Exclusive: SEC official dissented on BNP Paribas waiver
WASHINGTON (Reuters) – An official at the U.S. Securities and Exchange Commission broke ranks with other commissioners and voted against granting BNP Paribas a waiver to continue operating several investment advisory units in the United States.
Goldman says Google has blocked email with leaked client data
NEW YORK (Reuters) – Goldman Sachs Group Inc on Wednesday said Google Inc has blocked access to an email containing confidential client data that a contractor sent to a stranger’s Gmail account by mistake, an error that the bank said threatened a “need…
Argentina wants bond payment unfrozen if debt talks to go on
BUENOS AIRES (Reuters) – Argentina will press a U.S. judge to unfreeze a payment to holders of the country’s restructured debt as a condition for negotiating with a group of New York hedge funds suing for full repayment, a government official said on W…
Wall Steet ends flat ahead of payrolls; S&P at record
NEW YORK (Reuters) – U.S. stocks ended one of their flattest sessions in years on Wednesday as a positive read on private sector employment wasn’t enough to interest buyers ahead of the highly anticipated June payrolls report.
JPMorgan’s Dimon plans to use vacation for cancer treatment
NEW YORK (Reuters) – Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co, plans to be out of the office for at least half of his planned two-month course of radiation treatment and chemotherapy for throat cancer, a spokesman said on Wednesday.
Exclusive: SEC official dissented on BNP Paribas waiver
WASHINGTON (Reuters) – An official at the U.S. Securities and Exchange Commission broke ranks with other commissioners and voted against granting BNP Paribas a waiver to continue operating several investment advisory units in the United States.
Rosneft submits Morgan Stanley deal for U.S. security review: WSJ
(Reuters) – Russia’s Rosneft has submitted details of a deal to buy an oil trading unit of Morgan Stanley to a confidential U.S. committee that evaluates national security risks, the Wall Street Journal reported, citing a source familiar with the matte…
UBS chief currency strategist leaves bank: WSJ
(Reuters) – UBS AG’s chief currency strategist has left the Swiss bank as part of its efforts to cut costs and streamline operations, the Wall Street Journal reported on Wednesday, citing two people familiar with the matter.
Yellen drives wedge between monetary policy, financial bubbles
WASHINGTON (Reuters) – Monetary policy faces “significant limitations” as a tool to counter financial stability risks, Federal Reserve Chair Janet Yellen said on Wednesday, adding that heading off the U.S. housing bubble with higher interest rates woul…
Goldman says client data leaked, wants Google to delete email
NEW YORK (Reuters) – Goldman Sachs Group Inc said a contractor emailed confidential client data to a stranger’s Gmail account by mistake, and the bank has asked a U.S. judge to order Google Inc to delete the email to avert a “needless and massive” brea…