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  • DealBook: Financial Firms Said to Be Seeking Bloomberg Alternative


    Authority Authority:
    Nine Wall Street firms have been actively involved in creating an alternative to one of Bloomberg L.P.’s most widely used programs, its chat messaging network, people briefed on the effort said.        
    3 days ago
  • Goldman Sachs seeks to offload remaining stake in China’s ICBC


    Authority Authority:
    Nathan Andrada – Fourth Estate Cooperative Contributor New York, NY, United States (4E) – Goldman Sachs Group Inc. is planning to sell its $ 1.1bn stake in Industrial & Commercial Bank of China (ICBC) Ltd. seeking to end its seven-year investment in the world’s biggest lender by market value, according to a ...
    3 days ago
  • U.S. Senators urge swaps watchdog to rein in oil majors


    Authority Authority:
    WASHINGTON, May 20 (Reuters) - Large energy companies lookset to slip through the maze of new rules for derivativestrading, a group of U.S. senators said, urging regulators totighten oversight to cover all the market.
    3 days ago
  • Homeowners Get Arrested To Show Why Bankers Should Be Instead


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    Police in Washington made numerous arrests today in connection with the ongoing mortgage foreclosure crisis, in which millions of homeowners lost billions of dollars due to the fraudulent actions of bank executives. But the arrests were not of the criminals who caused the crisis; the people led away in handcuffs ...
    3 days ago
  • Dell Financial Services coupon


    Authority Authority:
    Save 20% on any in stock item with this Dell Financial Services coupon. Use the Dell Financial Services coupon to save even more on the already deeply discounted prices.
    3 days ago
  • The Day Ahead – May 21st, 2013


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    Click on the Full-Screen icon at the bottom right hand corner. The Day Ahead – May 21st 2013
    3 days ago
  • Financial Firms Said to Be Seeking Bloomberg Alternative


    Authority Authority:
    Nine Wall Street firms have been actively involved in creating an alternative to one of Bloomberg L.P.’s most widely used programs, its chat messaging network, people briefed on the effort said.
    3 days ago
  • UPDATE 1-EU draft bank rescue law would not shield big deposits


    Authority Authority:
    STRASBOURG, France, May 20 (Reuters) - A draft law that agroup of European Union lawmakers voted for on Monday wouldshield small depositors from losing their savings in future bankrescues, but customers with more than 100,000 euros in savingswhen a bank failed could suffer losses.
    3 days ago
  • UPDATE 1-Trade group SIFMA names ex-U.S. Sen. Gregg as CEO


    Authority Authority:
    NEW YORK, May 20 (Reuters) - SIFMA, the U.S. securitiesindustrys largest trade group, named former U.S. Senator JuddGregg as chief executive officer, in a move that may signal adesire to mend fences with ordinary Americans and U.S. Congress.
    3 days ago
  • UPDATE 1-Connecticut rails delayed, crowded after collision


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    WESTPORT, Conn., May 20 (Reuters) - Connecticut commutersendured sluggish train rides, or avoided the hassle on Monday,as Metro-North workers repaired the busiest U.S. rail line aftera two-train collision on Friday injured more than 70 people.
    3 days ago
  • Bank Stocks Do It Again: Financial Winners


    Authority Authority:
    NEW YORK (TheStreet) -- Capital One was the winner among the nations largest banks on Monday, with shares rising 2% to close at $61.81. The broad indices all ended with slight declines, but bank stocks continued their amazing run, with the KBW Bank Index rising 0.5% to close at 61.43. The KBW index is up 20% this ...
    3 days ago
  • 10 Monday PM Reads


    The Big PictureAuthority Authority: 673
    My afternoon train reading: • Boom or Bubble? ( The New Yorker ) but see Is This the Best Time for Investors? Don’t Bet On It. ( WSJ ) • How Benjamin Graham Revolutionized Shareholder Activism ( Echoes ) • Dear NYSE: Canceling Trades Destroys The Integrity of The Market ( Kid Dynamite’s World ) • ...
    3 days ago
  • FOREX-U.S. dollar retreats broadly on caution before Bernanke


    Authority Authority:
    * BOJ meeting, Bernankes congressional testimony in focus
    3 days ago
  • SunGard Introduces New Consolidated Protegent Compliance Platform


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    SunGard , one of the world’s leading ERP software and technology services companies, has developed the Protegent Compliance Platform, a new consolidated technology platform to help financial firms achieve competitive advantages by streamlining their regulatory compliance management. A common platform can help ...
    3 days ago
  • More Bad News for Microfinance


    Organizations and MarketsAuthority Authority: 127
    | Peter Klein | Microfinance and microenterprise have been touted as a new model for economic development, a way to encourage investment, innovation, and business creation and raise living standards without having to go through large-scale industrialization. We’ve tended to be skeptical , however, particularly ...
    3 days ago
  • UPDATE 1-Citi names new heads of mortgages, private bank, Citi Holdings


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    NEW YORK, May 20 (Reuters) - Citigroup Inc ChiefExecutive Michael Corbat named Jane Fraser as the new head ofthe banks mortgage business on Monday ,as current CitiMortgageCEO Sanjiv Das plans to leave the bank to pursue otheropportunities, according to an internal memo.
    3 days ago
  • U.S. “Suburban Poor” Increasing Rapidly [STUDY]


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    The number of poor people living in suburban areas in the United Stated is increasing rapidly compared with the population of impoverished people living in the cities, according to a recent study released by Brookings Institution. Researchers found that the number of people living in the suburban areas in the ...
    3 days ago
  • Corporate Profit Margins to Increase Through 2014, Says Morgan Stanley


    Authority Authority:
    NEW YORK (TheStreet) -- U.S. corporations will generate increased profitability on average during each quarter through 2014, Morgan Stanley said in a report published Monday. Gross margins for the top 1,500 equities are at 29%, and are forecast to reach an average of 34.6% by the end of 2014, Morgan Stanley said in a ...
    3 days ago
  • Morgan Stanley: YouTube Will Generate $20 Billion In Revenue By 2020


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    Wall Street has a difficult time determining YouTube ’s exact financial status. That’s because YouTube’s parent company, Google isn’t required to report it. The multimedia and technology conglomerate currently puts YouTube under the umbrella of its display advertising business when it makes its quarterly ...
    3 days ago
  • A Simple Interpretation on Gold for Times of Monetary Madness


    Authority Authority:
    dailyreckoning.com.au / By Greg Canavan / May 20, 2013 Another day, another beating for the  precious metals . After  gold and silver  fell in New York trading on Friday, Asian futures markets have opened in a panic, with leveraged holders no doubt getting margin calls over the weekend. The result? Stump up ...
    3 days ago

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