financial

AP - Alarming financial news flowed out of Europe in a torrent Friday, just a week after the EU leaders struck a deal they thought would contain the continent's debt crisis. More...

With the proliferation of data breaches, The Harford insurance company is selling a new data loss insurance aimed at small businesses that might be put at financial risk if they lose valuable and sensitive data. More...

(CNN) -- Greece's economy has been in a mostly downward spiral since the country joined the euro in 2001. While their eurozone peers had expressed their concern about the state of the Greek economy for years, it wasn't until the global financial crisis hit that the depth of the problem was...

<div>Quebec provincial police say they've uncovered an intricate identity-theft scheme that took $1 million total from more than 10,000 people. In what is called a "phishing" scam, the fraudster sent his victims massive amounts of fake emails purporting to be from financial institutions and...

U.S. regulators gave major banks including JPMorgan Chase & Co the green light on Friday to boost dividends, loosening the reins on the industry 2-1/2 years after the government bailed out the financial system. The strongest banks, including JPMorgan, are entitled to raise dividends and buy...

The chairman of the Senate Commerce Committee is urging NFL owners to open their financial books to the players union, arguing that will help resolve a labor dispute that is threatening next season's games. "Reluctantly, I have come to the conclusion that the only way to sort out this stalemate...

The effective lending capacity of the euro zone's financial rescue fund should be reinforced and the scope of its activity widened, the European Union's economic chief said on Wednesday. "We need to review all options for the size and scope of our financial backstops -- not only for the current...

Top recipients of overnight loans made by the Federal Reserve under special program that ran from March 2008 through May 2009. NEW YORK -- The Federal Reserve made $9 trillion in overnight loans to major banks and Wall Street firms during the financial crisis, according to newly revealed data...

-------------------------------------------------------------------------------- Dan was a single guy living at home with his father and working in the family business. When he found out he was going to inherit a fortune when his sickly father died, he decided he needed to find a wife with...

Geithner: Financial repeal 'inconceivable' WASHINGTON, A repeal of the Wall Street financial reforms, as argued by House and Senate Republicans, is "inconceivable," U.S. Treasury Secretary Timothy Geithner says. For the past week, Republicans have argued for a repeal of the financial overhaul...

Wells Fargo to close W.F. Financial SAN FRANCISCO, (UPI) -- Wells Fargo & Co. said Thursday it would close its 638 Wells Fargo Financial stores, folding its lending business into its banks and closing out 3,800 jobs. About 14,000 employees currently work at Wells Fargo Financial, which serves...

Reform bill passes joint committee vote WASHINGTON, (UPI) -- House and Senate committee members in Washington agreed on final details of a financial reform bill early Friday after a 20-hour negotiating session. President Barack Obama expressed his gratitude for the work of the House and Senate...

Financial reform bill firming up WASHINGTON, (UPI) -- Two of the more contentious provisions of the financial reform bill under debate in Washington appear to have congressional support, lawmakers said. As the joint House and Senate committee works on merging 3,000 pages of legislation, The...

WASHINGTON (AP) — House and Senate negotiators assembling a giant financial regulation bill diluted a measure Tuesday that would have upended how Wall Street assesses risk. Lawmakers agreed to remove a proposal that would have ended the ability of financial institutions to choose the firms that...

OTTAWA (Reuters) – The Group of Seven leading industrialized nations will signal at a meeting in Washington this weekend that there are glimmers of economic hope but that the global economy is not out of the woods yet, a senior Canadian finance official said on Wednesday. The official, briefing...

Venezuelan leader: 'Capitalism needs to go down' -------------------------------------------------------------------------------- TEHRAN, Iran – Venezuelan President Hugo Chavez on Friday ridiculed the G-20 summit's attempts to deal with the global financial meltdown, saying that capitalism...

Summers paid millions as hedge fund director -------------------------------------------------------------------------------- WASHINGTON – Lawrence Summers, President Barack Obama's top economic adviser, earned millions over the past year as managing director of the hedge fund D.E. Shaw Group...

Venezuelan leader: 'Capitalism needs to go down' -------------------------------------------------------------------------------- TEHRAN, Iran – Venezuelan President Hugo Chavez on Friday ridiculed the G-20 summit's attempts to deal with the global financial meltdown, saying that capitalism...

World's richest countries pledge to fix economy. The world's richest countries committed to "any further action that may prove necessary" to restore confidence in the global financial system, their finance ministers said as they wrapped up a two-day meeting in Rome. The Group of Seven finance...

Keynotes Set for ISIS 2008 The third annual ISCe Satellite Investment Symposium (also known as ISIS), will be held Oct. 14 at the 3 West Club in New York City, an event that will feature industry executives, financial analysts, private equity representatives, bankers and the media. The...