AFP - Britain's government is to create three new high street banks from bailed out lenders Royal Bank of Scotland, Lloyds Banking Group and Northern Rock, according to media reports.
Reuters - The Securities and Exchange Commission is in settlement talks with several large financial institutions to resolve investigations into the awarding of municipal investment contracts, the Wall Street Journal reported on Saturday.
Reuters - President Barack Obama used his weekly radio address on Saturday to tell Americans that this week's positive job and economic growth figures are yet more evidence that the U.S. economy is recovering.
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