fines Goldman Sachs $36.3m

Goldman Sachs has agreed to pay $36.3m (€32.5m) over allegations that former employees obtained confidential documents from the Federal Reserve in a settlement that requires the bank to beef up its policies to prevent another lapse.

Thu, 04 Aug, 2016

G20 nations fail to agree on global bank tax

THE group of G20 nations have failed to agree on a proposal to impose a global tax on banks aimed at making the financial industry shoulder the cost of bailouts, settling instead for a common set of guidelines.

Mon, 07 Jun, 2010

Stocks pull back from early highs as financials retreat

Investors slowed their hectic buying of stocks today, leaving the major indexes little changed after a four-day advance.

Mon, 24 Aug, 2009

Merkel tops Forbes’ most powerful list

GERMAN leader Angela Merkel and businesswomen dominate Forbes magazine’s new list of powerful women, while First Lady Michelle Obama and Secretary of State Hillary Clinton didn’t break the top 30.

Fri, 21 Aug, 2009