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By Carter Dougherty, Bloomberg |
May 23, 2013
U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis.
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By Howard Mustoe |
May 22, 2013
Three U.K. business lobby groups told the European Union its proposed financial transaction tax will harm the economic recovery.
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By Press Release |
May 22, 2013
The SEC charged the City of South Miami, Fla., with defrauding bond investors about the tax-exempt status of certain bonds.
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By Justin Pugsley |
May 22, 2013
A financial crisis is almost certainly in the cards for Japan, and it is just a question of timing. Unfortunately, the government may have fast forwarded that date.
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By Renee Dudley, Bloomberg |
May 16, 2013
Wal-Mart Stores Inc., the world’s largest retailer, forecast second-quarter profit that was less than analysts estimated as consumers struggle amid the slow U.S. economy and higher taxes.
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By Dave Michaels |
May 13, 2013
NYSE Euronext sought to mute opposition to its quest for regulatory curbs on dark-pool trading by offering to lower its fees.
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By Christine Harper and Alexis Leondis, Bloomberg |
May 9, 2013
Bill Rubin, a senior investment analyst at BlackRock Inc. who picks financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase & Co. right after the bank disclosed a trading loss that ultimately cost more than $6.2 billion.
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By Lisa Abramowicz, Miles Weiss and Christine Harper |
May 8, 2013
Hedge funds using debt-trading strategies are expanding at a record pace as they profit from risks big banks are no longer taking.
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By Neal Armstrong and John Detrixhe, Bloomberg |
May 8, 2013
New Zealand’s dollar fell to a five-week low vs. its U.S. counterpart after Reserve Bank Governor Graeme Wheeler said the central bank has sold the currency and may do so again to boost exports.
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By James Hertling, Bloomberg |
May 6, 2013
French Finance Minister Pierre Moscovici declared the era of austerity over after his German counterpart offered flexibility on deficit cutting amid renewed bickering between Europe’s two biggest economies.
