Much work is required for the US to regain a position of moral authority required to take on new challenges around the world.
Americas
Latest articles from US
Cost basis reporting will be costly for all
May 7, 2007The US government wants to impose cost basis reporting on the investment industry to make it easier to determine how much capital gains tax investors owe on their securities. Michael Imeson reports.
On the bandwagon
April 2, 2007Covered bond issuance out of the US will not only widen the global market, but also deepen the investor base for the European issuers, writes Michael Marray.
Can New York break free?
April 2, 2007As the global financial services pie expands, New York City’s business is contracting and many blame this on unfavourable regulation. Dan Barnes reports on the prospects for regulatory reform.
CITI’S BIG SHAKE UP
March 5, 2007Citigroup president and CEO Chuck Prince could enter the history books if he succeeds in the radical restructure he is planning for the world’s largest bank. Brian Caplen reports.
US banks outwit sourpusses
March 5, 2007Noel Coward once wrote a song called ‘There are bad times just around the corner’, although I doubt he had the US economy in mind when he wrote it. However, as far as the US is concerned, in spite of the prognostications of many, the ‘corner’ has yet to be reached.
Cries of impending catastrophe at HSBC are overblown
February 5, 2007The UK bank’s US exposure should only be a short-term liability and shareholders will again benefit once the economy rebounds.
Hard landing looks likely
January 8, 2007The risks of a US recession this year are high, and there is little likelihood that the rest of the global economy can uncouple itself to prevent a sharp global slowdown, writes Nouriel Roubini.
The consumer-led US boom is a myth
January 8, 2007Strong business profit performance lies behind the upswing in the US economy, writes Yusuke Horiguchi.
US sees folly of heavy-handed regulation
January 8, 2007This may be the year that the US pendulum swings away from excessive regulation towards balanced principles.