| Obama says bonuses are part of free market (at FT.com) Barack Obama, US president, on Wednesday said he "did not begrudge" the multi-million dollar bonuses given out to Lloyd Blankfein of Goldman Sachs and Jamie Dimon of JPMorgan Chase and added that their large pay-outs were a consequence of America's "free market system". us.rd.yahoo.com |
Europe in danger of 'creditless recovery' (at FT.com) Europe's retail banks are likely to underperform given concerns that elevated sovereign spreads might persist and that returns could be hampered by regulation, says Huw van Steenis, head of banks and financials research at Morgan Stanley . us.rd.yahoo.com |
Bloomberg to launch derivatives valuation tool (at Financial Times) Bloomberg, the privately held news and information company, is making a further push into over-the-counter derivatives amid growing calls from regulators and lawmakers for increased transparency in the $615,000bn market. us.rd.yahoo.com |
NYSE chief stresses importance of Warsaw link (at Financial Times) The New York Stock Exchange believes the Warsaw Stock Exchange is the gateway for investors outside the region and that the current technology agreement between the two bourses is just the start of a strategic relationship that could ultimately involve NYSE taking a stake in its partner. us.rd.yahoo.com |
ConvergEx Cyclers to Ring The NASDAQ Stock Market Closing Bell in Celebration of the Pan-Massachusetts Challenge 31st Annual Ride (GlobeNewswire) ADVISORY -- What: us.rd.yahoo.com |