| Volcker: Choice is prop trading or bank charter (Reuters) President Barack Obama's economic adviser, Paul Volcker, said his proposed banking rules would force Goldman Sachs and other banks to give up their bank charters if they want to continue proprietary trading. us.rd.yahoo.com |
Bernanke 'willing to accept more oversight' (at FT.com) Ben Bernanke, chairman of the US Federal Reserve, has signalled he is willing to accept more oversight of the Fed if the central bank retains its role in supervising banks, according to two people present at separate congressional meetings. us.rd.yahoo.com |
Citi to Sell Private Equity Unit (Zacks) The company aims to de-leverage Citi Holdings through a number of steps that include joint ventures, divestitures, and asset runoffs. us.rd.yahoo.com |
Stream Unveils Technology Strategy Designed to Maximize Operational Efficiency and Increase Customer Lifetime Value (Business Wire) BOSTON----Stream Global Services, Inc. , a premium, global business process outsource service provider specializing in customer relationship management services for Fortune 1000 companies, today announced xStream Interactions, its comprehensive technology strategy and platform, designed specifically to improve operational efficiencies and drive long-term customer value for its clients. us.rd.yahoo.com |
Cott prices public offering to fund Cliffstar deal (AP) Canadian soft drink maker Cott Corp. has priced a public offering at a net value of $62.4 million, which the company will use toward its $500 million buyout of private-label juice maker Cliffstar Corp. us.rd.yahoo.com |