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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.
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By Mark Buchanan |
May 5, 2013
Millions of Europeans are about to become the subjects of a vast social experiment.
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By Michael McFarlin |
May 3, 2013
A wrap-up of hires and promotions from around the trading industry.
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By Michelle Jamrisko, Bloomberg |
May 3, 2013
Service industries in the U.S. expanded in April at the slowest pace in nine months, adding to signs that the world’s largest economy is cooling.
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By Angeline Benoit and Ben Sills |
April 26, 2013
Spanish Prime Minister Mariano Rajoy sought a two-year extension to meet European Union deficit rules, as he lowered his growth forecast and predicted little relief from a record 27% unemployment rate.
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By Steve Matthews and Jeff Kearns |
April 25, 2013
Debate among Federal Reserve policy makers is shifting away from the timing of a reduction in bond buying to the need to extend record stimulus as inflation cools and 11.7 million Americans remain jobless.
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By Cheyenne Hopkins |
April 24, 2013
More legislation is needed to rein in biggest U.S. banks because the Dodd-Frank Act has failed to guard taxpayers, the bill’s sponsors said.
