Despite recent ups and downs, hedge funds are now more in love with Japan than at any time in the last decade.» Read More
Citigroup Inc. rose$. 14 or. 3 percent, to $53.66. JPMorgan Chase rose$. 33 or. 5 percent, to $60.45. Morgan Stanley rose$. 14 or. 4 percent, to $35.53.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. was unchanged at $35.28 with 27,596,500 shares traded. Bank of America Corp. rose. 7 percent to $17.12 with 60,808,000 shares traded.
Nov 21- Bank of America has hired two U.S. government officials to join its financial crimes team, according to three people familiar with the matter, as banks are under increasing pressure to police their transactions for suspicious activity. Bank of America has hired Jaikumar Ramaswamy, who heads the U.S. Justice Department's asset forfeiture and money...
William Dudley, president of the New York Fed, insisted at a Senate hearing Friday that "our eyes are open" and regulators are fair, unbiased and rigorous in their oversight of the biggest U.S. banks. "Of course we are not perfect, but we always strive to improve and retain your trust," Dudley said at the hearing, which focused on whether the Federal Reserve has too cozy of a...
Bank of America Corp. rose$. 13 or. 8 percent, to $17.13. Citigroup Inc. rose$. 69 or 1.3 percent, to $54.21. Goldman Sachs rose$. 26 or. 1 percent, to $190.02.
Bank of America Corp. fell$. 06 or. 4 percent, to $17.00. Citigroup Inc. fell$. 14 or. 3 percent, to $53.52. Goldman Sachs rose$. 56 or. 3 percent, to $189.75.
Separate studies to be undertaken by the Fed's Washington- based Board of Governors and its Office of Inspector General are meant to ensure that "divergent views" about the state of large banks are adequately aired. The issue will be the focus of a Senate Banking committee hearing on Friday that features New York Fed President William Dudley as the chief witness.
Bank of America Corp. fell$. 08 or. 5 percent, to $16.98. Citigroup Inc. fell$. 39 or. 7 percent, to $53.27. Goldman Sachs fell$. 18 or. 1 percent, to $189.02.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. rose 3.0 percent to $2.71 with 8,362,200 shares traded. Bank of America Corp. fell. 5 percent to $16.98 with 30,392,900 shares traded.
ALBANY, N.Y.— As government problems go, it's not a bad one to have: How should New York spend a $5 billion surplus? The $3.9 billion Tappan Zee Bridge replacement. The money comes from big settlements with banks and insurance companies like BNP Paribas SA and Bank of America Corp..
Bank of America Corp. fell$. 09 or. 5 percent, to $16.97. Citigroup Inc. fell$. 40 or. 7 percent, to $53.26. US Bank fell$. 12 or. 3 percent, to $43.77.
LONDON, Nov 20- Johnson Matthey expects higher earnings this year after the speciality chemicals company increased first-half profits due to stronger sales of its products that help to make cars more environmentally friendly. The company said tighter environmental legislation was mainly responsible for boosting sales in Europe and Asia of its...
Bank of America Corp. fell$. 08 or. 5 percent, to $17.06. Citigroup Inc. fell$. 15 or. 3 percent, to $53.66. Goldman Sachs fell$. 45 or. 2 percent, to $189.19.
For example, following its purchase of the RBS Sempra commodities business in mid-2010, JPMorgan Chase& Co sought Fed permission to trade a range of niche physical oil products such as asphalt, Canadian condensate and marine diesel. After it became clear that the Fed would not grant the request, JPMorgan withdrew it. "The decision of the Federal Reserve not to...
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Bank of America Corp. fell. 5 percent to $17.06 with 46,657,300 shares traded. Barrick Gold Corp. fell 6.2 percent to $12.46 with 23,544,100 shares traded.
Bank of America Corp. fell$. 11 or. 6 percent, to $17.04. Citigroup Inc. fell$. 22 or. 4 percent, to $53.60. Goldman Sachs rose$. 11 or. 1 percent, to $189.75.
Bank of America Corp. fell$. 06 or. 4 percent, to $17.08. Citigroup Inc. fell$. 20 or. 4 percent, to $53.61. Goldman Sachs fell$. 46 or. 2 percent, to $189.18.
Nov 19- Shares of Paramount Group Inc rose as much as 5.7 percent in market debut, valuing the owner of San Francisco's landmark One Market Plaza building and Washington DC's Liberty Place at $4.51 billion. Paramount shares opened at $18.49 on the New York Stock Exchange and touched a high of $18.50. Founded in 1978 by German mail-order entrepreneur Werner Otto,...
CARACAS, Nov 18- Venezuela has used a $4 billion loan from China to bolster its flagging international reserves, President Nicolas Maduro said on Tuesday, days after the OPEC nation's hard currency holdings hit an 11- year-low amid sliding oil prices. Francisco Rodriguez, senior Andean economist with Bank of America, said including the funds in the...
Paramount owns prestigious properties such as San Francisco's One Market Plaza building and New York's 1633 Broadway. Paramount owns about 10.4 million square feet of office properties that generated an annualized rent of about $576 million, as of Sept. 30. Paramount plans to become a real estate investment trust after the offering.