Securities

(Reuters) - The Federal Reserve's extremely accommodative monetary policy has not boosted jobs as much as it should because the U.S. Congress and White House cannot agree on tax and spending policies, a top Fed official said on Wednesday. "Inflation is...

Federal securities regulators have accused the city of Victorville, an official, the airport authority and municipal bond underwriters of fraud stemming from a 2008 offering. The Securities and Exchange Commission on Monday accused the parties of...

By Joseph Ax NEW YORK, May 7 (Reuters) - Goldman Sachs Group Inc must face fraud claims brought by CIFG Assurance North America over insurance it provided for $275 million in mortgage-backed securities, a New York state appeals court ruled on Tuesday....

By Elzio Barreto and Denny Thomas HONG KONG, May 6 (Reuters) - State-owned China Galaxy Securities Co Ltd set a record for Hong Kong's IPO market on Monday, with a total of 21 banks working as joint bookrunners on its $1.37 billion offering. That...

* Adverse ruling in court case may be blessing in disguise * Court finds a "cost-based" standard for data By Herbert Lash NEW YORK, May 3 (Reuters) - At first blush the two leading U.S. stock exchanges won a sweeping victory this week in a long-running...

RICHMOND, Virginia (Reuters) - A recovery in the housing market means the Federal Reserve should think about how to reduce its holdings of mortgage-backed securities over time in order to avoid creating another bubble in real estate, a top central...

(Corrects that CRPC designation is available from College for Financial Planning, not the Certified Financial Planner Board of Standards) By Suzanne Barlyn NEW YORK, May 2 (Reuters) - Financial advisers may need to be more careful then ever when using...

* SAC Capital employee loses bid for new judge * Steinberg has pleaded not guilty to five counts By Bernard Vaughan NEW YORK, May 3 (Reuters) - A federal judge has set Nov. 18 for the start of the criminal trial of Michael Steinberg, the most senior...

By Karen Freifeld NEW YORK, May 3 (Reuters) - When New York Attorney General Eric Schneiderman gave up a claim for damages against former AIG chief Hank Greenberg, he also likely neutralized a long-awaited challenge to his office's power. New York's...

NEW YORK (Reuters) - Flagstar Bancorp Inc said Thursday it would pay $110 million to settle a lawsuit by MBIA Inc accusing the bank of misrepresenting the quality of loans underlying $1.1 billion in mortgage-backed securities. MBIA filed the lawsuit in...

May 2 (Reuters) - American Capital Agency Corp's first-quarter net profit fell about 65 percent due to a loss on the sale of agency mortgage-backed securities (MBS) and derivatives. The real estate investment trust's (REIT) shares were down 8 percent in...

* Gulf Coast gas processing plant to shut, curb oil output * Crude futures rally * Brent/U.S. crude spread narrows NEW YORK, May 2 (Reuters) - U.S. cash crude differentials strengthened on news of planned maintenance at a Mississippi gas processing plant...