Political Battle Looms Over Fed's Emergency Loan Programs

The Treasury Department is facing pressure to allow lending backstops to expire at year end, but some Fed officials fear the move could be premature. 


 
Fed Could Become Early Flashpoint Between Biden and McConnell

The fate of two open Federal Reserve Board seats could say a lot about the future of Washington. 


 
Fed's Kaplan Says Economy Likely Needs More Targeted Aid

Federal Reserve Bank of Dallas President Robert Kaplan said Tuesday that easing terms for access to some of the central bank's emergency lending facilities appears be a good idea as the economy faces a particularly challenging period in its coronavirus pandemic recovery efforts. 


 
Fed's Rosengren Calls for More Fiscal, Monetary Support to Aid Recovery

The Boston Fed leader said resurgent coronavirus infections call for continued action by the government and central bank, even as he warned that extended periods of low interest rates can eventually bring trouble. 


 
Negative Bond Yields Point to Greece's Economic Progress

A rally in short-dated Greek government bonds sent their yield below zero for the first time, marking a significant turnaround in investors' perceptions of Europe's willingness to support its most indebted country. 


 
Japan Pushes Regional Banks to Merge With Interest-Rate Carrot

The Bank of Japan said it would support consolidation and cost-cutting at regional banks by giving them extra interest on their deposits at the central bank, a move that analysts said would advance Prime Minister Yoshihide Suga's push to restructure the nation's banking system. 


 
Biden's Election Win Was a Big Bet for These Wall Street Executives

Joe Biden's backers in the financial industry are likely to seek influence in the administration but probably won't have the close access enjoyed by the coterie of financiers who had the ear of President Trump. 


 
In NYC's Financial District, Killing Time May Be the Hardest Job of All

With most office employees still working from home, area vendors, security guards and business owners spend days reading, watching TV, napping or learning new skills: balloon garlands, anyone? 


 
Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services 


 
Popular Trading Platforms Have Technical Difficulties as Stocks Surge

Charles Schwab and TD Ameritrade were among companies saying customers experienced problems. Several platforms cited extreme trading volumes as investors rushed to buy and sell shares.

(END) Dow Jones Newswires

11-10-20 1615ET