First Niagara President and Chief Executive Officer John R. Koelmel, said, "We are very pleased to now have received approval of our transaction from all regulators - the Federal Reserve Board, the OCC and the Connecticut Departme
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The Office of the Comptroller of the Currency and the Connecticut Department of Banking approved the merger of First Niagara Financial Group (NASDAQ:FNFG) and NewAlliance Bancshares (NYSE:NAL), which clears the way for the combina
Finding out the exact names and numbers will take some time, as the Fed released 894 individual PDF files totaling over 25,000 pages.
The lending peaked at $111 billion on October 29th, 2008, as credit markets nearly froze in the wake of the bankruptcy of Lehman Brothers.
In the Fed's nearly 100-year history, the central bank has never before released data relating to the discount window.
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The Federal Reserve disclosed today which banks borrowed from its discount window and how much, during the period from August of 2007 to March of 2010.
Federal prosecutors are considering whether to pursue manslaughter charges against BP (NYSE:BP) managers for decisions made before the Gulf of Mexico oil well explosion last year, which killed 11 workers and caused the biggest off
In the headlines this morning, the aftermath of the Japanese earthquake and the situation at the Fukushima Daiichi nuclear plant also continued to worry investors after reports of higher-than-allowed levels of radioactive iodine i
Federal Reserve Chairman Ben Bernanke is scheduled to deliver a speech at the Independent Community Bankers of America National Convention at midday.
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U.S equity futures are set to open relatively flat. Overseas, the Asian markets declined, while the European markets were also lower.
Mid-Week, Joy Global, BJ's Wholesale Club, Boise, Foot Locker, Staples and Costco Wholesale Corp all report their earnings and the Fed Beige Book and the ADP Employment Change reports are also due out.
The Federal government will report its February non-farm payroll numbers on Friday, and economists are expecting a gain of 200,000 jobs for an official unemployment rate of 9.1%.
February employment in the private sector rose by 217,000 according to an Automatic Data Processing report. Service sector employment rose 202,000, while employment in the goods-producing sector rose 15,000. The company revised it
Monday, February 14th kicks off earnings reports from MGM Resorts (MGM) before the opening bell and Agilent Technologies (A), Marriott (MAR), and FMC Technologies (FTI) after market close. No major economic reports are scheduled f
On Tuesday, February 15th, you can expect Sirius XM Radio's (SIRI) earnings report early on the morning. Rovi Corp (ROVI), Tesla Motors (TSLA), Allscripts Healthcare (MDRX), and Dell (DELL) will be reporting their earnings in the
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...