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Showing results for $383,456.21 in U.S. Currency Seized from Wells Fargo
...Profits at rival Citibank were up 2 per cent to $3.5bn while at Wells Fargo they rose 60 per cent to $5.8bn. BlackRock, the world’s biggest asset manager, reported profits up 13 per cent to $1.6bn....
...But a lengthy cycle of loan losses and business failures remains a legitimate risk scenario (just look at the initial reaction to the results from Wells Fargo)....
...Just four banks, JPMorgan Chase, Bank of America, Wells Fargo and Citigroup, have much of the excess dollar bank reserves....
...Analysts at KBW, JMP Securities and Autonomous said their models also predicted Goldman would earn more from advisory than FICC in the last quarter, while Wells Fargo analyst Mike Mayo said advisory fees...
...The main outlier is Wells Fargo, which is forecasting Mexico’s GDP to shrink 1.1 per cent this year....
..., Wells Fargo, Goldman Sachs and Morgan Stanley would be hit with a levy of 3.5 basis points – or 0.035 per cent, according to Bloomberg News....
...(Financial Times) “PokerStars agreed to be acquired by Amaya Gaming in a $4.9 billion deal that could return the dominant poker website to the U.S. market it’s been absent from since run-ins with authorities...
...as a reserve currency and refuse to pay off any loans to U.S. banks....
...(WSJ) Wells Fargo strikes deal on bad mortgages: The largest US bank by market value, has quietly settled claims from the Federal Housing Finance Agency that it mis-sold mortgages in the run-up to the financial...
...(Financial Times) US prosecutors are suing Wells Fargo, accusing it of lying about the quality of mortgages it issued with Federal Housing Authority insurance....
...Venezuela to pay Cemex $600m The Venezuelan government plans to pay $600m to Cemex SAB for assets that it seized from the Mexican cement giant in 2008, ending years of disputes between the two parties...
...beyond 2012 Says sees growing demand in the United States this year Says it can be expected that the second quarter will be strong as well Says sees tailwinds from currency effects to balance headwinds...
...The next day credit markets seized up and Sir Mervyn’s intellectual framework began to unravel....
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