  | | | | | NEW YORK (Reuters) - Stocks rose on Friday after Federal Reserve Chairman Ben Bernanke, expressing "grave concern" for the stagnating U.S. job market, said the central bank was prepared to take further steps to strengthen the economy if necessary. | | |  | | | | | JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke on Friday left the door wide open to a further easing of monetary policy, saying the stagnation in the U.S. labor market was a "grave concern," but he stopped short of providing a clear signal of imminent action. | | | |  | | | | | NEW YORK (Reuters) - Several dozen Morgan Stanley Smith Barney advisers who manage tens of billions of dollars of client money are considering leaving the firm, saying that widespread technology problems have made it very difficult for them to do their jobs, according to people familiar with the matter. | | | |  | | | | | JACKSON HOLE, Wyoming (Reuters) - Nations fearing financial contagion from troubled neighbors can reduce the risk by strengthening their banks, top monetary policymakers were told on Friday, which some saw as an argument for tough action now to stem more harmful damage later. | | | |  | | | | | (Reuters) - Citigroup Inc has agreed to change some of its home equity lending practices and let borrowers whose credit lines were suspended or cut to challenge its actions or recover some fees. | | | |  | | | | | NEW YORK (Reuters) - Consumer sentiment hit a three-month high in August as households chipped away at outstanding debt, though Americans were pessimistic about the future, a survey showed on Friday. | | | | | | | NEW YORK (Reuters) - Three former UBS AG executives were convicted on Friday of conspiring to deceive U.S. cities and towns by operating a scheme to rig bids to invest municipal bond proceeds. | | | |  | | | | | (Reuters) - The Department of Justice is shifting its sights to a new offensive in combating money laundering: bringing criminal charges against banks and other financial institutions for weak compliance systems that fail to catch illicit money flows. | | |  | | | | | BERLIN/FRANKFURT (Reuters) - German central bank chief Jens Weidmann's reported threat to resign has piled pressure on European Central Bank President Mario Draghi to mollify opposition to a new bond-buying plan without tying it up in so many knots it is rendered ineffective. | | |  | | | | | BOSTON (Reuters) - Funds run by BlackRock Inc went along with management during high-profile proxy contests at JPMorgan Chase & Co and Citigroup Inc, new filings show, limiting gains by dissident shareholders during the noisy spring proxy season. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
No comments:
Post a Comment