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Set 15-year limit on firms' accountants, investors urge UK watchdog
ReutersLONDON (Reuters) - Pension and investment firms urged the UK's competition watchdog on Thursday to force companies to change accountants regularly, saying it must maintain its focus on the matter to prevent long contracts leading to risky complacency....Tags: United Kingdom, Investments, Legal & General Group Plc, European Parliament, Accounting and Auditing
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ECB can expand its tools to fight crisis: board member
ReutersWASHINGTON (Reuters) - The European Central Bank could expand its policy toolkit if needed to battle deflation risks, a top ECB official said on Wednesday, adding that the central bank was also weighing measures to encourage more lending in the euro zone....Tags: Inflation and Deflation, Finance, Investments, Prices, Business Enterprises
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RHB may raise capital for Thai expansion
The Bangkok PostRHB Bank Bhd Thailand, the local unit of Malaysia's fourth-largest bank, may increase capital to support its aggressive expansion plan. RHB remains keen on asset acquisition in the Thai financial market as well. Country head Thiti Musuwan said the...Tags: Banking, Investments, Thailand, Finance, Economy, Business and Finance
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FACTBOX-Foreign banks in Russia
ReutersMay 22 (Reuters) - Foreign banks that once treated Russia as an undiscovered country where easy money could be made are now finding it a cut-throat market tougher than some bargained for. To follow is some background about foreign banks in Russia:...Tags: Italy, Moscow (Russia), Austria, Investments, Russia
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INSIGHT-No more easy pickings in Russia's banking market
Reuters* Domestic players Sberbank, VTB are hard to beat * Foreign banks have made mistakes in Russia's retail market * Russia remains under-banked compared to BRICs * Investment banks are here to stay By Megan Davies MOSCOW, May 22 (Reuters) - Foreign...Tags: Politics, Marketing, Austria, Moscow (Russia), Russia
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Lehman Brothers Holding raises $1.88 bln selling broker claims
ReutersMay 22 (Reuters) - Lehman Brothers Holding Inc, the former investment bank that is working to repay creditors, said on Wednesday it had raised $1.88 billion by selling claims it held against its former brokerage. The holding company said in a statement...Tags: Bankruptcy, Banking, Investments, Lehman Brothers Holdings Inc., Companies and Corporations
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Wall St. watchdog to review broker bonus disclosure plan in July
ReutersBy Suzanne Barlyn WASHINGTON, May 21 (Reuters) - Wall Street's watchdog will present a plan to its board in July that would require brokers to tell certain clients about compensation they receive when they switch firms, the regulator's chief said on...Tags: Computing and Information Technology Industry, Finance, Media Industry, Economy, Business and Finance, U.S. Securities and Exchange Commission
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Wall Street watchdog to review broker bonus disclosure plan in July
ReutersWASHINGTON (Reuters) - Wall Street's watchdog will present a plan to its board in July that would require brokers to tell certain clients about compensation they receive when they switch firms, the regulator's chief said on Tuesday. Richard Ketchum,...Tags: Computing and Information Technology Industry, Finance, Media Industry, Economy, Business and Finance, U.S. Securities and Exchange Commission
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Scandal or not, one SAC investor can't get enough of Steve Cohen
ReutersBOSTON/NEW YORK (Reuters) - As federal prosecutors circle Steven A. Cohen's $15 billion hedge fund in a long-running insider trading probe, one financial adviser in Texas is so devoted to the billionaire investor that he may give him more money. "I'm...Tags: Politics, Steven Cohen, Investments, Finance, Prosecution
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Broker-dealer LPL overhauling compliance practices after fines
Reuters* US brokerage firm hit with sales and marketing violations * Firm to phase out 1-person oversight of far-flung offices * Firm plans to hire many more compliance staffers By Jed Horowitz, Ashley Lau and Suzanne Barlyn NEW YORK, May 20 (Reuters) -...Tags: Punishment, Politics, Marketing, Finance, Fines
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Trade group SIFMA names ex-Senator Gregg as CEO
ReutersNEW YORK (Reuters) - SIFMA, the securities industry's largest trade group, named former Senator Judd Gregg as chief executive officer, in a move that may signal a desire to mend fences with ordinary Americans and Congress. The Securities Industry and...Tags: Financial and Business Services, Politics, Finance, JPMorgan Chase & Co., U.S. Cabinet
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MOVES-Citigroup, JP Morgan Private Bank, RBS, Barclays
ReutersMay 20 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email to moves@thomsonreuters.com. CITIGROUP INC The company named Jane Fraser as the new head of the bank's mortgage...Tags: Corporate Officers, Finance, JPMorgan Chase & Co., Companies and Corporations, Management Change
May 23, 2013
|Story| Reuters
May 22, 2013
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May 19, 2013
|Story| McClatchy-Tribune
May 21, 2013
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May 22, 2013
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May 22, 2013
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May 21, 2013
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May 21, 2013
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May 21, 2013
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May 20, 2013
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May 20, 2013
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May 20, 2013
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