TowerGroup

Federal Reserve Bank – News

• Federal Reserve Board announces termination of enforcement action against BankTennessee Bancshares and BankTennessee May 17, 2012
  Federal Reserve Board announces termination of enforcement action against BankTennessee Bancshares and BankTennessee […]
• FOMC announces revised tentative 2012 meeting schedule and tentative 2013 meeting schedule May 16, 2012
  FOMC announces revised tentative 2012 meeting schedule and tentative 2013 meeting schedule […]
• Minutes of the Federal Open Market Committee, April 24-25, 2012 May 16, 2012
  Minutes of the Federal Open Market Committee, April 24-25, 2012 […]
• Federal Reserve announces results of auction of $3 billion in 28-day term deposits held on May 14, 2012 May 15, 2012
  Federal Reserve announces results of auction of $3 billion in 28-day term deposits held on May 14, 2012 […]
• Federal Reserve Board issues enforcement action against Grand Bankshares May 15, 2012
  Federal Reserve Board issues enforcement action against Grand Bankshares […]
• Agencies finalize large bank stress testing guidance May 14, 2012
  Agencies finalize large bank stress testing guidance […]

Bank of England – News

European Central Bank – News

• Speech Jörg Asmussen: Eine Europäische Agenda 20… May 20, 2012
  […]
• Other decisions Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates) May 17, 2012
  […]
• Press release ECB operations during demonstrations planned in Frankfurt May 15, 2012
  […]
• Speech Mario Draghi: Monetary Policy in unconventional times May 15, 2012
  […]
• Speech Peter Praet: Managing financial crises: 
the role of the ECB May 9, 2012
  […]
• Speech Mario Draghi: Address at the event marking the first signatures to the T2S Framework Agreement May 7, 2012
  […]

Bank for International Settlement – News

• 21May/Barbro Wickman-Parak: Economic analysis requires a cool head - my view of developments in Sweden and abroad May 21, 2012
  Speech by Ms Barbro Wickman-Parak, Deputy Governor of the Sveriges Riksbank, at a meeting, Lulea, 15 May 2012. […]
• 21May/Mario Draghi: Monetary policy in unconventional times May 21, 2012
  Introductory remarks by Mr Mario Draghi, President of the European Central Bank, at the ECB colloquium held in honour of Mr José Manuel González-Páramo, Frankfurt am Main, 16 May 2012. […]
• 21May/Mojmír Hampl: The EU banking industry May 21, 2012
  Speaking points by Mr Mojmír Hampl, Vice Governor of the Czech National Bank, at the European Economic Congress "Section: Banking Industry in the EU", Katowice, 15 May 2012. […]
• 16May/Ong Chong Tee: Financial economics May 16, 2012
  Opening address by Mr Ong Chong Tee, Deputy Managing Director of the Monetary Authority of Singapore, at the SKBI Annual Conference on "Financial economics", at Singapore Management University (SMU), Singapore, 7 May 2012. […]
• 16May/Ardian Fullani: Albania's economic and financial developments in 2011 May 16, 2012
  Speech by Mr Ardian Fullani, Governor of the Bank of Albania, at the presentation of the Bank of Albania's Annual Report 2011 to the Parliamentary Committee on Economy and Finance, Tirana, 30 April 2012. […]
• 16May/Elizabeth A Duke: Prescriptions for housing recovery May 16, 2012
  Speech by Ms Elizabeth A Duke, Member of the Board of Governors of the Federal Reserve System, at the National Association of Realtors Midyear Legislative Meetings and Trade Expo, Washington DC, 15 May 2012. […]

American Banker – Intraday News

• Fincen Director Jim Freis Abruptly Dismissed May 22, 2012
  James Freis was dismissed from his position as director of the Financial Crimes Enforcement Network last week after refusing to step down, a person familiar with the situation confirmed Monday. […]
• FDIC Sues Banks over Securitization Appraisals May 22, 2012
  The Federal Deposit Insurance Corp. has sued Bank of America, Citigroup, JPMorgan Chase and other banks for a cumulative $92 million in damages on mortgage-backed securities, alleging that shoddy appraisals and other underwriting defects tainted their sale. […]
• PHH Names David Tucker President of Mortgage Unit May 22, 2012
  PHH Corp. Monday morning named former General Electric energy executive David E. Tucker president of its mortgage division. […]
• Financing Problems Stunt Small-Business Growth: Survey May 22, 2012
  Small-business owners are struggling to grow and hire — and they're blaming difficulties in securing financing, according to a Pepperdine University business school survey. […]
• Obama Urges Congress to "Stand on the Side of Reform" May 22, 2012
  President Barack Obama used his weekly radio address to once again defend the Dodd-Frank Act in light of JPMorgan Chase's $2 billion-plus loss, which he said illustrates the need for reforms. […]
• GAO Urges CFPB to Improve Internal Financial Controls May 22, 2012
  A government watchdog is recommending the Consumer Financial Protection Bureau implement several additional internal controls to avoid misappropriation of assets or inaccurate financial statements. […]

Banktech

MarketWatch

• Bond Report: Treasurys pare small decline May 21, 2012
  Treasury prices edge down, nudging long-term yields up as a lack of negative news allows riskier assets to recover, reducing demand for the safe haven of U.S. debt.. […]
• Nasdaq confronts liability for Facebook losses May 21, 2012
  --Brokers and traders to seek compensation from Nasdaq for losses in Facebook IPO --Glitches affected millions of shares' worth of trading, says Nasdaq --Total losses sustained by brokers could reach $100 million, Knight Capital CEO --Finra to handle arbitration, distribution of compensation, sources say […]
• Market Extra: Facebook slumps below IPO price May 21, 2012
  Social network falls below IPO price on Monday following a lackluster debut last week. New analysts mixed on business potential. […]
• Currencies: Euro tries to recover from lowest since January May 21, 2012
  The euro floats between positive and negative territory as strategists warn that more pressure may be in store due to continued uncertainty over Greece’s fate within the euro zone and jitters over the region’s banking system. […]
• J.P. Morgan suspends share buybacks after losses May 21, 2012
  J.P. Morgan Chase & Co. will suspend its share buyback program in the wake of a $2 billion-plus trading loss, the bank’s chief executive says on Monday, as he declines to give a “running tally” on the loss, which may mount amid volatile market conditions. […]
• London Markets: Banks, resource firms support FTSE 100 May 21, 2012
  Broader gains across European markets transpire to gains for London stocks on Monday, with resource and bank companies, such as BP and Barclays providing support. […]

The Economist

• Business this week May 17, 2012
  […]
• KAL's cartoon May 17, 2012
  […]
• Politics this week May 17, 2012
  […]

BBC World News

• VIDEO: Malnutrition kills Tajik children May 21, 2012
  More than half of the population Tajikistan lives below the poverty line and malnutrition is the cause of a third of child mortality. […]
• VIDEO: Lockerbie bomber's funeral held May 21, 2012
  Lockerbie bomber Abdelbaset al-Megrahi has been buried in a private ceremony in a western suburb of the Libyan capital, Tripoli. […]
• VIDEO: Indigenous people fear Maracana eviction May 21, 2012
  A group of indigenous people in Brazil living near the main World Cup stadium, Maracana, fear they will be evicted to make way for a car-park. […]
• VIDEO: Afghan exit dominates Nato meeting May 21, 2012
  Nato's Secretary General Anders Fogh Rasmussen says NATO's role in Afghanistan will shift from "combat to support". […]
• VIDEO: Arrested for 'wrong' Eurovison vote May 21, 2012
  Panorama meets an Azeri man questioned by officials for casting a controversial Eurovision vote. […]
• VIDEO: Are blood diamonds a thing of the past? May 21, 2012
  After the war in the 1990s, Sierra Leone has taken another symbolic step away from its wartime image as the home of the "blood diamond". […]

IMF News

• Strong Trade, Services Support the UAE's Economic Recovery May 18, 2012
  Growth in the United Arab Emirates is expected to moderate to 2.3 percent in 2012 as oil production levels peak, but nonhydrocarbon growth is strengthening as the country's dependency on oil declines, the IMF says in its latest annual assessment of the economy. […]
• Africa Must Diversify to Create More Jobs, Says Okonjo-Iweala May 16, 2012
  African countries should rebuild their fiscal buffers and diversify their economies away from commodities in order to protect themselves from another possible global downturn, says Nigerian Finance Minister Ngozi Okonjo-Iweala. She adds that Africa should not be in the business of importing food. […]
• Costly Mideast Subsidies Need Better Targeting May 14, 2012
  Well-intended energy and food price subsidies are increasingly weighing on government budgets and debt levels across the Middle East and North Africa and are not necessarily the most efficient way to channel aid to the most vulnerable, participants at a recent IMF seminar said. […]
• Africa Sustains Growth Despite Global Uncertainty May 14, 2012
  Despite the weaker global economic environment, sub-Saharan Africa is expected to continue growing strongly in 2012. GDP growth is forecast to increase slightly from the 2011 average of 5 percent, according to the IMF in its latest assessment of the region's economy. […]
• Reforms to Strengthen Economic Stability Will Help Turkey's Growth and Jobs May 11, 2012
  Turkey, at the crossroads of Europe and the Middle East, is a key player in the global economy that has seen ten years of high growth. Going forward, it will be important that the country continues to implement economic reforms to sustain stability, growth and to increase employment, said Christine Lagarde on her first trip to the country since her selection […]
• Asia Faces Stronger Growth, but Further Rebalancing Critical May 10, 2012
  Growth in Asia is expected to pick up this year, after slowing in the last quarter of 2011, but Asian leaders now face the difficult task of adjusting policies to support stable, non-inflationary growth, say IMF economists. […]

World Bank News

• Safety Nets: Tanzania May 8, 2012
  Safety Nets: Tanzania […]
• Safety Nets: A Miracle in Tigray May 3, 2012
  Safety Nets: A Miracle in Tigray […]
• Safety Nets in Brazil April 18, 2012
  Safety Nets in Brazil […]
• Mo' Betta Jobs -- Part 2 April 13, 2012
  Mo' Betta Jobs -- Part 2 […]
• Mo' Betta Jobs -- Part 1 April 6, 2012
  Mo' Betta Jobs -- Part 1 […]
• Mayhem at the Border February 17, 2012
  Mayhem at the Border […]

ATM Marketplace

• 2004 ATMIA East Tampa May 21, 2012
  2004 ATMIA East Tampa […]
• 2004 ATMIA East Tampa May 21, 2012
  2004 ATMIA East Tampa […]
• 2004 ATMIA East Tampa May 21, 2012
  2004 ATMIA East Tampa […]
• 2004 ATMIA East Tampa May 21, 2012
  2004 ATMIA East Tampa […]
• 2004 ATMIA East Tampa May 21, 2012
  2004 ATMIA East Tampa […]
• 2004 ATMIA East Tampa May 21, 2012
  2004 ATMIA East Tampa […]

American Banker – Washington Regulatory

• Levin, Merkley Turn Up Heat on Volcker Rule May 17, 2012
  The Democratic senators argued Thursday that the proposal by regulators to implement the ban on proprietary trading contains a "JPMorgan Loophole." […]
• Forcing Firms to Admit Guilt Could Endanger Banks: Regulators May 17, 2012
  Financial regulators told a House panel Thursday that requiring banks to admit wrongdoing as a condition of settlements could raise safety and soundness concerns. […]
• FDIC's IG to Take Temporary Control of SEC's Watchdog May 17, 2012
  Jon Rymer, the FDIC's chief watchdog, will run both offices temporarily while permanent SEC inspector general is sought. […]
• Dimon to Testify on JPM Trade Losses May 17, 2012
  The Senate Banking Committee announced Thursday that it has invited JPMorgan Chase CEO Jamie Dimon to testify about the firm's $2 billion trading loss. A bank spokeswoman said Dimon has agreed to testify. […]
• JPMorgan Loss Helps Senate Confirm Stein, Powell to Fed Board May 17, 2012
  The appointees, one a Democrat and the other a Republican, give the Board a full complement of seven members for the first time since April 2006. […]
• Death of a Big Bank: How the FDIC Will End Too Big to Fail May 16, 2012
  "It is about saving the financial economy, not saving a firm," says Jim Wigand, the 28-year FDIC veteran tasked by Congress with ending TBTF. […]

CNN Top Stories

• China human rights activist now in U.S. May 21, 2012
  Chinese human rights activist Chen Guangcheng arrived Saturday evening in the United States, bringing an end to a diplomatic firestorm that erupted after he escaped from house arrest and took to YouTube to complain about abuse he said his family suffered at the hands of authorities. […]
• Dominique Strauss-Kahn may face gang rape allegations May 21, 2012
  French officials investigating the ex-IMF chief's alleged participation in a prostitution ring say police will begin looking into incidents in Washington. […]
• GOP problem: Their voters are dying off May 21, 2012
  When presumptive Republican presidential nominee Mitt Romney appears before Latino small-business owners in Washington on Tuesday, he'll address a group whose explosive birth rates foreshadow a seismic political shift in GOP strongholds in the Deep South and Southwest. […]
• Back-to-back quakes rattle Italy May 21, 2012
  Northern Italy was shaken by an aftershock Monday morning, a day after a magnitude-6.0 quake killed at least seven people and left thousands of survivors huddling in tents or cars overnight. […]
• Zelizer: Blame GOP for gridlock May 21, 2012
  Julian Zelizer says that even impartial observers see that congressional Republicans have taken the partisan wars to extremes […]
• Crazy protests hit Chicago May 21, 2012
  Protesters vowed to carry out disruptive demonstrations Monday in Chicago, a day after baton-wielding police clashed with demonstrators in a violent confrontation that left dozens injured just blocks from where NATO leaders were gathered. […]

World Health Organization

• New data highlight increases in hypertension, diabetes incidence May 16, 2012
  16 May 2012 -- One in three adults worldwide has high blood pressure – a condition that causes around half of all deaths from stroke and heart disease, according to the World health statistics 2012 report released today. One in 10 adults has diabetes. […]
• WHO highlights importance of good hand hygiene for patient safety May 4, 2012
  4 May 2012 – On Hand Hygiene Day (5 May), more than 15 000 health-care facilities from 156 countries are participating in the WHO Save Lives: Clean Your Hands Initiative by committing to improve patient safety by practicing better hand hygiene […]
• 15 Million babies born too soon May 2, 2012
  2 May 2012 -- Over one million of preterm babies die shortly after birth and countless others suffer some type of lifelong physical, neurological, or educational disability. An estimated 75% of preterm babies who die could survive without expensive care if a few proven and inexpensive treatments and preventions were available worldwide. […]
• World Malaria Day 2012 April 24, 2012
  24 April 2012 -- On the eve of World Malaria Day 2012, WHO hails global progress in combating malaria but highlights the need to further reinforce the fight. WHO’s new initiative, T3: Test, Treat, Track, urges malaria-endemic countries and donors to move towards universal access to diagnostic testing and antimalarial treatment, and to build robust malaria su […]
• Global partners launch new plan to control and eliminate measles and rubella April 24, 2012
  24 April 2012 -- Announcing a new global strategy aimed at reducing measles deaths and congenital rubella syndrome to zero. The announcement comes with the publication of new data using a state-of-the-art methodology showing that efforts to reduce measles deaths have resulted in a 74% reduction in global measles deaths, from 2000 to 2010. […]
• World Immunization Week rolls out in more than 180 countries April 23, 2012
  23 April 2012 – The first World Immunization Week is being held from 21 to 28 April 2012 with activities in over 180 countries. The theme of the week, ‘Protect your world: Get vaccinated’, aims to reinforce the importance of immunization and encourage people everywhere to vaccinate themselves and their children against serious diseases. […]