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New York City :: NY :: USA | 2 days ago

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A U.S. federal judge on Wednesday dismissed a shareholders' lawsuit claiming JPMorgan Chase & Co board members knew about Bernard Madoff's Ponzi scheme and ignored red flags signaling his massive fraud. The lawsuit filed in February alleged that

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Singapore :: Singapore | 2 days ago

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Morgan Chase & Co. has sharply pulled back from a popular mortgage-lending program this year, a course its chief executive, James Dimon, blamed on the Obama administration's zeal for litigation. At issue is the Federal Housing Administration, which

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Singapore :: Singapore | 4 days ago

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One Equity Partners, according to people familiar with the matter...Morgan is in advanced discussions with investment firms Lexington Partners LP, which is leading the acquisition, and Carlyle Group LP's AlpInvest Partners unit, to sell them half of

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Buenos Aires :: Argentina | 4 days ago

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District Judge said in a hearing Tuesday that he will decide at a later time whether holders of Argentina's restructured bonds governed by Argentine, Japanese and U.K. law can receive their interest payments. Argentina on June 26 deposited more than $

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St Louis :: MO :: USA | 4 days ago

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He expects that in the short term, investors can reap benefits from the explosive quarter; however, in the long term, Cramer does not see the current multiple as sustainable...Yesterday, several underwriters and analysts initiated coverage on the

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Singapore :: Singapore | 5 days ago

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The new team will continuously monitor trades across asset classes and electronic platforms, spot opportunities and identify threats to the bank's market share, the people said.

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Bač :: Serbia | 5 days ago

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have all reported growth in investment banking revenue for the second quarter, but Goldman clearly outperformed the others. What caused the tremendous growth for Goldman and will it continue? source: company JPMorgan and Bank of America did pretty

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Alexandria :: VA :: USA | 5 days ago

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will see a surge of earnings results this week, as nearly a dozen of its components will reveal what happened to them over the past quarter. But economic data will continue to flow in, and smart investors will keep an eye on the trends that they

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Porto :: Portugal | 7 days ago

Credibility Credibility of 5

A senior MP on the Treasury select committee has condemned the behaviour of some City bankers after The Independent revealed they had made tens of millions of euros of profit selling extremely complicated financial products known as swaps to public

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New York City :: NY :: USA | 8 days ago

Credibility Credibility of 5

organ Chase & Co said on Thursday that its board of directors allowed $36 million of options previously awarded to Chairman and Chief Executive Officer Jamie Dimon to vest. The options were part of Dimon's 2008 compensation package that became

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