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U.S. banks kick-start alternative way to provide mortgage loans

Representatives of the four largest U.S. banks and Henry Paulson, Treasury Secretary, agreed on Monday to kick-start a market for covered bonds, in the United States this is an

US banks more at risk than European firms

We have seen over recent weeks stocks falling significantly, this is a direct result of US banks, such as Fannie Mae and Freddie Mac, and the biggest loser so far has to be IndyMac.
It seems that this trend of banks at risk is more of a problem for US banks rather than European firms. Experts [...]

Fannie Mae, Freddie Mac help Tokyo shares

Asian shares especially in Tokyo have rallied following the news that the U.S. Government have stepped in to bail out banks, Fannie Mae, Freddie Mac. It is also suggested that ten-year yields may rise because of the efforts to helps those companies.