Financial Regulatory Forum

FACTBOX-Political roadblocks to Obama’s budget

By Reuters Staff
February 3, 2010

Feb 2 (Reuters) – U.S. President Barack Obama faces major hurdles to get his $3.8 trillion budget plan through Congress. Obstacles include members of his own — at times fractious — Democratic Party.

Big UK investors baulk at FSA bank oversight

July 16, 2009

   By Raji Menon
   LONDON, July 16 (Reuters) – Major UK institutional investors boadly welcomed David Walker’s report on improving corporate governance in banks, but baulked at the idea of the financial regulator monitoring fund managers’ compliance on engagment.
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US Treasury to name up to 9 fund managers-source

July 2, 2009

   NEW YORK, July 1 (Reuters) – The U.S. Treasury Department is expected to name as many as nine fund managers to operate the long-awaited Public-Private Investment Program (PPIP) to cleanse banks of toxic assets, a person familiar with the plan said on Wednesday.
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