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Financial News

16 (Bloomberg) -- The US Treasury Department auctioned warrants for TCF Financial Corp. at $3 each, netting $9.45 million for the US bailout fund. ...

Banks Said to Get Time to Implement Capital Rules

Bloomberg - Finbarr Flynn, Joseph Heaven -
The Group of 20 Nations agreed in April that banks should hold more and better quality capital to reduce risks to the financial system. ...

US Financial Stocks Gain, But Citi Slips On Abu Dhabi Claims

Wall Street Journal - Greg Morcroft
US financial stocks rose in morning trade, led by gains in select retail investment firms as analysts grew more sanguine about their ...

Unilever taps Bristol-Myers exec to be CFO

MarketWatch - Steve Goldstein?
He's currently CFO of Bristol-Myers Squibb (NYSE:BMY) . Unilever's Chief Financial Officer Jim Lawrence announced his intention to step down last week.

First Financial Corporation Declares Semi-Annual Dividend

CNNMoney.com (press release) -
The directors of First Financial Corporation (NASDAQ: THFF) have declared a semi-annual dividend of 45 cents per share payable on January 4, 2010, ...
 

SPIN METER: No real consensus on bank overhaul

The Associated Press - Daniel Wagner -
They have supported parts of Obama's financial agenda since long before the financial crisis, when they proposed the same measures. ...
Talk won't tame Wall Street Albany Times Union

Grading Financial Reform

Forbes -
Soon, probably early in the new year, the United States Senate will begin debating the Restoring American Financial Stability Act, a comprehensive financial ...

French Fin Minister Outlines New Financial Sector Regulations

Wall Street Journal -
PARIS (Dow Jones)--French Finance Minister Christine Lagarde Wednesday outlined to the cabinet new regulations covering French banks and financial markets. ...

E*Trade Trading Volume, Loan Delinquencies Decline

Wall Street Journal - Tess Stynes -
E*Trade Financial Corp. said its daily average revenue trades declined 13% in November from the previous month as the online broker reported ...

US Stocks Trade Lower On Pullback In Financial Stocks

Wall Street Journal - Peter A. McKay -
By Peter A. mckay A pullback in financial stocks pushed the broader market lower following a series of reports showing that credit-card charge-offs rose at ...

 
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