Energy shares lead Wall Street to worst day since early October
NEW YORK (Reuters) – The S&P 500 had its worst day in almost three months on Monday, with energy shares leading the decline as global economic concerns were compounded by swooning oil prices.
Morgan Stanley says wealth management employee stole client data
(Reuters) – Morgan Stanley said on Monday it had fired a financial adviser who allegedly stole account information from about 350,000 of its wealth management clients and posted some of it online.
Oil extends crash into new year as glut fears deepen
NEW YORK (Reuters) – The selloff in global oil markets showed little signs of slowing in the new year, with prices down as much as 6 percent on Monday, the lowest since spring 2009, as fears deepened a supply glut that has vexed the market for six mont…
Energy shares lead Wall Street to worst day since early October
NEW YORK (Reuters) – The S&P 500 had its worst day in almost three months on Monday, with energy shares leading the decline as global economic concerns were compounded by swooning oil prices.
JPMorgan settles currency manipulation lawsuit in U.S.
NEW YORK (Reuters) – JPMorgan Chase & Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion-a-day foreign exchange market.
Hedge fund firm Tudor Investment closes oldest fund: source
NEW YORK (Reuters) – Paul Tudor Jones, the founder and chief investment officer of the roughly $13 billion hedge fund firm Tudor Investment Corp, has closed his firm’s oldest fund, a source familiar with the matter said on Monday.
BMW retakes U.S. luxury auto sales crown from Mercedes-Benz
DETROIT (Reuters) – BMW on Monday regained bragging rights as the top-selling luxury brand in the United States, ending the one-year reign of German rival Mercedes.
U.S. auto sales end 2014 strong but slower growth looms
DETROIT (Reuters) – Automakers reported strong December U.S. sales on Monday, boosted by falling gasoline prices, but industry executives and analysts cautioned that growth would slow in 2015 after five years of rapid recovery from the recession.
FBI is examining Morgan Stanley client data breach: source
NEW YORK (Reuters) – The U.S. Federal Bureau of Investigation is looking into what Morgan Stanley said was the theft of wealth-management client data by a former employee, a person familiar with the matter said on Monday.
Breaking up JPMorgan could lift its stock price, Goldman analyst says
(Reuters) – New capital rules that penalize big banks could add pressure to JPMorgan Chase & Co to break itself up to boost its stock price, a prominent stock analyst from Goldman Sachs Group Inc wrote on Monday.
