Federal Deposit Insurance Corporation chairperson Sheila Bair said most financial institutions remain well capitalized.
Manufacturing reports were down across the board with only St. Louis reporting a pickup in activity.
Financial services have eliminated 22,056 jobs since New Year’s, according to Challenger Gray & Christmas.
The American Bankers Insurance Association has elected three financial services industry leaders to serve as new board of directors.
Hedge fund assets grew by only 10% in the second half of the year, marking the smallest half-year increase since 2002.
January was the second month in a row in which spending on non-residential structures decreased.
ETFs could start up more easily and mutual funds could make larger investments in them under the proposal.
Dan Skiles, vice president of Technology for Schwab Institutional, discussed the many issues his team has confronted.
The bond insurer has decided against splitting into two entities, as it prepares to receive up to $3 billion in cash.
The suits were filed in U.S District Court in Manhattan by the $58 million VCG Special Opportunities Master Fund.
