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BofA fires back at New York over modification violations
ReutersBy Karen Freifeld NEW YORK, May 10 (Reuters) - Bank of America Corp has fired back at New York Attorney General Eric Schneiderman after he threatened to sue the bank for violating the terms of a $25 billion settlement designed to end mortgage...Tags: Mortgages, Justice System, Litigation, Banking, Wells Fargo & Co.
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FERC grants JPMorgan power rehearing request
ReutersMay 10 (Reuters) - U.S. federal energy regulators on Friday granted a rehearing request for a unit of JPMorgan Chase & Co Inc on how the bank will comply with a six-month ban on physical power trading at market-based rates. The decision Friday follows...Tags: Marketing
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JPMorgan board members targeted by shareholder advisers
JPMorgan Chase, one of the nation's largest banks, survived the financial crisis better than most — only to have the $6 billion "London Whale" trading loss last year expose embarrassing flaws in its accounting and risk controls. Influential...
Tags: Shareholders, Politics, Corporate Officers, Business, White House
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Bank on Urban Market for fast, tasty food
Who eats: Men in pinstripe suits — literally — stride through the halls of Urban Market, a cafeteria that puts the cavern in cavernous. It's underneath Chase Tower, home to a chunk of JPMorgan Chase as well as Exelon Corp. Expect to bump trays...
Tags: Rick Bayless, Foods and Beverages, Lifestyle and Leisure, Salads, Tomatoes
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Peregrine Financial may have "viable" claims vs banks -trustee
ReutersSAN FRANCISCO, May 10 (Reuters) - Peregrine Financial Group's bankruptcy estate may have "viable" claims against JPMorgan Chase & Co and U.S. Bancorp for harm done to clients of the now-failed brokerage, and may pursue them in court, Peregrine's trustee...Tags: Justice System, Financially Distressed Companies, Prosecution, U.S. Bancorp, Laws
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QE and yen-inspired ructions in store, even if no currency war
ReutersBy Mike Dolan LONDON, May 10 (Reuters) - Most investors see the yen's latest lunge as a byproduct of the rich world's money printing gambit and not a deliberate escalation in a notional currency war, but it is raising concerns about possible new...Tags: Unrest, Conflicts and War, Politics, Money and Monetary Policy, Credit Ratings, International Organizations
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Peregrine trustee weighs claims against JPMorgan, U.S. Bank
ReutersThe trustee for failed Peregrine Financial Group says clients may pursue claims against JPMorgan Chase & Co. and U.S. Bancorp. In a filing this week, Ira Bodenstein said he wants the federal bankruptcy court in Chicago to put on hold a lawsuit by the...Tags: Justice System, Prosecution, U.S. Bancorp, Laws, Defendants
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Lew says Fannie Mae payment helps delay debt limit until Labor Day
WASHINGTON -- A nearly $60-billion dividend payment to the government by taxpayer-owned Fannie Mae will help push off the effective date on which the U.S. would hit its debt limit until at least Labor Day, Treasury Secretary Jacob J. Lew said Friday....
Tags: Politics, Jack Lew, U.S. Congress, Labor Day, Freddie Mac
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OGX exigiría aporte de 1.000 mln dlr de Eike Batista: analistas
ReutersPor Cesar Bianconi SAO PAULO (Reuters) - La petrolera OGX ejercería su opción contra el accionista mayoritario Eike Batista, exigiendo que el empresario inyecte 1.000 millones de dólares a la empresa, ante el deterioro de la caja de la compañía para...Tags: Deutsche Bank AG, Eike Batista, Bank of America Corp.
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US ABS market muddles through third straight mediocre week
ReutersBy Charles Williams May 10 (IFR) - The US ABS primary saw mediocre volume for the third straight week with just US$2.7bn pricing, including deals from two familiar auto names. Subprime lender Santander priced its third offering of 2013, the US$1.1+bn...Tags: Minor League Baseball, Banking, Citigroup Incorporated, AAA, Bonds
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FERC takes more time on JPMorgan power rehearing request
ReutersMay 9 (Reuters) - U.S. federal energy regulators on Thursday gave themselves more time to consider a request for a rehearing by a unit of JPMorgan Chase & Co Inc on how the bank will comply with a six-month ban on physical power trading at market-based...Tags: Computing and Information Technology Industry, Standards, Science and Technology, Prices
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BRIEF-California sues JPMorgan Chase over alleged debt collection fraud, abuse
ReutersMay 9 (Reuters) - JPMorgan Chase & Co : * California attorney general says sues JPMorgan Chase & Co over alleged fraudulent debt collecton practices * Attorney general kamala harris accuses bank of engaging in widespread, illegal robo-signing, among...Tags: Litigation, Trials
May 10, 2013
|Story| Reuters
May 10, 2013
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May 12, 2013
|Column| Chicago Tribune
May 13, 2013
|Story| Chicago Tribune
May 10, 2013
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May 10, 2013
|Story| Los Angeles Times
May 10, 2013
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May 9, 2013
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May 9, 2013
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