14 min ago
VTTI rolls out IPO
VTTI has launched its IPO of 17.5 million shares at $21 per share. The stock began trading Friday on the NYSE under the ticker symbol "VTTI."
4 hrs ago
The Washington Post
Bonds Show Strain as Best Rally Since ?97 Wilts: Credit Markets
Bond bears who retreated amid the biggest rally in the global fixed-income market since 1997 are starting to sense vindication.
Thu Jul 31, 2014
Record Rally Revived With Least Issuance Since 2001: Muni Credit
The rally in the $3.7 trillion municipal market is picking up momentum, extending an unprecedented streak of gains as issuance sputters to the slowest pace in 13 years.
Wed Jul 30, 2014
WRAPUP 6-U.S. economy back on track with strong second-quarter rebound
The U.S. economy rebounded sharply in the second quarter as consumers stepped up spending and businesses restocked, putting it on course to close out the year on solid footing.
Bank of America ordered to pay $1.27 billion for 'Hustle' fraud
U.S. District Judge Jed Rakoff in Manhattan ruled after a jury last October found the second-largest U.S. bank liable for the sale by Countrywide of defective loans to government-controlled mortgage companies Fannie Mae , which was adopted after the 1980s savings and loan scandal and the basis for Bank of America's liability.
On Wall Street
UBS Discloses More Than $600M of Claims Filed by PR Investors
UBS is facing more than $600 million in damage claims filed by Puerto Rico investors in closed-end bond funds, the bank said in its second quarter earnings report Tuesday.
CIT Group Expands And Lowers Cost Of Capital
CIT Group recently announced the purchase of OneWest, which doubles CIT's commercial bank to $28 billion in deposits and $67 billion in assets.
BofA Names Ex-Mitsubishi UFJ Tie-Up Chief Tokyo Branch Head
Bank of America Corp. named Miwa Ohmori, the former chief executive officer of Merrill Lynch & Co.'
Tue Jul 29, 2014
FOREX-Dollar gains on outlook for hawkish Fed, strong U.S. data
The U.S. dollar hit fresh eight-month highs against the euro on Tuesday and advanced against the yen and Swiss franc on expectations for positive U.S. economic data and a potentially more hawkish tone from the Federal Reserve.
UBS Wealth Americas 2nd-quarter net falls despite record revenue
UBS Wealth Management Americas, the smallest of the four biggest U.S. brokerage firms, said on Tuesday its second-quarter pretax operating profit fell 3 percent as clients withdrew money and expenses jumped.
DOJ demands more in BofA, Countrywide deal
Despite already offering $13 billion to end the government's mortgage securities probe, the Department of Justice is demanding billions of more from Bank of America for the dealings of Countrywide Financial Corp. and Merrill Lynch & Co.
Mon Jul 28, 2014
Rye's John Thain Once Again Too Big To Fail
Finance exec John Thain, whose sprawing estate in Rye spills into two neighboring towns , learned one very important lesson during the 2008 financial crisis: make sure you are Too Big to Fail .
Sun Jul 27, 2014
Former Goldman Options Trader Moonlights as Argentina Taxi King
After 23 years trading stock options at Goldman Sachs Group Inc., Merrill Lynch & Co.
Carl M. Cannon: European courts invent right to be forgotten
The Court of Justice, a Luxembourg-based tentacle of the European Union, decreed recently that human beings have a solemn right to make mistakes without being pestered about them for the rest of their lives.
Sat Jul 26, 2014
How Wealthy Executives Still Remain Untouched by the Great Recession...
On the same day as the four-year anniversary of the Dodd-Frank bill - signed into law to make U.S. banks more stable and better capitalized - it was announced that CIT Group had purchased OneWest Bank for $3.4 billion.
Thu Jul 24, 2014
Australia stocks slip as port strike looms, gold falls
Australian stocks traded lower in early Friday moves, with miners weighing on the broader market due to a drop in gold prices and a possible strike at the key iron-ore terminals at Port Hedland.
Ex-Merrill Lynch chief cleared in trial over Madoff fraud
Former Merrill Lynch brokerage chief John "Launny" Steffens and his investment firm Spring Mountain Capital were cleared by a jury in a trial over a customer's losses in Bernard Madoff 's $17.5bn fraud.
Tue Jul 22, 2014
Gold: If The Worst Is Over, What's Next?
A number of top bank economists have turned bullish on gold in the past few months.
UPDATE 1-CIT to buy OneWest Bank to boost middle-market lending business
U.S. small-business lender CIT Group Inc said it would buy regional lender OneWest Bank NA for $3.4 billion in cash and stock, its second deal in two months to boost its middle-market lending operations.
Mon Jul 21, 2014
Press release distribution, EDGAR filing, XBRL, regulatory filings
El dividendo es pagad... )--Le conseil d'administration de Schlumberger Limited a dA©clarA© aujourd'hui un dividende trimestriel de 0,40 USD par action ordinaire en circulation.