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• European Banks Face 20% Cut in Bonuses

  

  European investment banks are set to cut their bonus pools in the coming weeks by 20 percent in a move that will exacerbate the pay gap with their U.S. rivals. The Financial Times reports.

• No Risk of Higher Interest Rates This Year: Pro

  

  Prognostications that there's a bond bubble ready to burst look overstated, said one panelist at the TD Ameritrade conference in San Diego on Friday.

• Cowen agrees to buy investment bank Dahlman Rose

  NEW YORK-- Investment firm Cowen Group Inc. said Friday it is buying Dahlman Rose& Co., a privately held investment bank. Cowen is buying Dahlman Rose with stock but the two firms did not disclose further financial details. Cowen Group shares rose 3 cents to $2.69 Friday and were unchanged in aftermarket trading.

• Fees for Lehman bankruptcy surpass $2B, a record

  Lehman Bros., the investment bank that failing and helped spark the 2008 financial crisis, made more history by paying $2 billion in fees to outside professionals involved in its bankruptcy. The company spent $160.8 million in fees since emerging from bankruptcy in March, it said in a Thursday filing in with the U.S. Bankruptcy Court in New York.

• ‘Great Rotation’ Talk Is Premature: Bond Fund Managers

  

  Even though stock indices are climbing, some analysts say expectations for a "Great Rotation" out of bond funds into equities look premature because economic growth remains sluggish and interest rates remain low.

• Tax Reform Will Be a 'Death Struggle': Alan Simpson

  

  Congress has done the easy part of deficit and debt reduction, but the more difficult decisions on controlling health care costs, reforming the tax code and fixing entitlements still lie ahead, Alan Simpson and Erskine Bowles told the TD Ameritrade conference on Friday.

• Malcolm Gladwell: A Generational Tipping Point Is Coming

  

  There's a seismic generational shift underway as more and more of the millennial generation enter the workforce, author Malcolm Gladwell said in a presentation at the TD Ameritrade conference on Thursday.

• Invest in Food, Fuels and Forests as Global Population Grows: Fund Manager

  

  Commodity stocks in the food, timber and infrastructure sectors look attractive for 2013, Mike Underhill, founder and chief investment officer of Capital Innovations, told CNBC at the TDAmeritrade Institutional conference on Thursday. Plus, his equity picks.

• This Could Be a Huge Bull Market: Bernstein

  

  This could be the biggest U.S. bull market of our careers, Richard Bernstein of Richard Bernstein Advisors said at the TDAmeritrade Institutional Conference on Thursday.

• US Needs Immigration Reform to Stay No. 1 : Condi Rice

  

  The challenge to U.S. global leadership will not come from upstart emerging markets like China, but from a "U.S. gone bad," former Secretary of State Condolezza Rice told the TDAmeritrade Institutional conference.

• Retail Investors Moving Back to Stocks: TD Ameritrade CEO

  

  Now that the Dow Jones is flirting with all-time highs, retail investors can still enjoy additional gains, TD Ameritrade executives told the company's annual conference in San Diego on Thursday.

• UPDATE 4-Santander Brasil results disappoint as defaults jump

  SAO PAULO, Jan 31- Fourth-quarter profit at Banco Santander Brasil SA disappointed investors despite beating analysts' expectations, raising questions about the ability of Brazil's largest foreign lender to stem the impact of record-low borrowing costs and rising delinquencies.

• UPDATE 3-Santander Brasil beats profit estimates on steep provision cuts

  SAO PAULO, Jan 31- Banco Santander Brasil SA posted fourth-quarter profit that beat analysts' expectations on Thursday as Brazil's largest foreign lender aggressively cut bad-loan provisions to offset sliding revenue and a spike in delinquencies.

• Economy wins big European banks break-up reprieve

  France also wants to curb risky trading, while Britain plans to go further and force its banks to wrap their deposit-taking arms with extra capital to survive shocks that might come from the investment banking side of their business.

• Jefferies CEO gets $19M payday for 2012

  The investment bank Jefferies Group Inc. said Tuesday that its CEO, Richard Handler, will get a 2012 pay package of $19 million, as measured by the bank's calculations. In a fiercely competitive industry, that will put him ahead of rivals like JPMorgan Chase's Jamie Dimon and Morgan Stanley's James Gorman.

• Gleacher & Co. founder leaving

  NEW YORK-- Gleacher& Company Inc. said Tuesday that Chairman Eric Gleacher is leaving the investment banking firm.

• UPDATE 1-UK watchdog closes Lehman case against auditor E&Y

  LONDON, Jan 29- Britain's accounting watchdog declined to take any action against Ernst& Young over its auditing of Lehman Brothers before the U.S. investment bank failed in 2008 and triggered a near meltdown in global markets.

• Vanguard cuts fees again, 12 percent at Strategic Equity Fund

  Jan 28- Vanguard Group, the No. 1 U.S. mutual fund company, says it is reducing more fees, targeting four actively managed funds, including a 12 percent cut at the $3.3 billion Strategic Equity Fund, and many of its popular target retirement funds. BlackRock Inc, the largest ETF manager, and brokerage firm Charles Schwab Corp both announced price cuts last year.

• European shares slip as banks turn tactically cautious

  LONDON, Jan 28- European shares edged lower early on Monday as multi-month highs and recent bullish fund-flow data prompts some investment banks to turn more cautious on equities in the short-term. By 0802 GMT, the FTSEurofirst 300 shed 0.94 points, or 0.1 percent, to 1,173.87, leveling off near two-year highs.

• China’s Brokerages Turn Shadow Banks

  

  Chinese securities brokerages have emerged as a crucial new link in the country's shadow banking industry, a development that underscores how financial risks are spreading more widely in China. The Financial Times reports.