Word: bankses
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Using social-networking sites to look for work - in addition to traditional job banks like Monster and Dice - helped with that emotional part of the job search. Twitter didn't provide many leads, but Ward did come across a lot of other people looking for work. "It turned into a...
It's deadline day for banks. The nation's 19 largest lenders have spent the past month trying to prove to regulators they are financially strong. Today, we will start to find out if their efforts have been enough.
When the stress tests were completed last month, the Treasury Department and regulators gave banks deemed to need capital a month to detail how they would raise it. For the banks that passed the stress test, they were told to report back on how they plan to repay taxpayers. Monday...
For many of the banks deadline day will pass with little fanfare. Like the stress test before, the month of preparation the banks have had before submitting their capital plans has in general shown that the banking industry is stronger than many thought. Banks were able to raise capital in...
The result is that many more banks than expected have the resources to repay the billions they got from the Troubled Asset Relief Program back in October. Morgan Stanley, for instance, came out of the stress test a month ago in need of $1.8 billion in additional capital. But in...