Monthly Archives: August 2010 - Page 5

WikiLeaks Founder Seeks Swedish Residency

WikiLeaks founder Julian Assange has applied for residency in Sweden, the Swedish Migration Board said, even as police questioned him over allegations that he molested two Swedish women.

U.S. Home-Price Gains Decelerate

U.S. home prices rose 3.6% in the second quarter, according to S&P Case-Shiller, but gains decelerated. Separately, consumer confidence moved higher in August.

Fed Faced Slew of Questions

Fed officials wrestled with a slew of unanswered questions before deciding at their Aug. 10 meeting to alter their portfolio strategy, minutes showed.

German Regulator Moves Against 10 Bank Board Members

Germany’s financial regulator has, in the first 12 months under new legislation, initiated removal procedures against 10 supervisory board members of banks because of a lack of qualifications, too many mandates or potential conflicts of interest.

France Calls for Stricter Rules on Commodity Derivatives

France is calling for a tightening of the oversight on commodity derivatives markets in the European Union in order to help reduce the volatility of commodity prices.

Anglo Irish Posts Massive Loss

Anglo Irish Bank’s CEO put a $31.66 billion estimate on the Irish government’s bill to bail out the bank, as it reported a massive first-half loss.

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