Financial Crisis

Doubts grow over UK government's preparation for Brexit

Dec 6, 2017

The U.K. official shepherding Britain's departure from the European Union says the government has made no formal assessments of the economic impact of leaving the 28-nation bloc

Senate panel votes to roll back some Dodd-Frank requirements

Dec 5, 2017

A Senate panel has approved legislation that would provide banks and credit unions with relief from some of the stricter regulatory requirements put in place after the 2008 financial crisis

Venezuela's UN ambassador resigns on orders from Maduro

Dec 5, 2017

Venezuela's ambassador to the United Nations is resigning after a rare and bitter feud with President Nicolas Maduro's inner circle

Venezuela talks focus on elections, financial crisis

Dec 1, 2017

Venezuela's socialist government and opposition sought Friday to jumpstart negotiations on resolving the country's economic and political crisis, pressured by international sanctions and looming presidential election

Royal Bank of Scotland to cut jobs, close branches

Dec 1, 2017

The Royal Bank of Scotland says it will eliminate hundreds of jobs and close 259 branches

Left Green leader made head of Iceland's new government

Nov 30, 2017

Leader of Iceland's Left Green Movement named prime minister in Nordic island nation's new coalition government

4 finance ministers seek job as eurozone chief

Nov 30, 2017

Portugal's finance minister Mario Centeno is seen as the frontrunner among 4 candidates to become head of the group of 19 countries which share the euro currency

Eurozone recovery fueling jobs but wages and prices lag

Nov 30, 2017

Official figures show that the unemployment rate in the 19-country eurozone has fallen to its lowest level since January 2009, further evidence that the buoyant economic recovery across the region is being felt in most corners of the labor market

Supreme Court wrestles with whistleblower protection issue

Nov 28, 2017

The Supreme Court seems reluctant to take a broad view of whistleblower protections in financial sector

UK banks seen more resilient to shocks _ even 'hard Brexit'

Nov 28, 2017

Britain's central bank says the country's top lenders can withstand economic shocks even more severe than what they experienced during the global financial crisis

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