regulators

Hong Kong legislators on Monday accused regulators of failing to monitor banks that sold Lehman Brothers-backed bonds that have put hundreds of millions of dollars in doubt after the U.S. investment bank failed amid the global financial crisis.

Speed, decisiveness paramount with possible approaches including even Gov't direct investment in worsening companies.

With financial markets still tumbling, the Federal Reserve is signaling that it might cut interest rates after a series of bold steps by federal regulators failed to stem the slide.

Neither presidential candidate offered a solution.

On Friday, with its stock plunging 27 percent, Wachovia experienced a “silent run” on deposits, but the bigger worry for regulators was that other banks wouldn't provide the Charlotte bank with necessary short-term funding when it opened for business Monday

Federal regulators on Wednesday extended an unprecedented ban against all short-selling in the shares of more than 800 financial companies, keeping it in place at least until after Congress enacts a massive financial bailout plan.

Regulators quickly halted trading on Russia's two major stock exchanges Tuesday after share prices dropped sharply in response to the economic bailout turmoil in the United States.

Stock markets around the world cascaded lower Monday, European regulators announced the rescue of four major banks, and U.S. and foreign officials pledged to make hundreds of billions of dollars available to ensure that banks would continue lending to each other.

Federal regulators arranged the sale of Wachovia’s bank unit to Citigroup to stave off what might have been the second failure of a major bank in a week.

Regulators in Britain and Belgium engineered emergency rescues of two leading banks with heavy exposure to soured mortgages.

Hypo Real Estate, a German property lender, said that it had secured a multibillion-euro line of credit.

The Belgian-Dutch Fortis Group and Britain’s Bradford & Bingley are two leading European banks with heavy exposure to soured mortgages.