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Last updated: 22:00:57 Sunday Sep 13, 2009


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  • Risk-taking is back for banks 1 year after crisis
    NEW YORK - A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk.   People:Timothy Geithner Vikram Pandit   Activities:Global Financial Crisis   2009-09-13

    Morgan Stanley CEO Mack to be replaced by Gorman
    NEW YORK (Reuters) - Morgan Stanley (MS.N) Chief Executive John Mack is stepping down and will be replaced by retail brokerage head James Gorman, signaling the storied bank is embracing stable businesses after losing big on risky ones.   Source:(Reuters)   2009-09-11

    Bernanke says US economy on cusp of recovery
    JACKSON, Wyo. - Federal Reserve Chairman Ben Bernanke declared Friday that the U.S. economy is on the verge of a long-awaited recovery after enduring a brutal recession and the worst financial crisis since the Great Depression.   People:Ben Bernanke Barack Obama   Activities:2008 U.S. Recession   2009-08-21

    Goldman Sachs earnings easily surpass expectations
    NEW YORK - Goldman Sachs Group Inc. said Tuesday its second-quarter profit easily surpassed expectations as profit was buoyed by strength in its trading and underwriting businesses.   Activities:Global Financial Crisis   2009-07-14

    Swiss banks go back to basics
    GENEVA (AFP) - Swiss bankers are going back to the basics of cosy and discreet relationships with their clients after disastrous forays into the brash and boastful world of American investment banking, analysts say.   Nations:Switzerland   Activities:Global Financial Crisis   Source:(AFP)   2009-02-14

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