By Karey Wutkowski
WASHINGTON, Sept 17 (Reuters) – U.S. securities regulators proposed on Thursday a ban on flash orders that stock exchanges send to a select group of traders, fractions of a second before revealing them publicly. (more…)
US regulators propose ban on ‘flash’ trading
EU joins U.S. call for more oil market transparency
By Jan Strupczewski and Pete Harrison
BRUSSELS, Sept 16 (Reuters) – The European Union has joined the United States in calling for action to improve transparency in oil markets, a draft EU document shows. (more…)
Lehman: Barclays got $8.2 bln “windfall” from sale
By Phil Wahba and Emily Chasan
NEW YORK, Sept 15 (Reuters) – Lehman Brothers Holdings Inc <LEHMQ.PK> said on Tuesday that Barclays Capital Inc <BARC.L> got a $8.2 billion “windfall profit” from excess assets it took control of in the fire sale of Lehman’s U.S. brokerage business a year ago. (more…)
A year after Lehman, Bernanke says recession likely over
By Caroline Valetkevitch
NEW YORK, Sept 15 (Reuters) – A year after the Lehman Brothers collapse, Federal Reserve chief Ben Bernanke said on Tuesday the recession was likely over, while data supported hopes that recovery from the worst downturn in decades was advancing. (more…)
U.S. says banks getting help cut lending in July
WASHINGTON, Sept 15 (Reuters) – The U.S. Treasury Department said on Tuesday that banks receiving government bailout funds cut their new lending by 10 percent in July. (more…)
Consumer protection bill seen in US House-sources
By Kevin Drawbaugh and Rachelle Younglai
WASHINGTON,Sept 15 (Reuters) – The Obama administration’s proposal to create a federal watchdog for financial consumers was under discussion in the U.S. House of Representatives on Tuesday, with legislation seen emerging soon. (more…)
U.S. Treasury to wind down financing program -WSJ
Sept 16 (Reuters) – The U.S. Treasury Department is expected to begin winding down the Supplementary Financing Program, which provides cash for Federal Reserve initiatives, to avoid hitting the $12.1 trillion debt ceiling, the Wall Street Journal reported, citing people familiar with the matter. (more…)
U.S. banks to be first to shed government support
By Nigel Davies
LONDON, Sept 11 (Reuters) – U.S. banks will be free of bailout obligations like those owed to the Troubled Asset Relief Program within two years, a Reuters poll of economists found on Friday, but European lenders will take longer to cut loose from public support. (more…)
US’ Geithner – less need for government in markets
By Glenn Somerville and David Lawder
WASHINGTON, Sept 10 (Reuters) – U.S. Treasury Secretary Timothy Geithner said Thursday a strengthening economy means the government can end some of the extraordinary support it put in place for markets and prepare for a slow recovery. (more…)
US Treasury bans lobbying on pending TARP requests
WASHINGTON, Sept 10 (Reuters) – The U.S. Treasury on Thursday posted new lobbying restrictions to curb political influence on investments from the government’s $700 billion bailout program, prohibiting most communications once a funding application has been filed. (more…)




