| | | NEW YORK/WASHINGTON (Reuters) - In late September, JPMorgan Chief Executive Jamie Dimon walked into the office of U.S. Attorney General Eric Holder. | | | | | | WASHINGTON (Reuters) - New rules to simplify the paperwork consumers receive when they apply for loans will take effect in August 2015 as part of a U.S. effort to make it easier to shop for mortgages. | | | | | | | NEW YORK (Reuters) - The policy director of the largest U.S. labor federation says too little was done during the 2008 global financial crisis to right excesses in the nation's banking and mortgage lending practices, problems that Tuesday's $13 billion mea culpa by JPMorgan Chase & Co do not change. | | | | | NEW YORK (Reuters) - Investors in New York City's debt have had it good. Two decades of prudent fiscal management have pushed its bond prices higher, driven its borrowing costs lower, and the city's economy has flourished despite a fiscal crisis, the lingering aftermath of September 11, 2001 and, more recently, Superstorm Sandy. | | | | | | | NEW YORK (Reuters) - Regulators are unlikely to take action to address the way rating agencies are rewarded for their work, despite concerns that the current practice involves conflicts of interest that helped enable the financial crisis, an official of Occupy Wall Street said on Tuesday. | | | | | SAN FRANCISCO (Reuters) - Venture capitalist Tim Draper is stepping back from his investment role at Draper Fisher Jurvetson, the firm he founded in 1985. | | | | | | | (Reuters) - U.S. consumers who suffered through the mortgage crisis - and even those who experienced losses from Superstorm Sandy - could benefit from the record $13 billion settlement with JPMorgan Chase & Co. But they should not expect a windfall, consumer advocates say. | | | | | | | NEW YORK (Reuters) - Hedge fund manager Greg Lippmann, the former Deutsche Bank trader who rose to Wall Street fame after a hefty and lucrative bet against subprime mortgages before the housing market collapsed, said he is still a fan of residential and commercial mortgage bonds going into 2014 and also likes student loan debt. | | | | | | (Reuters) - A former trader was sentenced to 2 1/2 years in prison on Tuesday for an unauthorized purchase of about $1 billion in Apple Inc stock that eventually led to the demise of financial services firm Rochdale Securities. | | | | | | | NEW YORK (Reuters) - As recently as six months ago, Sandy Villere was pushing more of his $1.1 billion fund into U.S. stocks - a good call given the 26 percent gain in the S&P 500 so far this year. But as he looks ahead to 2014, he's starting to question whether it could be downhill from here. | | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | » MORE NEWSLETTERS | |
No comments:
Post a Comment