Business / Economy Apr 3, 2014

Cash-rich firms spurn banks' offers

by Keiko Ujikane

Banks are the most keen to lend companies money in 17 years. Corporate treasurers don't need the cash. The Bank of Japan's "tankan" business confidence index released Tuesday showed that the prevalence of midsize companies saying banks are willing to lend to them rose to ...

Fed approves rules requiring banks to set aside more capital

Business Jul 3, 2013

Fed approves rules requiring banks to set aside more capital

The Federal Reserve Board on Tuesday ordered banks to set aside more capital as a cushion against losses, bringing the United States in line with developing international standards and opening the door for a set of tougher rules for the nation's biggest financial institutions. Almost ...