Fed boss regrets Lehman remark

BEN BERNANKE, the Federal Reserve chairman, told the Financial Crisis Inquiry Commission (FCIC) yesterday that he should have been “more straightforward” with Congress when he avoided saying the central bank had no means to save Lehman Brothers.

Consumer Bankruptcy Costs Climb Sharply

People filing for Chapter 7 and Chapter 13 consumer bankruptcy protection are facing as much as a 55 percent cost increase as one result of the 2005 comprehensive bankruptcy reforms, according to a new study.

Scotiabank reports third quarter earnings of over $1 billion

Earnings per share of $0.98 compared to $0.87

Ipsen's Half-year 2010 Results

PARIS----Regulatory News:

Strengthening rural banks

The role of rural banks in a predominantly agricultural country like the Philippines cannot be overestimated. The rural banking system provides essential services in the economy, particularly in making adequate banking services available to the local communities and specialized or niche markets such as microfinance clients. Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. has often ...