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INSIGHT-Dimon has big say over who serves on JPMorgan board
ReutersBy Nadia Damouni, David Henry and Ross Kerber May 16 (Reuters) - For years, JPMorgan Chase & Co Chairman and CEO Jamie Dimon and other executives have hand-picked new directors, in a practice that is now unusual for a major U.S. bank. The JPMorgan...Tags: Federal Reserve, Business Enterprises, Honeywell International Incorporated, Bank of New York Company, Citigroup Incorporated
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Springfield, Kirbyville men charged with K2 conspiracy
SPRINGFIELD, Mo. – Tammy Dickinson, United States Attorney for the Western District of Missouri, announced that a Springfield, Mo., man and a Kirbyville, Mo., man were charged in federal court today for their roles in a conspiracy to distribute...
Tags: Government Postal Delivery, China, Landforms, Synthetic Marijuana, Food and Drug Administration
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High-yield bond funds see lower demand after record rally
ReutersNEW YORK (Reuters) - Investors worldwide cut back on commitments to high-yield "junk" bond funds in the latest week, giving just $100 million to the funds globally after committing over $1 billion the prior week, according to Bank of America Merrill...Tags: Japan, Federal Reserve, Cambridge (Middlesex, Massachusetts), Bonds, Citigroup Incorporated
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Geneva bank teller accused of using account info to steal
Tribune reporterA former Geneva bank teller has been indicted in what prosecutors called a scheme to use bank customers’ account information to steal at least $245,000. Court documents show that federal charges were filed Thursday against Clarice Watkins. She...Tags: Justice System, Prosecution, Lawyers, Theft, Crime, Law and Justice
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REUTERS SUMMIT-Cyber attacks against US banks more severe than most realize
Reuters(For other news from Reuters Cybersecurity Summit, click on http://www.reuters.com/summit/Cyber13) By Joseph Menn WASHINGTON, May 17 (Reuters) - The series of cyber attacks that repeatedly knocked major U.S. banking websites offline in the past nine...Tags: Computer Crime, Citigroup Incorporated, AT&T Corp., Computer Networking and Internet, FBI
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Judge revives Dexia's mortgage lawsuit vs. JPMorgan
Reuters(Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt. Citing a recent federal appeals court decision...Tags: Justice System, Mortgages, American International Group, Crime, Law and Justice, Washington Mutual Inc.
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Bankers push for Italian SME-backed covered bonds
Reuters* SME-backed covered bonds would unlock lending * Commerzbank deal seen as pricing template * French proposals under way to develop market By Aimee Donnellan FRANKFURT, May 17 (IFR) - Italy needs to change its covered bond law so that the country's...Tags: Italy, Central Bank, France, Personal Service, Prices
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EU bonus cap could hit 10 times as many London bankers: PwC
ReutersLONDON (Reuters) - Tougher European Union curbs on bonuses will snare far more bankers than current pay limits, with banks having little time to prepare for the change, consultancy PwC said on Friday. The European Banking Authority has approved a draft...Tags: International Organizations, Politics, European Union
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UK pension funds take on leveraged loans in search for yield
ReutersBy Sarah Mortimer LONDON, May 17 (Reuters) - UK pension funds are dipping a toe into the specialist market for high yielding but risky bank loans in an effort to offset poor returns in their traditional investment portfolios. After years of slow...Tags: Axa SA, Pension and Welfare, Mutual Funds, Credit Ratings, Loans
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INVESTMENT FOCUS-Top four central banks may change the tune
ReutersBy Mike Dolan LONDON, May 17 (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top...Tags: Japan, Federal Reserve, Central Bank, Ben Bernanke, S&P 500
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Top four central banks may change the tune
ReutersLONDON (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top four central banks are...Tags: Japan, Federal Reserve, Central Bank, Ben Bernanke, Economic Policy
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Bankers see M&A recovery after deals drop 7 percent so far in 2013
ReutersLONDON (Reuters) - A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks and bonds helps compensate for a prolonged euro-zone recession. The...Tags: Economy, Business and Finance, Thomson Corporation, Central Bank, Dow Jones Industrial Average, S&P 500
May 15, 2013
|Story| Reuters
May 17, 2013
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May 17, 2013
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May 17, 2013
|Story| Chicago Tribune
May 17, 2013
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