Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
Atria Investments LLC lifted its position in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 85.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,066 shares of the exchange traded fund's stock after acquiring an additional 11,061 shares during the quarter.
Thus far in 2018, pharmaceutical companies have made over 3,600 price increases on 1,045 different drugs, according to Raymond James & Associates. The median increase on a list price was 8 percent.
IndyMac Bancorp Inc. will lay off more than half of its employees and will no longer offer fixed-rate home mortgages, Michael W. Perry, the bank's chairman and CEO, said in a prepared statement Monday. Perry also announced that the Federal Deposit Insurance Corp. has downgraded IndyMac's lending status from "well-capitalized," which means the bank can no longer accept brokered cash deposits without a waiver by the FDIC.
Democratic senator Bill Nelson has been avoiding common campaign expenses such as paying payroll tax and providing benefits such as health insurance by staffing his reelection effort solely through contractors, a rarely used and frowned-upon tactic. Nelson's filings with the Federal Election Commission so far this cycle contain no disbursements for payroll or salary, nor payments for payroll taxes that come along with having salaried workers.
FILE PHOTO: A Credit Suisse sign is seen on the exterior of their Americas headquarters in the Manhattan borough of New York City, September 1, 2015. REUTERS/Mike Segar The Swiss bank agreed to a $47.03 million criminal fine and to enter a non-prosecution agreement under a settlement with the U.S. Department of Justice announced on Thursday.
On June 28, 2018, the U.S. Securities and Exchange Commission proposed amendments to the rules governing its whistleblower program. Press Release, SEC Proposes Whistleblower Rule Amendments , No.
Since not long after Fannie Mae and Freddie Mac were seized by the government a decade ago, policymakers have been circling the same idea for how to revamp the housing finance system. Broadly speaking, that plan would privatize the two government-sponsored enterprises while providing an explicit federal backstop for the mortgage market.
A leading bank CEO condemned the Trump administration's "zero-tolerance" immigration policy that led to more children and parents being separated at the U.S.-Mexico border, as did a New York nonprofit co-led by another big-bank chief. President Donald Trump signed an executive order on Wednesday ending the family separations but other immigration issues remained unresolved.
Masayoshi Son is elevating two SoftBank Group Corp. executives and one outsider to his inner circle, appointments that become official on Wednesday. Bloomberg's Pavel Alpeyev reports on "Bloomberg Markets: Asia." (Source: Bloomberg)
Robert Subbaraman, Singapore-based head of emerging markets economics at Nomura Holdings Inc., talks about India's economy, fiscal and monetary policies. He also discusses the prospects for the dollar with Haslinda Amin and David Ingles on "Bloomberg Markets: Asia." (Source: Bloomberg)
In May, the Revolving Door Project and over 30 other organizations urged Senate Democrats to push for strong progressives for the leadership positions at key financial agencies allocated to Democrats. Democrats now have a chance to demonstrate that they have become the party of the people by whom they choose for open leadership positions at the Securities and Exchange Commission and the Federal Deposit Insurance Corporation .
"It is ridiculous that the court entrusted with protecting our constitutional rights finds procedural semantics more important than a glaring perversion of our democracy." WASHINGTON - This morning, following the Supreme Court's decision to punt on the two partisan gerrymandering cases it was considering in Wisconsin and Maryland, the Chair of the Patriotic Millionaires Morris Pearl, former managing director at BlackRock, Inc., released the following statement: "The Supreme Court decided today to sidestep justice and punt on ensuring all Americans have equal political representation.
Stratos Wealth Partners LTD. decreased its position in Ishares Lehman 20 Year by 18.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
Ten candles, 10 bibles and 10 white roses are representing the 10 deceased in the Santa Fe High School shooting during a candlelight vigil for victims and survivors at Texas First Bank on Friday, May 18, 2018, in Santa Fe. A dozen lawmakers are meeting with almost 40 victims and survivors of Texas mass shootings at the state Capitol Thursday to discuss possible solutions to gun violence.
Lawmakers in the U.S. House of Representatives are considering whether to add a measure that would ease one of Wall Street's most hated post-financial crisis rules to a must-pass spending bill, according to a person with knowledge of the matter. The move to change the Volcker Rule's ban on proprietary trading may be included in next year's budget for financial regulators, according to the person who asked not to be identified because the final text of the bill hasn't been released.
Former New Orleans Mayor Mitch Landrieu will be honored with the 2018 John F. Kennedy Profile in Courage Award on Sunday in Dorchester at the John F. Kennedy Presidential Library and Museum.
The Senate is expected to vote next week on the confirmation of Jelena McWilliams to become the chair of the Federal Deposit Insurance Corp. The nomination of McWilliams, the chief legal officer at Fifth Third Bancorp, was approved by the Senate Banking Committee in February by a vote of 24 to 1, with only Sen. Elizabeth Warren, D-Mass., opposing the confirmation. On Thursday, Senate Majority Leader Mitch McConnell filed a cloture motion that sets up debate by the full Senate on the nomination.
An unprecedented rise in female donors to political campaigns, fueled largely by opposition to President Donald Trump, continues to grow in the run-up to the 2018 elections. The number of women donating to federal candidates has surged by 182 percent when compared with this time in the 2016 cycle, according to new data from the nonpartisan Center for Responsive Politics.
Wells Fargo said Friday it has agreed to pay $480 million to resolve a class-action lawsuit brought by shareholders who claim the bank misstated or failed to disclose details about its sales practices. The San Francisco-based bank said that the agreement is in principle, and must be approved by the court before it's finalized.
A sign is seen Friday, Aug. 11, 2017, at a Wells Fargo bank location in Philadelphia. Wells Fargo says it has agreed to pay $480 million to resolve a class-action lawsuit brought by shareholders who claim the bank misstated or failed to disclose details about its sales practices.