Latest Business News: British Regulator Warned Co-op About Capital Shortfall in 2011

Wochit 0:46 mins

Britain's financial regulator warned the Co-operative Bank two years ago that it needed to raise capital, and was not in a position to buy hundreds of branches from Lloyds Banking Group. U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening. Stock index futures rose modestly, indicating positive market momentum would persist as investors remain optimistic about the economic outlook. Sentiment has improved since Federal Reserve officials signaled that their bond-buying stimulus program would not end soon.

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