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By Takahiko Hyuga, Bloomberg |
January 31, 2013
Nomura Holdings Inc., Japan’s biggest brokerage, said it expects its investment banking operations to recover this year as the country’s stock rally prompts companies to tap capital markets.
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By Phil Flynn |
January 28, 2013
While WTI and heating oil look toppy, RBOB on the other-hand looks poised to drive higher. RBOB looks to target more than $3.00 a gallon basis the March future.
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By Robert McCurtain |
January 28, 2013
Seminal financial events have made and lost fortunes throughout history. Current conditions suggest such an event may be on the horizon.
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By Roger Runningen and Joshua Gallu, Bloomberg |
January 24, 2013
Mary Jo White, who gained prominence prosecuting terrorists as U.S. attorney for Manhattan, will be named by President Barack Obama to be chairman of the Securities and Exchange Commission, according to a White House statement.
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By Annette Weisbach |
January 22, 2013
Germany’s biggest bank was asked by the nation’s financial regulator to simulate a split of its consumer banking and trading businesses.
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By Howard Mustoe and Ambereen Choudhury |
January 20, 2013
The U.K.’s financial industry will lose 43,000 jobs in six months, according to a forecast from the Confederation of British Industry.
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By Joshua Gallu and Hans Nichols, Bloomberg |
January 18, 2013
Mary Jo White, the former U.S. attorney in Manhattan, is under consideration to become the next chairman of the Securities and Exchange Commission.
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By Alex Kowalski, Bloomberg |
January 17, 2013
The number of Americans filing first-time claims for unemployment insurance payments fell more than forecast last week to the lowest level in five years, pointing to further improvement in the labor market.
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By Dawn Kopecki, Hugh Son and Zachary Tracer, Bloomberg |
January 16, 2013
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon had his pay cut in half after a review of losses at the bank’s chief investment office found he bears responsibility for the blunders.
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By Eleni Himaras, Bloomberg |
January 14, 2013
Investment banks are cutting jobs in equities faster than any other division as revenue recovers at a slower pace than the rest of their businesses and more trading is automated.
