Apr 26th, 2009 - Bloomberg
April 27 (Bloomberg) -- Asian stocks climbed to the highestin more than three months, led by finance companies anddrugmakers, as the U.S. Federal Reserve said most banks beinggiven stress tests have adequate capital.
Mitsubishi UFJ Financial Group Ltd., Japan’s biggestpublicly traded bank, jumped 4.7 percent. Chugai PharmaceuticalCo., the Japanese unit of Roche Holding AG, surged 17 percent inTokyo on speculation demand for its products will rise after anoutbreak of swine flu claimed as many as 81 lives in Mexico. BHPBilliton Ltd., the world’s No. 1 mining company, rose 2 percentafter China said it increased its gold reserves and commoditiesincluding oil.
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Japanese Stocks Climb on Stress Test Report, Merger Speculation
Apr 26th, 2009 - Bloomberg
April 27 (Bloomberg) -- Japanese stocks climbed, led bybanks and drug companies, on speculation two local lenders willmerge and that the spread of swine flu will spur sales ofantiviral treatments. Shinsei Bank Ltd...
Delta sues US Bank over FlexPerks card
Apr 26th, 2009 - bizjournals
Northwest Airlines, owned Delta Air Lines Inc., has filed a lawsuit against U.S. Bancorp to stop the bank from issuing a card to replace the soon-to-end WorldPerks Visa program.
Banking executives get peek at 'stress test' results
Apr 25th, 2009 - ChicagoTribune
For the past two months, more than 150 government auditors have fanned out across the country, examining how well the nation's 19 largest banks could withstand future storms and what help they might need to avoid a meltdown.
Recession 101: Feds' 'stress test' for banks explained
Apr 25th, 2009 - Houston Chronicle
WASHINGTON - After weeks of speculation, regulators led by the Federal Reserve are telling banks how they fared in the "stress tests" at the center of the Obama administration's financial rescue plan.
US Stress-Test Accounting May Make Banks Raise Capital Levels
Apr 24th, 2009 - Bloomberg
April 25 (Bloomberg) -- Financial regulators may force manyof the largest U.S. banks to raise new capital or conserve extracash after accounting for assets held off their balance sheets.
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