Financial woes seen limiting U.S. economic rebound
NEW YORK - The U.S. banking industry may have pulled back from the brink, but finance executives say they still face hurdles that will tighten credit and delay an economic rebound.
Wall Street firms dip toe back in to talent pool
NEW YORK - Wall Street firms have started to hire again and they can cherry-pick talent from their competitors -- who may be worried about their own security -- or from the legions of professionals who found themselves out of work after last year's financial crisis.
Wall St's image needs years to rebound
NEW YORK - Wall Street's image, battered by the financial crisis, may take years to recover as its executives themselves are the first to acknowledge.
Derivatives proposals suit smaller players
NEW YORK - The over-the-counter derivatives market is facing potential upheaval as lawmakers seek to increase regulation but while large banks are worried this could harm what has been a lucrative business for them, some niche players see new opportunities.
Finance gurus damn reform with faint praise
NEW YORK - Bank executives are cautious about slamming the lawmakers trying to rein in Wall Street excess, leaving the impassioned arguments to their armies of lobbyists in Washington.
Rabobank sees FY result close to record 2008
LONDON - Unlisted Dutch bank Rabobank expects its full-year results be to be "pretty close" to its record 2008, its finance chief told Reuters, with an improvement coming in the second half.
Rabobank sees 250 million euro hit from DSB demise
LONDON - Unlisted Dutch bank Rabobank expects to take a 250 million euro ($371.9 million) gross hit from the DSB Bank bankruptcy, its finance chief told Reuters on Thursday, a loss it could easily absorb.
TD Ameritrade eyeing deal, even E*Trade
NEW YORK - TD Ameritrade Holding Corp's CEO wants to put his cash to work and will even entertain a deal involving smaller rival E*Trade Financial Corp under the right circumstances.
Banks thirsty for more capital
NEW YORK - Hundreds of U.S. banks are likely to raise capital in the coming months to deal with losses from bad consumer loans, commercial real estate and other assets, and to build war chests to buy failing rivals.
Wall Streeters defend bonuses as part of culture
NEW YORK - Executives at the Reuters Global Finance Summit rallied to the defense of the industry's resurgent bonus practices, arguing that there was no clear link between generous compensation and last year's market meltdown.
Some ex-bank execs want into FDIC auctions
NEW YORK - Unemployed U.S. bank executives, eager to get back into the business, are raising pools of private capital for a potential wave of bids for failed U.S. banks, FBR Capital Markets leading analyst said on Wednesday.
Speakers
| Summit | Date | Category |
|---|---|---|
| Aerospace and Defense | Sep 3 - 5 | Aerospace/Defense |
| Global Consumer and Retail | Sep 9 - 12 | Consumer Retail |
| Russia Investment | Sep 23 - 25 | Financial Services/Exchanges |
| Washington | Oct 21 - 24 | Country Summits |
| Middle East Investment | Oct 28 - 30 | Financial Services/Exchanges |
| Global Commodities | Nov 4 - 7 | Financial Services/Exchanges |
| Global Investment Outlook | Nov 18 - 21 | Financial Services/Exchanges |
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
