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Tuesday Headlines: Fed proposes capital boosts for big banks
By Thomas K. Brown,
A.P.: Federal Reserve proposing 8 biggest US banks boost capital cushions; goal is to cut risk
Bloomberg: Wells Fargo now most valuable U.S. bank ever, breaking Citigroup’s 2001 record
New York Times: U.S. Lowers One Hurdle to Obtaining a Mortgage
Bloomberg: Wells Fargo CEO sees U.S. economy growing faster than estimated
L.A. Times: Janus fund assets rise 100-fold since Bill Gross took over
Philadelphia Inquirer: Banks continue shameless overdraft-fee abuses
Bloomberg: Too-Big-to-Fail May Lead to U.S. Bank Pay Rules: Hoenig
N.Y. Post: Fed job data adds up to one big crank call
Bloomberg: Lone Star Said to Challenge Springleaf for Citigroup’s OneMain
Philadelphia Inquirer: Wells Fargo moving 120 Phila jobs to N. Carolina