NEW YORK – US banking giant JPMorgan Chase agreed Thursday to pay some $800 million to settle claims stemming from the massive bankruptcy of Wall Street firm Lehman Brothers in 2008, a court trustee said.
Read Full StoryLONDON, United Kingdom—Britain is considering introducing a new levy on wealthy non-residents as it seeks fresh sources of revenue to help reduce the budget deficit, a newspaper reported Sunday.
Read Full StoryPARK CITY, Utah, United States—A documentary opening at the Sundance Film Festival suggests that the 2008 financial meltdown highlighted not only the greed of Wall Street, but the growing economic woes of average Americans, the filmmaker says.
Read Full StoryBRUSSELS, Belgium—Talks are accelerating that could see the eurozone's rescue fund given a wider remit in a bid to master a mercurial debt crisis and push national economies toward greater convergence.
Read Full StoryBRUSSELS, Belgium—Eurozone finance ministers meet Monday divided over growing calls to expand a debt rescue fund to bury market fears about the fate of vulnerable countries such as Portugal and Spain.
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