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High-yield bond funds see lower demand after record rally
ReutersNEW YORK (Reuters) - Investors worldwide cut back on commitments to high-yield "junk" bond funds in the latest week, giving just $100 million to the funds globally after committing over $1 billion the prior week, according to Bank of America Merrill...Tags: Money and Monetary Policy, Nikkei, Economy, Business and Finance, Stock Market, Finance
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Geneva bank teller accused of using account info to steal
Tribune reporterA former Geneva bank teller has been indicted in what prosecutors called a scheme to use bank customers’ account information to steal at least $245,000. Court documents show that federal charges were filed Thursday against Clarice Watkins. She...Tags: Lawyers, Prosecution, Theft, Crime, Law and Justice, Justice System
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REUTERS SUMMIT-Cyber attacks against US banks more severe than most realize
Reuters(For other news from Reuters Cybersecurity Summit, click on http://www.reuters.com/summit/Cyber13) By Joseph Menn WASHINGTON, May 17 (Reuters) - The series of cyber attacks that repeatedly knocked major U.S. banking websites offline in the past nine...Tags: Verizon Communications, Wells Fargo & Co., Financial and Business Services, Computer Crime, JPMorgan Chase & Co.
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Bankers push for Italian SME-backed covered bonds
Reuters* SME-backed covered bonds would unlock lending * Commerzbank deal seen as pricing template * French proposals under way to develop market By Aimee Donnellan FRANKFURT, May 17 (IFR) - Italy needs to change its covered bond law so that the country's...Tags: Personal Service, Prices, Italy, BNP Paribas, France
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EU bonus cap could hit 10 times as many London bankers: PwC
ReutersLONDON (Reuters) - Tougher European Union curbs on bonuses will snare far more bankers than current pay limits, with banks having little time to prepare for the change, consultancy PwC said on Friday. The European Banking Authority has approved a draft...Tags: European Union, Politics, International Organizations
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UK pension funds take on leveraged loans in search for yield
ReutersBy Sarah Mortimer LONDON, May 17 (Reuters) - UK pension funds are dipping a toe into the specialist market for high yielding but risky bank loans in an effort to offset poor returns in their traditional investment portfolios. After years of slow...Tags: Axa SA, Economy, Business and Finance, United Kingdom, Finance, Insurance
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INVESTMENT FOCUS-Top four central banks may change the tune
ReutersBy Mike Dolan LONDON, May 17 (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top...Tags: Money and Monetary Policy, Nikkei, Economy, Business and Finance, Finance, International Organizations
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Top four central banks may change the tune
ReutersLONDON (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top four central banks are...Tags: Money and Monetary Policy, Nikkei, Economy, Business and Finance, Finance, International Organizations
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Wall Street bonuses, staff levels to rise in 2013 -consultant
ReutersNEW YORK, May 17 (Reuters) - Wall Street bonuses and staff levels are expected to rise this year as trading and dealmaking activity pick up, according to a closely watched report released on Friday by a compensation consulting firm. Johnson Associates...Tags: Dwayne Johnson
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WRAPUP 2-Fed hawks unite in call to retreat from mortgage stimulus
ReutersBy Kristen Hays and Francesca Landini HOUSTON/MILAN, May 16 (Reuters) - A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing recent improvement in the housing market....Tags: Securities, Lehman Brothers Holdings Inc., Economy, Business and Finance, Derivative Securities, Finance
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Peggy Stewart House for sale in Annapolis
Tucked away in the state's capital, adjacent to the Naval Academy, sits the Peggy Stewart House, a historic house that played an important role in the American Revolution and was home at different times to a signer of the Constitution and a signer of...
Tags: Human Interest, Arts and Culture, Annapolis, American Revolutionary War (1775-1783), United States Naval Academy
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China president takes charge of sweeping economic reform plans-sources
ReutersBy Kevin Yao BEIJING, May 17 (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local...Tags: Communist Party of China, Money and Monetary Policy, Xi Jinping, Economy, Business and Finance, Hu Jintao
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Chicago Tribune
May 17, 2013
|Story| Reuters
May 17, 2013
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May 17, 2013
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May 17, 2013
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May 17, 2013
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May 17, 2013
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May 17, 2013
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May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Baltimore Sun
May 16, 2013
|Story| Reuters
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