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| SEC to require broader disclosure on executive pay (AP) December 16, 2009 at 12:11 am |
| Companies will have to reveal more information about how much they pay their top executives, under expanded requirements being imposed by federal regulators amid a public outcry over compensation. |
| Wells Fargo stock offering to raise $12.25B (AP) December 15, 2009 at 8:47 pm |
| Wells Fargo & Co. said Tuesday that a stock offering planned for later this week should raise $12.25 billion that will be used to help repay its government bailout loan. |
| Treasury report shows bank lending down again (AP) December 15, 2009 at 7:25 pm |
| The value of loans held by the biggest beneficiaries of the government's bank bailout fell for the ninth consecutive month in October, the Treasury Department reported Tuesday, a day after President Barack Obama criticized top bankers for not doing enough to boost lending. |
| Wells Fargo stock offering to raise $12.25B (AP) December 15, 2009 at 6:39 pm |
| Wells Fargo & Co. said Tuesday that a stock offering planned for later this week should raise $12.25 billion that will be used to help repay its government bailout loan. |
| Spike in wholesale inflation sends stocks lower (AP) December 15, 2009 at 6:10 pm |
| The stock market fell for the first time in five days and Treasurys slipped after a jump in inflation stoked concerns that the Federal Reserve would be forced to raise interest rates. |
| Wells Fargo raises funds to repay federal aid (at FT.com) December 15, 2009 at 6:00 pm |
| Wells Fargo, the San Francisco-based lender, sold $10.7bn in new shares at a slight discount to the market price on Tuesday, raising capital to repay $25bn in federal aid and underscoring investors' appetite for financial stocks. |
| Stocks trade mixed after inflation data (AP) December 15, 2009 at 2:22 pm |
| The stock market zigzagged in a tight range Tuesday after wholesale inflation rose more than expected in November, led by a surge in energy costs. |
| Geithner says U.S. banks on sounder footing (Reuters) December 15, 2009 at 1:01 pm |
| Treasury Secretary Timothy Geithner said on Tuesday that U.S. banks will be in a better position to resume lending as they pay back the unprecedented cash injections the government provided to keep them afloat during the financial crisis. | | |
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