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Ex-strategist can sue UBS as whistleblower: U.S. judge
ReutersNEW YORK (Reuters) - UBS AG lost a bid Tuesday to dismiss a whistle-blower lawsuit by a former commercial mortgage-backed securities strategist who said he was fired for refusing to publish misleading research reports. U.S. District Judge Jesse Furman in...Tags: Crime, Law and Justice, Securities, Justice System, U.S. Securities and Exchange Commission, Trials
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WRAPUP 5-Bernanke says more progress needed before stimulus pullback
Reuters* Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON,...Tags: Inflation and Deflation, Federal Reserve, Labor Markets, U.S. Congress, S&P 500
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Bernanke says more progress needed before stimulus pullback
ReutersWASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas pedal, Fed Chairman Ben Bernanke said on Wednesday. A decision to...Tags: Consumer Confidence, Inflation and Deflation, Federal Reserve, Economy, Business and Finance, European Debt Crisis
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Wall St trastabilla en sesión volátil tras comentarios de la Fed
ReutersPor Angela Moon NUEVA YORK, 22 mayo (Reuters) - Las acciones cerraron en baja el miércoles en la bolsa de Nueva York y el Ãndice S&P 500 sufrió su mayor caÃda en tres semanas, tras minutas de la última reunión de la Reserva Federal que mostraron...Tags: Stock Market, S&P 500, Nasdaq Composite, Ben Bernanke, Hewlett-Packard Co.
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U.S. Justice Dept tells lawmakers no bank is too big to jail
ReutersBy Sarah N. Lynch WASHINGTON, May 22 (Reuters) - A Justice Department official insisted on Wednesday that no financial company is too big to jail, in the department's latest effort to backpedal from statements made in March by Attorney General Eric...Tags: Eric Holder, Republican Party, U.S. Senate, Prisons, Crime, Law and Justice
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Morgan Stanley fixed-income head deRegt retires
Reuters(Reuters) - Morgan Stanley's head of fixed income, Ken deRegt, is retiring from the firm, according to internal bank memos obtained by Reuters, after the company sustained a more than 40 percent decline in bond trading revenue in the first quarter. The...Tags: Bonds, Deutsche Bank AG, Economy, Business and Finance, JPMorgan Chase & Co., Morgan Stanley Dean Witter & Company
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Stockholm riots challenge image of happy, generous state
ReutersSTOCKHOLM (Reuters) - Hundreds of youth have torched cars and attacked police in four nights of riots in immigrant suburbs of Sweden's capital, shocking a country that dodged the worst of the financial crisis but failed to solve youth unemployment and...Tags: Sweden, Immigration, Crime, Law and Justice, Refugee, Economy, Business and Finance
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Fed's mixed messages roil markets
WASHINGTON — The Federal Reserve's unprecedented stimulus efforts are starting to box in the nation's central banker. Its bond purchases have helped fuel economic growth since the financial crisis. But Fed policymakers now must figure out how...
Tags: Stock Market, Federal Reserve, Economy, Business and Finance, Morgan Stanley Dean Witter & Company, Employment Opportunities
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PRECIOUS-Gold firms as Fed officials play down stimulus halt
ReutersSINGAPORE, May 22 (Reuters) - Gold edged higher on Wednesday, buoyed by a weaker dollar after Federal Reserve officials dampened expectations that the U.S. central bank may soon exit its bullion-friendly bond purchases. FUNDAMENTALS * Spot gold rose 0....Tags: Bonds, Money and Monetary Policy, Gold and Precious Material, Federal Reserve, Metal and Mineral
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CNH Tracker-Pilot quota system for moving yuan offshore gathers traction
ReutersBy Saikat Chatterjee HONG KONG, May 23 (Reuters) - A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in recent months and bankers expect more firms to seek...Tags: Ford Motor Co., Bonds, Money and Monetary Policy, Economy, Business and Finance, People's Bank
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GLOBAL MARKETS-Asian markets sell off on Bernanke remarks, China PMI
Reuters* JGBs dive, 10-year JGB yield hits highest since April 2012 * Dollar index hits highest level since July 2010 * Asian shares down after China HSBC flash PMI, credit spreads wider By Masayuki Kitano and Hideyuki Sano SINGAPORE, May 23 (Reuters) -...Tags: Bonds, Singapore, Federal Reserve, Germany, Economy, Business and Finance
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Bernanke's Q&A testimony to congressional panel
ReutersWASHINGTON (Reuters) - Below are highlights of the question and answer session of Federal Reserve Chairman Ben Bernanke's testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday. BERNANKE ON WHETHER HE WOULD SERVE A THIRD...Tags: Inflation and Deflation, Federal Reserve, Economy, Business and Finance, Employment Opportunities, Labor Markets
May 21, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 23, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Reuters
May 22, 2013
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May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
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