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By Matthew Leising, Bloomberg |
April 23, 2013
CME Group Inc., the world’s largest futures exchange, mistakenly disclosed energy and agricultural swap trade details to market participants, the company said.
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By Abigail Moses |
April 22, 2013
Investors are reviving credit derivatives trades they used to boost returns before the financial crisis.
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By Laura Marcinek and Donal Griffin, Bloomberg |
April 19, 2013
Bank of America Corp. and JPMorgan Chase & Co. led the six largest U.S. banks in boosting combined first-quarter profit 45%. Investors dumped the stocks.
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By Silla Brush |
April 19, 2013
The $639 trillion global swaps market is starting to fragment because regulators are failing to agree on the cross-border rules.
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By Hugh Son, Bloomberg |
April 17, 2013
Bank of America Corp. reported first-quarter profit that missed analysts’ estimates as lower mortgage banking income and higher legal costs slowed the firm’s turnaround. The shares dropped 3% in early trading.
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By Simon Kennedy and Steve Matthews |
April 16, 2013
The slump in gold may hand activist central bankers more reasons to pursue continued easy monetary policy.
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By Donal Griffin, Bloomberg |
April 15, 2013
Citigroup Inc., the third-biggest U.S. bank, rose in New York trading after first-quarter profit and revenue from fixed-income trading and investment banking exceeded analysts’ estimates.
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By Bloomberg News |
April 15, 2013
China’s economic growth unexpectedly lost momentum in the first quarter as gains in factory output and consumption weakened, driving stocks and commodities lower on concern global expansion will slow.
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By Lu Wang and Tony C. Dreibus, Bloomberg |
April 12, 2013
Metals and energy sank, sending a gauge of commodities to an eight-month low and extending a slump that Citigroup Inc. said may mark the “death bell” for the four-year rally in materials.
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By Dawn Kopecki, Bloomberg |
April 12, 2013
JPMorgan Chase & Co.’s first- quarter profit rose 33 percent to a record on expense reductions and an improvement in consumer credit quality that allowed the bank to boost earnings by reducing loan-loss reserves.
