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Barclays wins dismissal of U.S. shareholder lawsuit over Libor
Reuters* Shareholders fail to show were materially misled * Barclays was first bank to settle US, European probe By Jonathan Stempel May 13 (Reuters) - Barclays Plc, the first bank to settle with authorities over alleged manipulation of the Libor interest...Tags: Manhattan (New York City), Politics, Trials, Bank of America Corp., St. Louis
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U.S. banks push back on change in loan loss accounting
Reuters* U.S. banks pan accounting change to speed up loan reserves * Banks urge alignment of U.S. and international rules By Dena Aubin NEW YORK, May 13 (Reuters) - More than a dozen of the biggest U.S. banks have questioned a proposed accounting change...Tags: Citigroup Incorporated, Science and Technology, Banking, Bank of America Corp., Standards
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Two EM trades make for blockbuster day in US high-grade market
ReutersBy Shankar Ramakrishnan NEW YORK, May 13 (IFR) - Two emerging market trades transformed what looked like a relatively sedate day into a blockbuster Monday as they collectively raised USD14.25bn, or the bulk of the total USD16.325bn of high-grade paper...Tags: Bank of America Corp., Business Enterprises, Fifth Third Bancorp, Morgan Stanley Dean Witter & Company, Finance
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Argentina faces very different debt default if loses legal fight
Reuters* U.S. appeals court ruling expected in coming weeks * Argentina could take its case to the Supreme Court * Market is prepared for a technical default By Hilary Burke BUENOS AIRES, May 13 (Reuters) - When Argentina defaulted on its debt in 2002, the...Tags: Debt Market, Credit and Debt, Bank of America Corp., Crime, Law and Justice, Wage Contract Issues
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Bank on Urban Market for fast, tasty food
Who eats: Men in pinstripe suits — literally — stride through the halls of Urban Market, a cafeteria that puts the cavern in cavernous. It's underneath Chase Tower, home to a chunk of JPMorgan Chase as well as Exelon Corp. Expect to bump trays...
Tags: Foods and Beverages, Rick Bayless, Salads, Exelon Corp., Tomatoes
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Castleton acquires NY power plant from Dynegy
ReutersBy Jeanine Prezioso and Scott DiSavino NEW YORK, May 1 (Reuters) - Commodity trading merchant Castleton Commodities International LLC (CCI) said on Wednesday it had completed the purchase of a 1,210 megawatt (MW) natural gas and fuel oil-fired electric...Tags: Plant Openings, Upstream Oil and Gas Activities, Dynegy Incorporated, Andrew Cuomo, Energy Partners Limited
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JPMorgan reduces presence in California power market
ReutersBy Scott DiSavino May 10 (Reuters) - JPMorgan Chase & Co has sold the rights to market electricity from three power plants in Southern California to a regional power company, reducing the bank's presence in the state as it comes under regulatory...Tags: Electricity Production and Distribution, Edison International, Petroleum Industry, AES Corp.
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California accuses JPMorgan Chase of debt-collection abuses
NEW YORK -- California Atty. Gen. Kamala Harris has accused JPMorgan Chase & Co. of using fraudulent and unlawful debt-collection practices against some 100,000 credit card holders in the state. In a lawsuit filed Thursday, Harris' office claims the...
Tags: Kamala D. Harris, Trials, Credit and Debt, Labor Legislation, Laws
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UPDATE 1-JPMorgan reduces presence in California power market
ReutersBy Scott DiSavino May 10 (Reuters) - JPMorgan Chase & Co has sold the rights to market electricity from three power plants in California, reducing the bank's presence in a state where it is being probed for allegations of manipulating prices. Federal...Tags: Plant Openings, Edison International, Electricity Production and Distribution, Science and Technology, Nuclear Power
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BofA fires back at New York over modification violations
ReutersBy Karen Freifeld NEW YORK, May 10 (Reuters) - Bank of America Corp has fired back at New York Attorney General Eric Schneiderman after he threatened to sue the bank for violating the terms of a $25 billion settlement designed to end mortgage...Tags: Litigation, Trials, Citigroup Incorporated, Banking, Wells Fargo & Co.
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FERC grants JPMorgan power rehearing request
ReutersMay 10 (Reuters) - U.S. federal energy regulators on Friday granted a rehearing request for a unit of JPMorgan Chase & Co Inc on how the bank will comply with a six-month ban on physical power trading at market-based rates. The decision Friday follows...Tags: Marketing
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Dimon might leave JPMorgan if stripped of chairmanship -WSJ
ReutersMay 11 (Reuters) - JPMorgan Chase & Co Chairman and CEO Jamie Dimon said he may consider leaving the bank where he has held the top post since 2005, if shareholders vote to split his duties, the Wall Street Journal reported on Saturday. Shareholders will...Tags: Elections, Politics, Newspaper and Magazine, Tampa, Jamie Dimon
May 13, 2013
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May 13, 2013
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May 13, 2013
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May 13, 2013
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May 13, 2013
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May 1, 2013
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May 10, 2013
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May 9, 2013
|Story| Los Angeles Times
May 10, 2013
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May 10, 2013
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May 10, 2013
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May 11, 2013
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