Lehman Brothers collapse: Where are the key figures now?
Where are the key figures in the collapse of Lehman Brothers which filed for Chapter 11 bankruptcy protection on September 15, 2008.
Ben Bernanke is an American economist, he served two terms as Chairman of the Federal Reserve the central bank of the United States.
Where are the key figures in the collapse of Lehman Brothers which filed for Chapter 11 bankruptcy protection on September 15, 2008.
Germany's finance minister, Wolfgang Schauble, has drawn opprobrium and praise in equal measure for his suggestion that Greece takes a "time-out" from the eurozone.
In the poshest hotel in Dublin last week, they told me that they had practically 100pc occupancy the night before. And they have been fairly full for much of the summer. "It was like someone just...
Flashes of illumination rather than fireworks are expected at this week's annual meeting of top central bankers and economists in Jackson Hole, Wyoming.
I WAS going to write this column in defence of stockbrokers after Shane Ross's column last week but I am only a stand-in, which would leave Mr Ross with an unchecked right of retort, a dangerous...
THE Crimean situation is irrelevant. The Ukraine coup does not matter. That is the clear signal from financial markets. While the 24-hour broadcast media have indulged in wall to wall coverage...
The Federal Reserve is set to trim its bond-buying stimulus for a third time in a row today, and will probably rewrite its guidance on when it might eventually raise interest rates.
FEDERAL Reserve chair Janet Yellen is generally taking the right approach in continuing efforts to boost a tepid US economic recovery, former US Treasury Secretary Lawrence Summers said...
US Federal Reserve chairwoman Janet Yellen has said that if the economy keeps improving, the Fed will take "further measured steps" to reduce the support it is providing through monthly bond purchases.
NEW Federal Reserve Chair Janet Yellen said on Tuesday the jobs market recovery is "far from complete" despite a drop in unemployment, yet...
THE health of the US economy and the extraordinary and controversial measures the Federal Reserve has taken to support it will top the agenda on Tuesday when Janet Yellen testifies...
Janet Yellen has been sworn in to succeed Ben Bernanke, becoming the first woman to lead the US Federal Reserve in its 100-year history.
Janet Yellen has been sworn in to a term as chair of the US central bank, the Federal Reserve said in a statement.
JUST hours after admitting to the hopelessness of Washington's broken politics in his State of the Union address, President Obama (right), took to the road yesterday in a bid to demonstrate his commitment to helping America's middle classes, even as the US Congress does not.
The US Senate has confirmed Janet Yellen as the new chairman of the Federal Reserve by a vote of 56 to 26.
The Senate confirmed Janet Yellen as the first woman to lead the US Federal Reserve, elevating an advocate of fighting unemployment and a backer of the central bank's efforts to spur the economy with low interest rates and massive bond purchases.
Concerns over a slowdown in China's economy triggered a third day of falls for world shares today and extended a spritely rebound in gold to leave it at a near three-week high.
The US Senate, kicking off its 2014 session today, intends to waste no time making history as it moves to approve Janet Yellen to be the first woman to head the Federal Reserve.
It's that time of the year when, relying on shaky economic models, hubris and groupthink, attempts are made to forecast the next 365 days, a measurement of time decided by a dead Roman...
The US unemployment rate fell to a five-year low of 7% as employers added 203,000 jobs in November .
Year after year Federal Reserve policymakers have clung to a belief that the US economy will soon regain its pre-recession stride. And year after year they have been wrong.
JAPAN posted its biggest October trade deficit on record, as a revival in exports to the US and China was overwhelmed by soaring costs for imported fuel in the wake of the nuclear industry's shutdown.
The Punt likes to think of itself as being vigilant against fads. Nevertheless, continuing to dismiss Bitcoin – the online crypto-currency that has fluctuated wildly over the past six weeks – is starting to feel a little old. The free market may not always be right. But it is currently telling us...
The exchange rate for Bitcoins has leapt to their highest ever prices as the market for digital crypto-currency prepares for the possibility of US regulation.
LAST week's decision by the ECB to cut official eurozone interest rates to a record low of just 0.25 per cent looks set to drive share prices even higher.
US president Barack Obama has been ousted from the number one spot on the 'Forbes' list of most powerful people by Russian counterpart Vladimir...
Alan Greenspan really is a funny guy. The former chairman of the US Federal Reserve has just released a book entitled The Map and the Territory, which seeks to tackle the subject of, wait for it...
The biggest US banks would be required to hold enough easily sold assets to survive a 30-day credit drought under proposed new Federal Reserve liquidity rules.
If Alan Greenspan were Santa Claus, what's the last thing you'd want for Christmas? Given his track record, a guide to economic forecasting would have to be the worst present he could bring.
LIKE corded telephones, it is looking like our grandchildren will someday need to have the concept of rate hikes explained to them.
Apparently British presenter Michaela Strachan is a graduate of the ‘Men are from Mars, Women are from Venus’ school of teaching as believes men...
THE Yellen era will feature more of the same: the same monetary policy and the same unanswered questions. Appointed last week as Ben Bernanke's successor as Fed chief, Janet Yellen (pictured below) is likely to pursue a similar approach to monetary policy. That makes any taper in bond buying likely to be later and gentler, a factor which will support, all things being equal, riskier assets.
U.S. Treasury Secretary Jack Lew and Federal Reserve Chairman Ben Bernanke told officials of other G20 economies on Thursday that the standoff over the U.S. debt ceiling will be resolved...
Top finance officials from the G20 leading economies looked set to keep their focus on the receding risk of a US default at talks later today as hopes grew that Washington could soon clinch a...
President Barack Obama named Janet Yellen as the head of the Federal Reserve, giving the world's most powerful central bank its first female leader in its 100-year history.
ECONOMIST Janet Yellen has been nominated by US president Barack Obama to take over as chairperson of the US Federal Reserve, the most influential central bank on earth.
MOVE over Christine... there’s a new leading lady in town
European shares slipped to a one-month low on Wednesday as a lack of progress in resolving a US budget impasse prompted some investors to trim back positions in sectors such as construction.
US President Barack Obama will nominate Fed number two Janet Yellen today to run the world's most influential central bank, providing some relief to markets that would expect her to tread...
WITH Finance Minister Michael Noonan preparing once again to shrug off Dame Street's economic recommendations, it is time to ask ourselves what we expect from the Central Bank and even...
Perhaps it's because Christmas is only 13 weeks away, or maybe the baby boom has just brought out the inner child in us all, but sales of action figures on eBay were up about 7 per cent over the last month. This is good news because it shows we still have a bit of disposable income to spend on miniature Buzz Lightyears and R2-D2s.
U.S. home resales surged in August to a 6-1/2-year high and factories grew busier early this month in the Mid-Atlantic region, signs that rising borrowing costs might be weighing only modestly on the...
European stock markets opened higher on Thursday after the U.S. Federal Reserve surprised investors by sticking to its programme of economic stimulus, sending regional indexes to multi-year highs.
IRISH and European stocks advanced early yesterday but the focus was squarely on Washington and the Federal Reserve's conclusion of its two-day meeting.
The Federal Reserve has decided against reducing its stimulus for the US economy and announced it will continue to buy 85 billion dollars (£53 billion) a month in bonds because it thinks the economy still needs the support.
Asian markets kept their nerve today counting on the Federal Reserve to launch only a modest scaling back of stimulus later in the day, though all assets were vulnerable to any hint of hawkishness from...
Federal Reserve vice-chairwoman Janet Yellen became the front-runner for the US central bank's top job when President Barack Obama's preferred candidate, former adviser Larry Summers,...
It was a day for taking stock and taking profits yesterday as European investors sold shares after they hit a five-year high this week.
FEDERAL Reserve Vice Chair Janet Yellen became the frontrunner for the U.S. central bank's top job when President Barack Obama's preferred candidate, former adviser Larry Summers,...
LARRY Summers, the apparent frontrunner to succeed Ben Bernanke as the next chairman of the US Federal Reserve, has pulled out of the race...
EMERGING and developed G20 powers struggled to find common ground today over the turmoil unleashed by the prospect of the United States reducing a flood of dollars to the world economy.
MORE bricks in the global recovery wall are likely to slot into place in a week that could also yield more clues as to when the Federal Reserve will start unwinding its exceptional monetary stimulus.
AS Europe's largest Web Summit in Dublin gets closer, it seems that money for tech firms in Europe is becoming harder to come by. Indeed, huffy bankers were out in force during the week, saying that previously funded tech start-ups had to start showing a bit of payback before they'd disburse any more funds.
THE smallest number of workers in more than five years applied for US unemployment benefits over the past month, indicating the labour market continues to improve.
Policy makers at the US Federal Reserve are "broadly comfortable" with plans to begin rolling back the bank's stimulus measures later this...
CENTRAL bankers from around the globe gather later this week in Jackson Hole, Wyoming, but for once, the absence of the Federal Reserve...
Betting at Paddy Power suggests former US Treasury Secretary Larry Summers has the inside track in the race to succeed Ben Bernanke as chairman of the Federal Reserve.
A GAUGE of U.S. consumer spending rose in July at its fastest pace in seven months, a sign of quicker economic growth that could strengthen the case for the U.S. Federal Reserve winding down a major...
A gauge of US consumer spending rose in July at its fastest pace in seven months, a sign of quicker economic growth that could strengthen the case for the US Federal Reserve winding down a major...
NEW Bank of England governor Mark Carney's promise that he won't raise interest rates until British unemployment falls below 7 per cent, leaves the ECB as the odd man out among the world's major central banks in not linking interest rates to the health of the wider economy.
THE US economy continued its recovery yesterday, as data revealed it grew more than forecast between April and June, and added more jobs in July than had been expected.
US economic growth unexpectedly accelerated in the second quarter, laying a firmer foundation for the rest of the year that could bring the Federal Reserve a step closer to cutting back its...
Two European Central Bank executive board members said the minutes from policy meetings should be published, adding to signs that the ECB may soon follow other major central banks in taking the step to increase transparency.
THE Federal Reserve is watching job creation, but investors will be better off keeping a wary eye on profits and bond yields.
The OECD has proposed a rethink of the rules on taxing multi-nationals, taking aim at loopholes used by Apple and Google, as G20 finance ministers stress the need to create jobs.
EUROPEAN shares chalked up a fourth straight week of gains but ended flat on Friday, weighed by fresh weakness in the technology sector after forecast-lagging earnings from two U.S. bellwethers.
THE Group of 20 nations, wary of renewed market volatility, stressed the need on Friday to shift policy carefully and communicate clearly as they seek to chart a course to recovery.
US claims for U.S. jobless benefits fell last week and factory activity picked up in the Mid-Atlantic region in early July, signs of a stronger economy that could help push the Federal Reserve to ease...
FEDERAL Reserve Chairman Ben Bernanke said on Wednesday the U.S. central bank still expects to start scaling back its massive bond purchase programme later this year, but he left open the...
US housing starts and permits for future home construction unexpectedly fell in June, offering further evidence of a sharp slowdown in economic activity in the second quarter.
STUBBORN Irish stocks barely budged yesterday while European share prices climbed to their highest level in almost six weeks, as Chinese economic growth matched forecasts.
THERE may be less to Fed chairman Ben Bernanke's apparent climbdown on US fiscal tightening than meets the eye. With the American economy in a much healthier condition than Europe's, higher US interest rates have been merely postponed.
IRISH shares rose yesterday, ending the week on a high, as markets looked forward to central banks around the world maintaining stimulus measures.
EUROPEAN shares rose on Friday and the dollar steadied in the wake of reassuring comments from the U.S. Federal Reserve on its stimulus programme, leaving world stocks on track for their best week in almost eight months.
EUROPEAN shares hit five-week highs on Thursday and broke above technical resistance to pave the way for further gains after the U.S.Federal Reserve allayed market concerns of an imminent start to its stimulus withdrawal.
EUROPEAN shares hit five-week highs today, led by growth-sensitive stocks, after the chairman of the US Federal Reserve reaffirmed his commitment to easy monetary policy in the near-term.
IRISH shares rose yesterday, mirroring gains across Europe where stocks rebounded amid speculation that economic data will improve and as Portugal's politicians reached an agreement to hold the governing coalition together.
AS the Federal Reserve moves closer to scaling back its monetary stimulus, central banks in the rest of the world may get another reminder this week of just how tough it is to decouple from U.S.
US job growth increased more than expected in June, which could draw the Federal Reserve closer to implementing a plan to start scaling back its massive monetary stimulus later this year.
INVESTORS who poured $1.26 trillion into bond funds in the past six years pulled out record amounts of cash last month, leaving the world's biggest fixed-income managers struggling to stem the flow.
Gold steadied yesterday after falling to its lowest since August 2010 but stayed on track to post its worst quarter on record as fears persisted that the US Federal Reserve will wind down its monetary stimulus soon.
THE White House has assembled a short list of candidates to succeed Federal Reserve chairman Ben Bernanke.
THE euro region's record current account surplus and slowing inflation are giving its shared currency the kind of strength that has made the yen a haven in times of financial and economic turmoil.
EUROPEAN shares held firm this morning, consolidating two sessions of sharp gains, as concerns about diminished monetary stimulus from the US Federal Reserve continued to subside.
THE Bank of England (BoE) warned banks and borrowers yesterday about risks from a potential abrupt rise in global interest rates, and said banks might need to further bolster their capital cushions to protect against this.
With one thing and another, one story that didn't make much of a splash was the musing of the Bank of International Settlements (BIS), which said on Sunday that the party, such as it was, is over.
US economic growth was more tepid than previously estimated in the first quarter, held back by a moderate pace of consumer spending, weak business investment and declining exports.
WORLD bonds, equities and commodities recovered some of their recent losses on Tuesday and a dollar rally cooled as comments by U.S. and Chinese central bankers eased concerns about liquidity...
President Barack Obama has hinted that he may be looking for a new chief of the US Federal Reserve Bank, saying Ben Bernanke has stayed longer than the chairman had planned.
President Barack Obama hinted in an interview aired last night that he may be looking for a new chief of the US Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot...
Western leaders criticised Russian President Vladimir Putin for supporting Syria's Bashar al-Assad in his battle to crush a two-year-old uprising. It set the stage for what could be a difficult meeting of world leaders over Monday and Tuesday.
Employers in the United States stepped up hiring a bit in May in a show of economic resilience that suggests the Federal Reserve could begin to scale back its monetary stimulus later this year.
US regulators say a group of firms that are not banks should be deemed potential threats to the financial system that need stricter government oversight.
US consumer spending fell in April for the first time in almost a year and already low inflation declined further, undercutting arguments for a tapering of the Federal Reserve's bond-buying stimulus.