Commercial banking
FILE - The Federal Reserve is seen in Washington, in this Nov. 16, 2020 file photo. The Federal Reserve reported Monday, March 22, 2021, that it earned $88.6 billion in 2020 and paid back to the federal government $86.9 billion, the largest Fed payment to the government in four years. (AP Photo/J. Scott Applewhite, File)
Fed pays US Treasury $86.9 billion, largest sum in 4 years

By Martin Crutsinger Mar. 22, 2021 12:58 PM EDT

In this Friday, Oct. 23, 2020 photo, the figure of Ant Group's mascot is displayed at the Ant Group office in Hong Kong. China's Ant Group will try to raise nearly $35 billion in its initial public offering in Shanghai and Hong Kong, which would make it the largest share offering in history. Alibaba-affiliated Ant Group, which operates a suite of financial products including the widely-used Alipay digital wallet in China and one of the world's largest money market funds, will hold dual listings in Shanghai and Hong Kong. (AP Photo/Kin Cheung)
Debut of Chinese e-finance giant derailed by fear of risks

By Joe Mcdonald And Zen Soo Nov. 04, 2020 04:11 AM EST

FILE - In this June 15, 2015, file photo, a Saudi man walks through the Tadawul stock exchange in Riyadh, Saudi Arabia. Saudi Arabia's National Commercial Bank said Sunday, Oct. 11, 2020, it will purchase rival lender Samba Financial Group in a deal valued at $14.8 billion, creating what would become the kingdom's largest bank. (AP Photo/Hasan Jamali, File)
Saudi's National Commercial Bank buys Samba in $14.8B deal

By Jon Gambrell Oct. 11, 2020 11:25 AM EDT

This April 17, 2015 photo shows stacks of gambling chips on a roulette table at the Tropicana Casino and Resort in Atlantic City, N.J. On June 16, 2020, the American Gaming Association, the casino industry's national trade group, called on state gambling regulators to make it easier for gamblers to use cashless betting options during the coronavirus outbreak. (AP Photo/Wayne Parry)
Casinos, airlines, seek return to normality

The Associated Press Jun. 16, 2020 11:23 AM EDT

People, wearing face masks to protect against coronavirus, sign to support potential presidential candidates in the upcoming presidential elections in Minsk, Belarus, Sunday, June 14, 2020. The presidential campaign is underway in Belarus despite the coronavirus outbreak after the parliament and government refused to postpone the election scheduled for August 9. (AP Photo/Sergei Grits)
Belarusian authorities raid Russia-owned bank

By Yuras Karmanau Jun. 15, 2020 11:23 AM EDT

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, June 15, 2020. Asian shares were mostly lower Monday on concern over a resurgence of coronavirus cases and pessimism after Wall Street posted its worst week in nearly three months. (AP Photo/Eugene Hoshiko)
Asian stocks follow Wall St higher after Fed ups bond buys

By Yuri Kageyama Jun. 15, 2020 03:33 AM EDT

FILE -- In this Thursday, March 12, 2020 file photo the President of European Central Bank Christine Lagarde looks up prior to a press conference following a meeting of the ECB governing council in Frankfurt, Germany. The European Central Bank has boosted its pandemic emergency support program by 600 billion euros to 1.35 trillion euros ($1.5 trillion) in an effort to keep affordable credit flowing to the economy during the steep downturn caused by the virus outbreak. (AP Photo/Michael Probst, file)
European Central Bank nearly doubles pandemic support scheme

By David Mchugh Jun. 04, 2020 07:51 AM EDT

An Indian laborer walks with his bicycle past a bread shop before it opens in the morning in Kochi, Kerala state, India, Friday, May 22, 2020. India's central bank on Friday cut its key interest rate to 4% to revive the economy severely hit the coronavirus outbreak and a two-month lockdown. (AP Photo/R S Iyer)
India's central bank cuts lending rate to 4% to aid economy

May. 22, 2020 02:36 AM EDT

Fed reports financial details on 3 key support programs

By Martin Crutsinger Apr. 24, 2020 12:23 PM EDT
WASHINGTON (AP) — The Federal Reserve had $85.8 billion in loans outstanding last week in three of the programs it rolled out last month to protect the economy...