Sep 15, 2011, 11:58 p.m.
European stocks set to rise after central bank moves
SINGAPORE/HONG KONG (Reuters) - European shares were set for a stronger open on Friday and the euro steadied as investors hoped for a big policy move from European finance ministers to combat the region's growing debt crisis. Coordinated central bank action around the world to boost liquidity for European banks, at a time when some institutions have been shut out of short-term lending markets, has raised speculation that policymakers may take bold steps to hold the euro zone together.
Geithner to discuss leveraging EU bailout fund
WROCLAW, Poland/FRANKFURT (Reuters) - Treasury Secretary Timothy Geithner holds talks with European finance ministers on Friday on the possibility of leveraging the euro zone's bailout fund to help resolve the debt crisis. Washington set up an emergency fund to support U.S. lenders during the global credit crisis. With signs of stress in Europe now, the European Central Bank and those of Britain, Japan and Switzerland joined forces on Thursday to reintroduce three-month dollar liquidity operations in the fourth quarter.
UBS $2 billion rogue trade suspect held in London
LONDON/ZURICH (Reuters) - Swiss bank UBS
HP execs misled investors before August stock crash: lawsuit
(Reuters) - Hewlett-Packard Co
Insight: BofA cuts foretell downturn in branch banking
(Reuters) - To see why Bank of America Corp
Verdict reached in TCW vs Gundlach: court
LOS ANGELES (Reuters) - The jury has reached a verdict in a courtroom battle between Trust Company of the West and former investment chief Jeffrey Gundlach, concluding a six-week trial that has transfixed the financial industry. The Los Angeles Superior Court jury's verdict -- after just two days of deliberations -- will be released Friday morning.
Morgan Stanley Chairman Mack to retire at year-end
(Reuters) - Morgan Stanley