Fed may keep open lifeline to financial firms (Reuters)

Federal Reserve Board Chairman Ben Bernanke speaks at the Senate Finance Committee health reform summit in Washington, June 16, 2008. (Jim Young/Reuters)Reuters - Federal Reserve Chairman Ben Bernanke said on Tuesday the U.S. central bank might keep open a lifeline to financial firms, while the latest data showed distress in the housing and retail sectors continues.
 

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  • Net $7.496 bln US securities reconstituted in June

    WASHINGTON, July 7 (Reuters) - The U.S. Treasury Department on Monday said a net $7.496 billion of government securities were reconstituted in June.

  • SMFG posts big rebound, forecasts modest growth (Reuters)

    Reuters - Sumitomo Mitsui Financial Group (8316.T) reported a threefold increase in fourth-quarter profit, rebounding from massive losses at its consumer finance unit a year earlier, and it forecast modest growth ahead.


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