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By Alanna Byrne |
August 2, 2012
A costly computer glitch has left Knight Capital Group with a $440 million pre-tax loss, the firm announced Thursday, severely impacting its capital base and sending shares into a tailspin.
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By John L. Caiazzo |
July 15, 2012
Friday the 13th offered some respite to investors who have been beaten down by a weak employment situation and suspect economic reports.
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By Stanley Haar |
June 21, 2012
The Golden Rule of government, “Whoever has the gold makes the rules,” was on full display in Washington over the past week as JP Morgan’s Jamie Dimon appeared at hearings
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By Matt Taibbi, Rolling Stone |
June 19, 2012
If not for Oregon’s Jeff Merkley, who was the only senator who understood the importance of taking the right tone with Dimon, the hearing would have been a total fiasco.
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By Press Release |
June 14, 2012
Fitch Ratings says centralized derivatives clearing will raise transaction costs and collateral requirements significantly for traders and hedgers.
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By Dave Lindorff |
May 16, 2012
Suddenly, it seems quite possible that Greece will exit the euro. What’s a U.S. company with factories, suppliers or major markets in Europe to do?
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By John L. Caiazzo |
May 13, 2012
China’s influence was readily apparent this past week as signs of their economic slowdown weighed heavily on markets.
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By Canaccord Genuity Morning Coffee |
May 10, 2012
According to Credit Suisse, Moody's ratings review remains an overhang on the U.S. banking sector and could be an important catalyst for the bank stocks over coming weeks
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By Jeff Greenblatt |
March 18, 2012
With economists and financial analysts predicting a hard landing for China, it could be good news: It means a new bull may soon be among us.
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By Canaccord Genuity Morning Coffee |
March 14, 2012
JP Morgan Chase was the first U.S. bank to pass its stress test, allowing it to go ahead with a dividend increase and stock repurchase program.
