The ecodic is searchable database of over 10.000 economic - financial terms and concepts. If you are new for FX Trade or other financial markets, these words are very useful for you.
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Britain's Royal Bank of Scotland and Lloyds Banking Group have told the government they may miss lending targets set as a condition for receiving more state support, The Sunday Telegraph reported.
A group of major banks including Citigroup, JPMorgan Chase and Barclays has sued MBIA, charging that the bond insurer illegally restructured its operations by moving $5 billion of assets and
Lehman Brothers Holdings, which sent global markets into a tailspin after filing for bankruptcy in September 2008, is looking at spinning off its remaining assets, the Wall Street Journal said in an unsourced article.
The California state treasurer called Wednesday on U.S. Treasury Secretary Timothy Geithner to extend debt guarantees through the Troubled Asset Relief Program to financially strapped states and local governments facing declining revenues.
The Federal Reserve reduced the size of capital deficits facing several banks before releasing the results of "stress tests" on the financial institutions, the Wall Street Journal said Saturday.