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Category: SRN News

US Fed plans to raise bank oversight thresholds, sources say

By Nupur Anand, Pete Schroeder and Saeed Azhar NEW YORK/WASHINGTON, Sept 25 (Reuters) – The US Federal Reserve is working on a plan to raise the asset thresholds that trigger stricter oversight of big banks, four people with knowledge of the matter said, which would…

Vehicle ferry on fire off Greece’s Mykonos island

ATHENS, Sept 25 (Reuters) – A fire broke out on the deck of a vehicle ferry off the popular Greek tourist island of Mykonos on Friday, authorities said. At least five coast guard vessels and two firefighting speedboats assisted the operation to rescue the 29 people on…

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