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SHEILA BAIR
Vikram Pandit stayed on as Citigroup CEO on Geithner's support, says Sheila Bair's memoirTimothy Geithner resisted Sheila Bair's efforts to replace Vikram Pandit as CEO of Citigroup in early 2009, according to Bair's memoir.- US 'problem' banks jump to 884 in December quarter: FDICLast year, a staggering 157 banks went belly up. High unemployment has resulted in rising defaults, which is adversely impacting small and ...
- Bernanke to address financial crisis inquiry panelFederal Chairman Ben Bernanke will testify this week about his role in the bank bailouts that sent billions of taxpayer dollars to banks de...
- Imperative for India, US to strengthen financial practices: FDIC chief Sheila BairSheila Bair, chairperson of FDIC, said, it is imperative for both the US and India to strengthen financial practices and expand access to m...
- No tax payer money to bail out failing firms: BairA senior US regulator on Tuesday called for financial reforms focusing on creation of bodies which would bail out failing institutions with...
- FDIC head says US needs better lending standardsThe head of the Federal Deposit Insurance Corp said on Monday that the US needs better lending standards to avoid a recurrence of the 2008 ...
- Indra Nooyi, Cameron among Fortune's visionariesAs many as eight leaders, who are being seen to lead their industries in the years ahead, have found a place in the list. India Inc's most ...
- US banking sector back to profit, insurance fund in red: FDICThe US banking industry returned to profit in the third quarter, but the government insurance fund went into deficit for the first time sin...
- Bernanke named world's most powerful person in finance fieldUS Federal Reserve Chairman Ben Bernanke has been named as the world's most powerful person in finance by business magazine Forbes.
- FDIC expected to require banks to prepay feesThe Federal Deposit Insurance Corp. may take the unprecedented step of ordering banks to prepay about $36 billion in premiums to shore up t...
- US problem bank list hits 416; highest in 15 yearsThe total assets of problem entities climbed to $299.8 bn in Q2, the highest level since December 31, 1993. Career enhancement | Economies ...
- Angela Merkel still world's most powerful woman: ForbesGerman leader Angela Merkel and businesswomen dominate Forbes magazine's new list of powerful women, while First Lady Michelle Obama and se...
- Citi's Pandit has his way over FDIC’s BairCitigroup is poised to start a $58-billion stock swap that was delayed last week as Federal Deposit Insurance (FDIC) chairman Sheila Bair q...
- Banks earned $7.6 bn in Q1 after record loss in Q4The nation's banks turned a profit in the first quarter, but the number of problem banks jumped to the highest level in 15 years and tough ...
- Large US banks to shoulder more cleanup costs: FDICBig US banks deserve much of the blame for fueling the financial crisis and must pay a large share of the costs needed to restore a bank in...
- Stress tests say Citi, BoA may need capitalCitigroup Inc and Bank of America Corp fell in New York trading on concern the companies may be forced by regulators to raise additional ca...
- US deposit insurer likely to steerThe Federal Deposit Insurance Corp (FDIC) may manage the so-called bad bank that the Obama administration is likely to set up as it tries t...
- US banking profits slump 94 pcUS banking industry's profits slid 94 pc in Q3 from a year ago to $1.7 billion. BSE Gainers: A, B | NSE Gainers | Losers: BSE( A, B) | NSE ...
- Citigroup sues Wachovia, Wells Fargo, for $60 bnCitigroup on Monday sued rival Wells Fargo & Co and Wachovia for $60 bn in punitive and compensatory damages.
- Credit crisis: 117 troubled banks in US, highest level since 2003FDIC doesn't disclose the names of institutions on its internal list of troubled banks. On average, 13% of banks that make the list fail. T...
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