Despite Dodd-Frank Act, community banks face ‘higher costs of capital’: Hoenig
Over 6,500 U.S. community banks may continue to face “higher costs of capital” than their big bank rivals even after a sweeping bank reform law has sought to end the ‘too-big-to-fail’ perception, Federal Reserve Bank of Kansas City President Thomas Hoenig said Monday.
“Because the market [...]
Posts Tagged ‘Capital economics’
Hoenig: Big banks may still threaten their smaller rivals
August 23rd, 2010 by Financial Writer
Tags: banking sector, big banks, Capital economics, Federal Reserve, financial institutions, investors, recession, taxpayers
more...FOREX-Euro gains on hopes of Greek aid package
April 29th, 2010 by Financial Writer
* Euro recovers, supported by optimism on Greek aid package
* Solid euro zone data helps; Greek bond spreads narrow
* U.S. weekly jobless claims fall in latest week
The euro rose on Thursday, rebounding from a one-year low the previous day, on hopes a bailout plan for Greece was imminent and would help it avoid a debt [...]
Tags: banks, Capital economics, economy, european union, Federal Reserve, financial, financial markets, interest rates, investors, monetary, us economy
The UK economy shrank by the most in more than half a century
June 30th, 2009 by Financial Writer
The UK economy shrank by the most in more than half a century in the first three months of the year, according to revised figures which were much weaker than originally estimated.
The 2.4 per cent decline in gross domestic product was sharper than the 1.9 per cent initially calculated, the Office for National Statistics reported, [...]
Tags: Capital economics, uk economy, UK national accounts