LONDON, May 19- This week offers the first major gauge of the health of the global economy for May, with big implications for policymakers and investors banking on a steady pickup in activity during the second half of 2013..
May 19- The beginning of the end of the Federal Reserve's massive bond-buying program might come sooner than many investors think if recent gains in the U.S. labor market do not prove fleeting.
NEW YORK, May 17- Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase& Co cut off the bank's opponents from polling information.
U.S. banks, Internet service providers and security companies "have had trouble keeping up with the recent DDoS attacks that have had the sophistication and the level of resources that a nation-state entity like Iran can devote to them," House Intelligence Committee Chairman Mike Rogers told Reuters.
Bank of America Corp. rose$. 07 or. 5 percent, to $13.43. Citigroup Inc. rose$. 84 or 1.7 percent, to $51.45. Goldman Sachs rose $3.71 or 2.4 percent, to $158.18.
*Dexia lawsuit returned to NY state court where it began. May 17- A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase& Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt.
NEW YORK, May 17- Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase& Co cut off polling information to the bank's opponents.
*JPMorgan lifts S&P 500 year-end target to 1,715. *Tableau Software surges in first day of trade. NEW YORK, May 17- U.S. stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies.
*Dexia lawsuit returned to NY state court where it began. May 17- A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase& Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt. Dexia and JPMorgan representatives did not immediately respond to requests for comment.
Martin Kanefsky, who was the chief of the now-defunct Kane Capital Strategies Inc, pleaded guilty in April 2010 to fraud and conspiracy charges related to his role in a scheme to manipulate bids for investment agreements and municipal finance contracts. Among those convicted were bankers who worked at General Electric Co, UBS AG, JPMorgan Chase& Co.
Bank of America Corp. rose$. 06 or. 4 percent, to $13.42. Citigroup Inc. rose$. 81 or 1.6 percent, to $51.42. Goldman Sachs rose $3.17 or 2.1 percent, to $157.64.
Bloomberg said last week that its reporters had limited access to some data considered proprietary, including when a customer logs in or looks for information on assets such as equities or bonds. Since then, other Bloomberg clients, including JPMorgan Chase& Co and government agencies across the globe, have said they were looking into the issue.
*JPMorgan lifts S&P 500 year-end target to 1,715. NEW YORK, May 17- Growth sectors led Wall Street's advance on Friday as encouraging economic data put major U.S. stock indexes on track to close their fourth straight week of gains.
Martin Kanefsky, who was the chief of the now-defunct Kane Capital Strategies Inc, pleaded guilty in April 2010 to fraud and conspiracy charges related to his role in manipulating bids by others from 1999 to 2006.. Among those convicted were bankers who worked at General Electric Co, UBS AG, JPMorgan Chase& Co.
Bank of America Corp. rose$. 15 or 1.1 percent, to $13.51. Citigroup Inc. rose$. 71 or 1.4 percent, to $51.32. Goldman Sachs rose $2.64 or 1.7 percent, to $157.11.
Bloomberg's response to its privacy scandal is coming under increasing criticism despite more than a week of statements from the company. CNBC poses six questions for the company.