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Europe Shares Close Mixed; Italy, Spain Lag

John Stumpf

  • March 15- To boost economic growth, U.S. policymakers must find a long-term solution for the nation's rising debt, Wells Fargo& Co Chief Executive John Stumpf wrote in his annual letter to shareholders. But this year's missive gives more space than usual to policy issues in Washington.

  • *Banks accused of failing to withdraw Herbalife financing. March 13- A short seller in Herbalife Ltd's stock has sued officials at three major U.S. banks as well as activist investor Carl Icahn, saying they are helping perpetuate a fraudulent pyramid scheme at the nutritional products company.

  • *Net income $5.69 billion vs $3.73 billion year earlier. NEW YORK, Jan 16- Jamie Dimon, JPMorgan Chase's Chief Executive, had his 2012 bonus cut in half after the bank's board decided he should shoulder blame for $6.2 billion of "London Whale" trading losses.