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By Dawn Kopecki, Bloomberg |
December 12, 2012
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the U.S. economy would thrive next year if lawmakers reach an agreement to avoid the so-called fiscal cliff of spending cuts and tax increases.
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By Greg Farrell and Howard Mustoe, Bloomberg |
December 10, 2012
HSBC Holdings Plc will pay at least $1.9 billion to settle U.S. probes of money laundering allegations involving Europe’s largest bank, a person familiar with the matter said
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By Austin Kiddle |
November 28, 2012
Gold prices and the EUR/USD got a boost on Nov. 23 as the market anticipated a Greek deal.
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By Julie Hirschfeld Davis |
November 7, 2012
American voters, seeing glimmers of a recovery, defied history last night and handed President Barack Obama a second chance despite a still-struggling economy.
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By Kasia Klimasinska, Bloomberg |
October 20, 2012
JPMorgan apologized for "inadvertent mistakes" by its energy-trading unit, seeking to keep operating a business that logged $2.2 billion in transaction revenue last year.
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By Dawn Kopecki, Robert Schmidt and Cheyenne Hopkins, Bloomberg |
September 6, 2012
JPMorgan Chase & Co.’s wrong-way bets on derivatives are the focus of an escalating probe by a U.S. Senate panel led by Carl Levin that has grilled executives from banks including Goldman Sachs Group Inc. and HSBC Holdings Plc.
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By Tiffany Kary and Greg Farrell, Bloomberg |
August 24, 2012
HSBC Holdings Plc, which is under investigation by U.S. regulators for laundering funds of sanctioned nations including Iran and Sudan, is in talks to settle the matter, two people with knowledge of the case said.
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By Dawn Kopecki, Bloomberg |
August 21, 2012
Wall Street, the global financial community reeling from public outrage, is proving incapable of finding a champion to replace Jamie Dimon.
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By Alan Bjerga, Bloomberg |
August 10, 2012
The grass in Melvin Korte’s 280 acres of pasture in northern Missouri is dead, burnt away in the worst drought in the Corn Belt in more than a half-century. Now he’s doing all he can to keep his herd of 63 cattle alive.
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By Michael McFarlin & Daniel P. Collins |
August 2, 2012
Yesterday’s hearings of the U.S. Senate’s Agriculture, Nutrition and Forestry Committee probing the MF Global and PFGBest scandals had less fireworks than past hearings but perhaps a more serious tone.