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  • TOKYO, March 5- Japan's government plans to clarify how bitcoin transactions should be handled under existing laws, sources familiar with the situation said on Wednesday, following the collapse of Tokyo- based Mt. Japan's government is still trying to explain the collapse of Mt.

  • DIARY - Top economic Events to Mar 18 Tuesday, 4 Mar 2014 | 7:01 PM ET

    MEXICO CITY, Mexico- Federal Reserve Bank of Dallas President Richard Fisher speaks before the Mexican Bankers Association- 0000 GMT. TORONTO, Canada- Bank of Canada Senior Deputy Governor Tiff Macklem speaks at an event in Toronto- 0015 GMT.

  • NEW YORK, March 4- A top Federal Reserve official said on Tuesday he is closely following the crisis in Ukraine for potential effects on U.S. economic growth and volatility in commodity prices, but said that so far he sees no undue risks. Russia's military intervention in Ukraine's Crimea peninsula has driven up oil markets.

  • March 4- Investment banker Ken Moelis' boutique investment firm, Moelis& Co, filed to go public as it looks to take advantage of rising demand for independent advisory services and an improving market for public offerings in the United States.

  • Several insurers, including Molina Healthcare, which administer health plans for California's Medicaid program for the poor are asking states to step in and pay for Gilead Sciences Inc's Sovaldi, a drug that costs $84,000 per patient.

  • NEW YORK, March 4- Five former aides of infamous swindler Bernard Madoff used an "avalanche of lies" to help him carry out his decades-long Ponzi scheme, each with a specific role to ensure that investors, auditors and regulators were kept in the dark, a prosecutor said on Tuesday in the closing phase of their trial.

  • Bank stocks to double, says Dick Bove Tuesday, 4 Mar 2014 | 5:13 PM ET

    Look for 100 percent increase in shares of financial institutions across the board, banking analyst Dick Bove said.

  • Investment bank Moelis files for IPO Tuesday, 4 Mar 2014 | 4:53 PM ET
    Kenneth Moelis

    Moelis, an investment bank formed by former UBS bankers, filed with US regulators on to raise up to $100 million in an initial public offering.

  • Dick Bove: Banking headed 100% higher     Tuesday, 4 Mar 2014 | 4:17 PM ET

    Dick Bove, vice president of equity research at Rafferty Capital, provides his forecast for financial stocks.

  • UPDATE 1-Investment bank Moelis files for IPO Tuesday, 4 Mar 2014 | 3:24 PM ET

    The New York- based company, led by Wall Street dealmaker Kenneth Moelis, will look to take advantage of an improving U.S. IPOs by dollar volume since 2000, according to Thomson Reuters data, as large floats such as Hilton Worldwide Holdings and Plains GP Holdings lifted deal proceeds 21 percent to $56.4 billion.

  • March 4- Morgan Stanley's wealth management unit said it hired six financial advisers from UBS and Wells Fargo. Daniel Tedesco and Dennis Madden joined on Feb. 14 from UBS where they managed $161 million in client assets. James Wong, Matthew Barker, Justin Harris and Desiderio Rodriquez joined on Feb. 28 from Wells Fargo where they managed $264 million in assets.

  • Investment bank Moelis files for IPO Tuesday, 4 Mar 2014 | 2:32 PM ET

    March 4- Moelis& Co, an independent investment bank, filed with U.S. regulators to raise up to $100 million in an initial public offering of its Class A common stock.

  • March 4- Investment bank Jefferies Group LLC, owned by Leucadia National Corp, reported a 23 percent jump in first-quarter profit as investment banking revenue grew. The bank said its holdings in Knight Capital and Harbinger Group Inc, were marked down by $15 million.

  • MILAN, March 4- Euro zone banks could be forced to disclose any major balance sheet gaps discovered in a health check on the industry before the results are made public in October, the head of the European banking watchdog said on Tuesday.

  • *Canada's third-largest lender caps off strong bank earnings period. TORONTO, March 4- Bank of Nova Scotia capped off Canada's bank earnings period with a higher quarterly profit and a dividend increase on the back of strong domestic lending volumes and wealth management income, but its international retail operations posted softer results.

  • March 4- Investment bank Jefferies Group LLC, owned by Leucadia National Corp, reported a 23 percent jump in first-quarter profit as investment banking revenue grew. The bank said its holdings in Knight Capital and Harbinger Group Inc, were marked down by $15 million.

  • March 4- Morgan Stanley's wealth management unit said it hired six financial advisers from UBS and Wells Fargo. Daniel Tedesco and Dennis Madden joined on Feb. 14 from UBS where they managed $161 million in client assets. James Wong, Matthew Barker, Justin Harris and Desiderio Rodriquez joined on Feb. 28 from Wells Fargo where they managed $264 million in assets.

  • March 4- Asset manager Legg Mason Inc said it will buy privately held QS Investors, an adviser to institutional clients, to expand its portfolio of investment products. New York- based QS Investors has $4.1 billion assets under management and about $100 billion in assets under advisory, Legg Mason said in a statement on Tuesday.

  • NEW YORK, March 4- Bill Gross, manager of the world's largest bond fund at Pimco, said Tuesday that risk assets should outperform cash this year and post higher returns if central banks can convince investors that easy money policies are stimulating growth.

  • LONDON, March 4- JPMorgan, Citigroup and four more major banks have signed up with an industry group to develop a central register of information on other banks they deal with to help to meet increasing compliance demands and costs.

Banks

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