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• G20 moves to line up huge rescue deal for April (Reuters)
• Greece sets March 8 deadline for investors in bond swap (Reuters)
• U.S. did not call for strategic oil release: G20 sources (Reuters)
• BRICS to look at bid for top World Bank job (Reuters)
• Markets eke out gains ahead of G-20 meeting (AP)
• Bankers urge G20 growth strategy, euro-zone risks remain (Reuters)
• Weidmann-Bundesbank profit will be crimped by reserves (Reuters)
• Flagstar pays $133M to settle mortgage fraud (AP)
• Auto town on the mend, but bailout still divides (AP)
• Report: BP ready for lengthy oil spill trial (AP)

G20 moves to line up huge rescue deal for April (Reuters) Posted: 26 Feb 2012 08:13 AM PST Reuters - The world's leading economies worked on Sunday to line up a deal in April on a second global rescue package worth nearly $2 trillion to stop the euro-zone sovereign debt crisis from spreading and putting at risk the tentative recovery.

Greece sets March 8 deadline for investors in bond swap (Reuters) Posted: 26 Feb 2012 07:41 AM PST Reuters - Greece has set a March 8 deadline for investors to participate in its unprecedented bond swap aimed at sharply reducing its debt burden, according to a document outlining the offer.

U.S. did not call for strategic oil release: G20 sources (Reuters) Posted: 25 Feb 2012 06:26 PM PST Reuters - The United States did not openly call for a release of countries' strategic oil reserves during Group of 20 meetings this weekend, Group of 20 sources said on Saturday.

BRICS to look at bid for top World Bank job (Reuters) Posted: 25 Feb 2012 05:18 PM PST Reuters - The world's major emerging economies on Saturday rejected the tradition that an American automatically is selected to head the World Bank and they will look at putting forward their own candidate for the open job.

Markets eke out gains ahead of G-20 meeting (AP) Posted: 24 Feb 2012 04:08 AM PST AP - Optimism over the state of the U.S. economy supported markets on Friday ahead of a weekend meeting of the finance ministers of the leading 20 industrial and developing nations in Mexico, where Europe's debt crisis will likely be a key topic of debate.

Bankers urge G20 growth strategy, euro-zone risks remain (Reuters) Posted: 24 Feb 2012 10:45 AM PST Reuters - International bankers called on Group of 20 finance leaders on Friday to step up their efforts to promote economic growth, warning that spillover risks from the euro zone remain.

Weidmann-Bundesbank profit will be crimped by reserves (Reuters) Posted: 26 Feb 2012 08:50 AM PST Reuters - The Bundesbank profit turned over to the federal government will be considerably smaller this year than in 2011 due to the risk provisions linked to the euro zone crisis, central bank president Jens Weidmann was quoted telling Der Spiegel.

Flagstar pays $133M to settle mortgage fraud (AP) Posted: 25 Feb 2012 10:16 AM PST AP - Flagstar Bancorp Inc. has agreed to pay $133 million to settle claims its mortgage unit engaged in fraudulent lending practices.

Auto town on the mend, but bailout still divides (AP) Posted: 26 Feb 2012 09:13 AM PST AP - Back in this town's darkest days, Jeff Shrock, a third-generation autoworker, would cruise down the streets where he grew up, past the foreclosed homes and four giant Chrysler factories, knowing their future — and his job — were in jeopardy. He sometimes imagined the worst.

Report: BP ready for lengthy oil spill trial (AP) Posted: 26 Feb 2012 08:58 AM PST AP - BP chief executive Bob Dudley said the company is able to fight a lengthy court battle over the 2010 oil spill in the Gulf of Mexico.

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