Banks, investment firms borrow less over past week from Fed’s emergency lending program

October 4th, 2009 3 more investment firms approved for asset programWASHINGTON — Three more large investment firms have raised sufficient capital to participate in the joint partnership with the government to purchase toxic assets from banks. The Treasury Department said Alliance Bernstein LP and BlackRock Inc., both headquartered in New York City, and Wellington Management Co., based in Boston, had all raised the $500 million minimum to begin operations.

September 30th, 2009 Treasury: 2 firms can start buying toxic assetsWASHINGTON — The Treasury Department said Wednesday that two large investment funds have raised the minimum amounts needed to begin purchasing toxic assets from banks, finally launching this part of the government's financial rescue effort. Invesco Ltd.

September 3rd, 2009 Banks borrow more from emergency Fed loan programWASHINGTON — Banks boosted borrowing from the Federal Reserve's emergency lending facility over the past week, but cut back on other programs intended to ease the financial crisis. The results offered a mixed picture of credit conditions.

August 13th, 2009 Banks reduce emergency borrowing from FedWASHINGTON — Banks trimmed their borrowing from the Federal Reserve's emergency lending facility over the past week, and cut back their use of other programs designed to ease the financial crisis. The reductions indicate that banks are having an easier time obtaining credit and don't have to rely mostly on the Fed for short-term loans.

August 6th, 2009 Banks boost borrowing from Fed emergency programWASHINGTON — Banks boosted borrowing from the Federal Reserve's emergency lending facility over the past week, but cut back on other programs designed to ease the financial crisis. The overall picture suggests some credit problems are easing.

July 30th, 2009 Banks edge up borrowing from Fed emergency programWASHINGTON — Banks nudged up borrowing from the Federal Reserve's emergency lending facility over the past week, while cutting back on other programs designed to ease the financial crisis. The overall picture suggests some credit stresses are easing.

July 23rd, 2009 Banks cut borrowing from Fed emergency programWASHINGTON — Banks trimmed borrowing from the Federal Reserve's emergency lending facility over the past week and cut back on other programs designed to ease the financial crisis, a sign that some credit problems are easing. The Fed said Thursday that commercial banks averaged $33.7 billion in daily borrowing over the week that ended Wednesday.

July 16th, 2009 Banks trim borrowing from Fed emergency programWASHINGTON — Banks reduced borrowing from the Federal Reserve's emergency lending facility over the past week and cut back on other programs designed to ease the financial crisis, encouraging signs that some credit stresses are easing. The Fed said Thursday commercial banks averaged $34.46 billion in daily borrowing over the week that ended Wednesday.

July 9th, 2009 Banks cut Fed borrowing, sign credit stress easingWASHINGTON — Banks trimmed borrowing from the Federal Reserve's emergency lending facility over the past week and cut back on other programs designed to ease the financial crisis, promising signs that some credit problems are easing. The Fed said Thursday commercial banks averaged $34.97 billion in daily borrowing over the week that ended Wednesday.

July 2nd, 2009 Banks trim borrowing from Fed's emergency programWASHINGTON — Banks borrowed less from the Federal Reserve's emergency lending facility over the past week and cut back on other programs designed to ease the financial crisis, encouraging signs that some credit stresses are easing. The Fed on Thursday said commercial banks averaged $35.9 billion in daily borrowing over the week that ended Wednesday.

June 18th, 2009 Banks borrow less from Fed emergency loan programWASHINGTON — Banks have trimmed their borrowing from the Federal Reserve's emergency lending program, an encouraging sign that some credit stresses are abating. The Fed on Thursday said commercial banks averaged $36.2 billion in daily borrowing over the week that ended Wednesday.

June 12th, 2009 Banks cut borrowing from Fed program to $36.9BWASHINGTON — Banks cut borrowing from the Federal Reserve's emergency lending program, while investment firms took a pass for the fourth straight week, a sign some credit problems are easing. The Fed on Thursday said commercial banks averaged $36.9 billion in daily borrowing over the week that ended Wednesday.

June 4th, 2009 Banks borrow more from Fed; investment cos. noneWASHINGTON — Banks boosted borrowing from the Federal Reserve's emergency lending program over the past week, while investment firms took a pass for the third straight week.

April 30th, 2009 Banks borrow more, investment firms less from FedWASHINGTON — Commercial banks borrowed more over the past week from the Federal Reserve's emergency lending program, while investment firms borrowed less. The Fed reported Thursday that commercial banks averaged $44.8 billion in daily borrowing over the past week that ended Wednesday.

April 23rd, 2009 Banks, investment firms borrow less from FedWASHINGTON — Commercial banks and investment firms reduced their borrowing over the past week from the Federal Reserve's emergency loan program, a hopeful sign that some credit stresses are easing. The Fed on Thursday said commercial banks averaged $43.1 billion in daily borrowing over the week that ended Wednesday.