NEW YORK (Reuters) - Bank of America <BAC.N> may extend its search for a new chief executive into next year if its board ...
NEW YORK (Reuters) - NYSE Euronext <NYX.N>, LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to ...
House Dems: government didn't force Bank of America to take over Merrill, GOP claims cover-up A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said much pressure was applied ...
WASHINGTON (Reuters) - Congress ought to clarify if a proposed super-regulator of the U.S. financial system should be an overlapping overseer of securities and futures exchanges, the chief futures regulator said on Tuesday. Chairman Gary Gensler of the Commodity Futures Trading Commission ...
ZURICH (Reuters) - UBS <UBSN.VX> <UBS.N> boss Oswald Gruebel set an ambitious target for annual pretax profit of $15 billion, vowing to rebuild the loss-making bank and win back clients after the subprime crisis and a bitter U.S. tax row. Chief executive ...
House panel examining Bank of America bailout, Merrill takeover; company officials testifying A House oversight panel is examining the $45 billion federal bailout of Bank of America Corp. and its shotgun acquisition of Merrill Lynch & Co. last year at the height ...
(Reuters) - Lehman Brothers Holdings Inc <LEHMQ.PK> has filed a lawsuit against Barclays Capital Inc alleging the British bank took control of excess assets in collusion with Lehman executives when it bought its U.S. brokerage business a year ago, court documents show. ...
WASHINGTON (Reuters) - Former Bank of America Corp <BAC.N> general counsel Timothy Mayopoulos was "stunned" to be fired as the bank was trying to wrap up its purchase of Merrill Lynch & Co, after being promised the same job at the combined ...
LONDON (Reuters) - J.P. Morgan <JPM.N> is close to buying out British stockbroker Cazenove in a deal likely to be worth almost 1 billion pounds ($1.7 billion) and trigger windfalls for dozens of London's top dealmakers. Talks are continuing between the two ...
US investment bank JP Morgan Chase wants full control of 190-year-old London stockbroker Cazenove by buying the 50-percent stake which it does not already own, the Financial Times reported on Monday. The paper, which cited people familiar with the matter, said JP ...
WASHINGTON (Reuters) - The top U.S. futures market regulator on Friday fined hedge fund EMF Financial Products LLC $4 million for making false statements about its market positions relating to U.S. treasury note futures. In addition to the fine, the Commodity Futures ...
NEW YORK (Reuters) - JPMorgan Chase & Co <JPM.N> Chief Executive Jamie Dimon called the idea that any bank is too big to fail "ethically bankrupt" and said regulators should have the power to wind down even the largest lenders. "If some ...
