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FACTBOX-U.S. Treasury acts to avoid hitting debt limit
ReutersMay 20 (Reuters) - U.S. Treasury Secretary Jack Lew on Monday said the Obama administration was suspending investments in the Civil Service Retirement and Disability Fund, a government employee pension fund, to help the nation keep paying its bills now...Tags: Bonds, Local Government, Civil and Public Service, Congressional Budget Office, G7
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SEC review of brokerages use of arbitration not seen in 2013
ReutersWASHINGTON (Reuters) - Wall Street brokerages' use of mandatory arbitration clauses merits a regulatory review, but the Securities and Exchange Commission will not have time to undertake one before 2014, an SEC commissioner said on Monday. The agency...Tags: Financial Markets, U.S. Securities and Exchange Commission, Elisse Walter, Economy, Business and Finance, Finance
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Recruiter Robert Walters says UK hiring set for recovery
Reuters(Reuters) - A stable job market in Britain bodes well for an upturn in permanent recruitment that would mirror a recovery already under way in Asia, the founder of Robert Walters Plc told Reuters. Robert Walters, the 58-year-old chief executive of the...Tags: Employment, London Stock Exchange, Asia, PricewaterhouseCoopers, KPMG
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Report: NY State puts kibosh on RelayRides car-sharing service
Autoblog.comFiled under: Etc., Government/Legal Three-year-old peer-to-peer car rental service Relay Rides has run into a rough ride in New York, accused by the state's Financial Services Department of "repeated false advertising and violations of insurance law." The... -
Fiduciary rule, long postponed, faces more delays, lobbying
ReutersNEW YORK (Reuters) - The long-running Washington debate over whether and how to beef up ethical standards for Wall Street brokers who give financial advice shows no sign of ending. Some industry lobbyists are even stepping up their lobbying on the so-...Tags: U.S. Department of Labor, Elisse Walter, Time (magazine), Ann Wagner, Bellaire
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Irvine financial institution donates up to $1M to charities
Four area nonprofits will receive support through Irvine-based financial institution First Foundation's Supporting Our Communities initiative, the company announced in a news release. The donations to the Orangewood Children's Foundation, Court...
Tags: Business Institutions
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U.S. Justice Dept tells lawmakers no bank is too big to jail
ReutersBy Sarah N. Lynch WASHINGTON, May 22 (Reuters) - A Justice Department official insisted on Wednesday that no financial company is too big to jail, in the department's latest effort to backpedal from statements made in March by Attorney General Eric...Tags: Arthur Andersen, Criminals, U.S. House of Representatives, Prosecution, Crime, Law and Justice
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AIG eyes new director with regulatory experience
Reuters(Reuters) - American International Group Inc's board is looking for a new director with regulatory experience, as the insurer readies for the government to classify it as big enough to merit greater scrutiny, according to two sources familiar with the...Tags: Business Institutions, Elections, American International Group, Finance, Economy, Business and Finance
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DBS-Danamon deal hinges on Singapore's invite to Indonesian banks
ReutersSINGAPORE/JAKARTA (Reuters) - Southeast Asia's largest bank merger now depends largely on cooperation between Singaporean authorities and Indonesian politicians. Indonesia's central bank gave Singapore's DBS Group Holdings Ltd its long-awaited approval...Tags: Central Bank, Indonesia, Financial Markets, Economy, Business and Finance, Finance
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Free webinars teach small businesses to prepare for hurricanes
Sun SentinelSmall business owners need to take care of their work property during hurricane season -- just like they protect their homes. To help small businesses plan and prepare, Florida Chief Financial Officer Jeff Atwater’s Department of Financial...Tags: Disasters and Accidents, Small Businesses, Natural Disasters, Agriculture, Consumers
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$1.3 billion in consumer relief so far for Marylanders from mortgage settlement
The Baltimore SunMarylanders received more than $1.3 billion in relief from the National Mortgage Settlement during a 12-month period, Attorney General Douglas F. Gansler announced Tuesday. That assistance went to nearly 17,000 mortgage borrowers between March 1, 2012...Tags: Services and Shopping, Foreclosures, Bank of America Corp., Crime, Law and Justice, Justice System
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Regulatory watchdog FINRA to oversee Direct Edge's surveillance
ReutersNEW YORK, May 22 (Reuters) - The Financial Industry Regulatory Authority said on Wednesday that U.S. exchange operator Direct Edge has agreed to allow the regulatory watchdog to look out for abusive trading activity on its two stock exchanges. FINRA will...Tags: Global Expansion, Stock Market, Financial Markets, Finance, Economy, Business and Finance
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 22, 2013
|Blog| Autoblog.com
May 23, 2013
|Story| Reuters
May 21, 2013
|Story| Daily Pilot
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| South Florida Sun-Sentinel
May 22, 2013
|Story| Baltimore Sun
May 22, 2013
|Story| Reuters
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