WASHINGTON (Reuters) - Two Senate Democrats said they will propose on Wednesday placing new limits on proprietary trading by banks and nonbank financial firms, widening the 'Volcker rule' backed by the White House.
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Senators to seek wider "Volcker rule"
Posted by guru 32 minutes ago (http://feeds.reuters.com)BofA ending overdraft fees on debit cards: report
Posted by guru 1 hour 32 minutes ago (http://feeds.reuters.com)
NEW YORK (Reuters) - Bank of America on Tuesday said it will no longer charge overdraft fees on purchases made with debit cards, a decision that could cost it tens of millions a year in revenue and pressure other banks to follow suit, the New York Times said.
Trade Idea: EUR/USD - Buy at 1.3510
Posted by tucha 1 hour 32 minutes ago (http://www.actionforex.com)
Euros intra-day fall to 1.3537 adds credence to our view that further choppy trading would take place and although price has recovered after holding above indicated support at 1.3530, as long as the Kijun-Sen (now at 1.3633) holds, mild downside bias is seen for the fall from 1.3736 to extend...
Forex: USD/JPY; largely unchanged and trading below 90.00
Posted by Alex 1 hour 32 minutes ago (http://www.fxstreet.com)
FXstreet.com (Sydney) – The USD/JPY has done almost nothing since opening and is trading at 89.95. ...For more information, read our latest forex news.
Forex: EUR/USD falls and trading at 1.3600
Posted by Alex 2 hours 32 minutes ago (http://www.fxstreet.com)
FXstreet.com (Sydney) – The EUR reversed recent gains against the dollar and is currently trading...For more information, read our latest forex news.
GBP/NZD a few pips away to retest 2.1290
Posted by Alex 3 hours ago (http://www.fxstreet.com)
FXstreet.com (Barcelona) –The kiwi extended to the downside throughout the three seasons on March...For more information, read our latest forex news.
Bailed-out U.S. financial stocks surge
Posted by guru 4 hours ago (http://feeds.reuters.com)
NEW YORK (Reuters) - The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery.
Barclays looking for U.S. retail bank to buy: report
Posted by guru 5 hours ago (http://feeds.reuters.com)
NEW YORK (Reuters) - British bank Barclays Plc is looking to buy a retail bank in the United States to extend its presence after buying Lehman Brothers North American operations in 2008, the Wall Street Journal reported on Tuesday, citing people close to the matter.
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