Hints and tips:
...Jerry Rizzieri, head of Mizuho Securities USA, told the Financial Times the acquisition would contribute to Mizuho’s goal “to be solidly inside the top 10 corporate investment banks within three years”,...
...And don’t miss the cyber security scare that is threatening a JPMorgan investment in the payments space. Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Over the past few years, the OCC has also fined JPMorgan Chase and HSBC for failing to live up to the terms of past consent orders....
...V.me allows people to make online purchases without having to punch in their card details each time....
...Mexico’s National Banking and Securities Commission was not immediately available for comment....
...“Investors created the right conditions for Samsung to proceed with the merger,” says Baek Kwang-jae, an analyst at Kyobo Securities....
...BofA had previously recorded only a small profit for the quarter because of its record $16.7bn penalty for mis-selling mortgage-backed securities. The fresh legal hit took it into the red....
...Google wallet will be preinstalled later this year on Android phones sold by AT&T, T-Mobile USA and Verizon Wireless, which backed Softcard....
...Chief among these is access to Chinese securities....
...A group of big investors including Blackrock and Pimco are suing six different banks including Deutsche Bank and HSBC for their role as trustees of mortgage-backed securities in the lead up to and during...
...HSBC’s “flash” purchasing managers’ index for March indicated that China’s manufacturing sector slowed for a third straight month in March with a reading of 48.1, missing forecasts and falling from 48.5...
...HSBC’s purchasing managers’ index for China’s services sector, fell to a reading of 50 for July, the lowest in records dating back to November 2005....
...HSBC Finance is still repairing its foreclosure processes, the lender said in its annual report with the US Securities and Exchange Commission....
...New York, June 21, 2012 — Moody’s Investors Service today repositioned the ratings of 15 banks and securities firms with global capital markets operations....
...(Financial Times) - The Google v Oracle case could have big implications for the software industry....
...As James Steel, a gold market analyst for HSBC Securities (USA), says: “Until the funding difficulties at European banks are resolved, it is difficult for us to see any near term halt in gold lending....
...The other broker-dealers in the group are: BofA Merrill Lynch, Commerzbank, Credit Suisse, HSBC, Morgan Stanley, Royal Bank of Canada, Royal Bank of Scotland, Société Générale and UBS....
...On the equity front, Mirae Asset Global Investments (USA) is betting on the appeal of a global consumer fund, investing at least 80 per cent of its assets in equity securities in emerging and developed markets...
...“When you factor in the cost of sorting out the problems at the banks they bought, one could argue that they paid a very high price for entering the US,” says Richard Bove of Rochdale Securities....
...“The rationale for growing this business is compelling,” wrote Jes Staley, head of JPMorgan’s investment bank, and Heidi Miller, who runs its treasury and securities services business, in a recent note to...
...Eastern Time (USA) to discuss today’s announcement. The conference call will be webcast live at www.motorola.com/investor....
...The other signed-up authorised participants will be Credit Suisse, Goldman Sachs, HSBC, JP Morgan, Merrill Lynch and Newedge....
...The two private equity firms join banks such as Citibank, Bank of East Asia and HSBC in their ability to offer renminbi products....
...“We never contemplated bailing out firms abroad that just hold these securities. There is a clear desire not to be opening it up to, say, Chinese-owned banks holding securities,” the aide said....
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