Hints and tips:
...On Wall Street, a new army of financiers, lawyers and consultants seized on the new paradigm to create booming businesses managing equities, as a new pension and mutual fund sector emerged....
...(Financial Times) JPMorgan Chase is closing the accounts of current and former foreign government officials because of increased compliance costs, sparking an angry reaction to its drive to avoid penalties...
...(Financial Times) Funds set up for victims of Bernard Madoff should recover almost three-quarters of the Ponzi scheme’s $17.5bn losses after a new contribution from JPMorgan Chase of about $2.5bn — paid...
...That spike in Treasury yields. Moral hazard, the Chinese way. COMMENT AND CURIOS: - James Mackintosh: No Bollywood ending for the rupee. (Financial Times) - Q&A: How low can the rupee go?...
...Glenn Dubin, Paul Tudor Jones and a group of commodity market luminaries will buy the business from Louis Dreyfus and Highbridge Capital, the hedge fund owned by JPMorgan Chase....
...Late positive news also included reports that almost $700m in funds missing from customer accounts at MF Global had been tracked down at JPMorgan Chase, which seized many of MF’s accounts as collateral when...
...Ending this vicious cycle is critical to preventing the economic recession that we think is already under way from turning into something more severe.” By late spring, fear appeared to be subsiding....
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