Monday, 12 August 2013

U.S. Said to Plan to Arrest Pair in Big Bank Loss

Wall Street Job Report Newsletter
August 12, 2013                   
08-12-2013 12:30:15 PM

Government authorities are planning to arrest two former JPMorgan Chase employees suspected of masking the size of a multibillion-dollar trading loss, a dramatic turn in a case that tarnished the reputation of the nation's biggest bank and spotlighted the perils of Wall (...)Read the rest of this entry »...»

08-12-2013 12:42:00 PM

Stocks fell on Friday and posted their biggest weekly decline since June as investors focused on when the Federal Reserve would begin to scale back its stimulus. All but one of the 10 S&P 500 sector indexes ended lower. The stock of J.C. (...)Read the rest of this entry »...»

08-12-2013 12:38:00 PM

Britain's largely state-owned Royal Bank of Scotland (RBS.L) is unlikely to be reprivatized before 2018, Business Secretary Vince Cable said in an interview published on The Telegraph newspaper website on Saturday. "I don't think it would be sensible for the government to set a (...)Read the rest of this entry »...»

08-12-2013 12:24:45 PM

Trades by the so-called London Whale have already cost JPMorgan Chase over $6 billion in losses. They could also result in a precedent that will make the transactions live on in the annals of notoriety, if theSecurities and Exchange Commission can extract an (...)Read the rest of this entry »...»

 

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08-12-2013 13:57:21 PM

Court documents filed Thursday in the prosecution of former Bernie Madoff secretary Annette Bongiorno describe a love-triangle between Bernie Madoff and at least one of his employees. "One of the defendants was in a love triangle with Bernard Madoff himself," the (...)Read the rest of this entry »...»

08-12-2013 14:06:59 PM

Try and make sense of this: The banking industry earned a record $40 billion in the first three months of 2012, meanwhile banks are cutting thousands of jobs. JPMorgan Chase JPM -0.79%, Wells Fargo WFC -0.07% and Bank of America BAC -0.14% each announced job cuts this week. BofA said it (...)Read the rest of this entry »...»

08-12-2013 14:04:15 PM

Most big financial firms will have to set a target for the number of women on their board of directors from 2014. The rules are part of a binding European Union Directive. As well as setting a target, big banks, (...)Read the rest of this entry »...»

08-12-2013 13:58:17 PM

Deciding when and why to leave your current job and look for a new one is not a scientific process; rather, it's based on feel and intuition. However, there are some very poignant signs to look out for that can (...)Read the rest of this entry »...»

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Now Trending at the Executive Gateway
08-12-2013 15:13:30 PM

Weiner sinks to record low in new Siena poll - only 11% of voters 'still have a favorable view of America's most infamous tweeter" Weiner has hit new low....»

08-12-2013 14:54:16 PM

Tenn. judge changes infant's name from 'Messiah' to Martin because 'only Jesus Christ earned the name' A judge in Tennessee changed a 7-month-old boy's name to Martin from Messiah, saying the religious name was earned by one person and "that one person is Jesus Christ." Child Support Magistrate Lu Ann Ballew ordered the name change last week, according to WBIR-TV....»

08-12-2013 14:52:36 PM

Two guys who racked up nearly $350,000 in unpaid parking tickets between them have made the Top 10......»

J.C. Penney drama takes center stage 

08-12-2013 14:42:10 PM

J.C. Penney drama takes center stage With J.C. Penney's shares down almost 35% so far this year, activist investor Bill Ackman is pushing for the board to elect a new CEO as soon as possible....»

The Federal Reserve After Ben Bernanke 

08-12-2013 14:40:34 PM

The Federal Reserve After Ben Bernanke   Ben S. Bernanke's strong policies averted a second major depression. Should he vacate his post as Federal Reserve chairman next year, those policies will leave challenges for his successor....»

Why Emerging Markets Stocks Are Having A Bad Year | The Short Answer 

08-12-2013 14:37:32 PM

Why Emerging Markets Stocks Are Having A Bad Year | The Short An China, India and Brazil are disappointing investors. Manufacturing and export growth have slowed in all three countries....»

Five Things Medical Marijuana Won't Tell You | Medical Marijana 

08-12-2013 14:36:16 PM

Five Things Medical Marijuana Won't Tell You | Medical Marijana   Americans may be able to legally smoke marijuana for their health in nearly half the country, but that doesn't mean they're safe from the long arm of the federal law...»

08-12-2013 14:33:35 PM

The $35,000 hammock Relaxing in high style for a high price The pitch: Ah, the backyard hammock, the perfect place to enjoy an afternoon siesta on a summer day. But if you want to take your relaxation to a whole other level, luxury specialist Hammacher Schlemmer says it has just the thing, provided you can afford the $35,000 price tag. It's the Petiole Hammock, and it's far from your simple snooze sling....»

The Top Ten Stocks for Monday, August 12 

08-12-2013 14:33:00 PM

The Top Ten Stocks for Monday, August 12 Bloomberg's Betty Liu, Olivia Sterns and Alix Steel report on today's ten most important stocks including J.C. Penney, Facebook and BlackBerry. They speak on Bloomberg Television's "In The Loop."...»

Rappers love Jewish lawyers 

08-12-2013 14:31:33 PM

Supercut: Rappers Shouting Out Their Jewish Lawyers Hip hop's status symbols are widely known: the cars, the jewelry, the Jews. No, rappers don't own Jews, but they usually keep one or two on retainer for contracts and other legal services. And that's where this supercut of rappers shouting out Jewish lawyers comes in....»

08-12-2013 14:29:11 PM

Street Style: The Saks Fifth Avenue Buyer Melodie Jeng, the photographer behind the blog The NYC Streets, snaps men's street-style pics for The Daily Details blog. Check back every day to see new looks and vote in our weekly Like the Look? readers' poll. Today's look was spotted on James Newell, a womenswear buyer at Saks Fifth Avenue on his way to the gym. Jacket: Phillip LimShirt: Jil SanderPants: Jil SanderShoes: Margiela..»

08-12-2013 14:27:34 PM

A press release published today on the State Department website revealed that the Directorate of....»

 
08-12-2013 14:26:20 PM

A look at the Ferrari 458 Italia Saying a Ferrari is special is like saying that chocolate is "nice" or that Germans are "efficient."...»

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