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News & Updates
June 17, 2016 With European Banks On The Ropes, KBW Sees Brexit Pressures For Goldman Sachs And JPMorganSource: Forbes
This pain is also being felt by U.S. megabanks, but in a less severe manner, casting a pall over the earnings outlook of Wall Street heavyweights such as Goldman Sachs Group GS and JPMorgan Chase JPM.
ABC News - If we leave the economic area and get [World Trade Organization] type agreements instead, that is the most damaging economically. We will see a decrease in trade and foreign direct investments. That means lower GDP,...
Source: SF Gate
LONDON— Global stocks and the pound rose Friday after gains on Wall Street and as Britain's frenzied debate on whether to leave the European Union was put on hold for a second day following the killing of a member of parliament.
June 17, 2016 Help Wanted: Wall Street Restructuring Experts - video
Bloomberg With distressed industries at six-year highs, Wall Street firms are facing difficulties in finding experienced restructuring professions to tackle the booming business. Bloomberg's Jodi Xu Klein reports on "Bloomberg...
Source: Stock Transcript
Throughout the seven-year old U.S. expansion, as the unemployment rate tumbled from a peak of 10% in 2009 to a low of 4.7% last month, policy makers have been focused on the slack in the labor market. Yes, slack.
June 16, 2016 Executive pay in spotlight at shareholders meetingsSource: Nikkei
TOKYO -- A key focus for investors at the upcoming Nissan Motor general shareholders meeting this year is how much the automaker paid President and Chief Executive Officer Carlos Ghosn for the year ended March, as the company...
June 16, 2016 The Latest: German FM says British exit would shake EUSource: Washington Post
Germany’s foreign minister says the European Union would be shaken by a British vote to leave and would have to ensure that it didn’t ultimately lead toward the bloc’s disintegration.
Walt Disney Co has opened the gates to its first theme park in China, prompting a rush from thousands of gathered Mickey Mouse enthusiasts to be the first to storm Treasure Cove, ride the Roaring Rapids or visit Disney's tallest...
Source: NY Times
An employee of the law firm at the center of the leaks of the Panama Papers, which have revealed offshore wealth held in secretive accounts worldwide, has been arrested here on charges of data theft, one of the employee’s...
The bad news is that data breaches are becoming ever more common. The worse news is that the cost they represent for companies is going through the roof.
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