Investment Officers
Taiwan Welcoming Bigger Investment by Chinese Banks in Financial Sector
Taiwan will ease rules to allow Chinese banks to buy bigger stakes in local banks and permit more Chinese firms to invest in its financial industry, the island's financial regulator said on Monday, ...
U.S. Housing Recovery Widespread But Uneven
By one measure, the U.S. housing market turned a significant corner early this year: Prices are on the rise everywhere. For the first time since the bottom fell out of residential real estate ...SEC Approves But UBS Unhappy with Nasdaq Payback on Facebook IPO
U.S. regulators approved Nasdaq OMX Group's $62 million compensation plan for firms that lost money in Facebook Inc.'s glitch-ridden market debut, a victory for the exchange operator that also set ...SEC Approves Compensation for Facebook IPO Losers
U.S regulators on Monday approved a plan to compensate market makers who lost money in a botched Facebook Inc. public offering in May on the Nasdaq exchange. Nasdaq, a unit of Nasdaq OMX Group Inc., ...JPMorgan, MF Global Trustee Reach Agreement
JPMorgan Chase agreed to a deal that will return $546 million to former customers of trading firm MF Global Holdings Ltd., which collapsed in 2011 with $1.6 billion missing from its accounts. MF ...Freddie Sues 15 Banks Over LIBOR Rigging; Fannie May Be Next
Freddie Mac has sued 15 big international banks, including JPMorgan Chase, Bank of America and Citigroup, accusing them of rigging a key interest rate and causing huge losses for the ...Fed Holds Firm To Stimulus Plan
The Federal Reserve on Wednesday pressed forward with its aggressive efforts to stimulate the U.S. economy, saying it would take into account risks posed by its policies but also how much work still ...