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SNB chief to face grilling over currency scandal (Reuters)

January 8, 2012 by · Leave a Comment 

Reuters – Embattled Swiss National Bank Chief Philipp Hildebrand faces a grilling by a parliamentary committee on Monday about a controversial currency trade made by his wife three weeks before he imposed a cap on the soaring Swiss franc.

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SNB chief to face grilling over currency scandal
(Reuters)

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Global regulators signal leeway on new bank liquidity rules (Reuters)

January 8, 2012 by · Leave a Comment 

Reuters – Global regulators vowed on Sunday to press ahead with tough new liquidity rules for banks from 2015, but in a move to head off opposition from industry, also said lenders can tap into safety buffers in times of stress.

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Global regulators signal leeway on new bank liquidity rules
(Reuters)

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Yahoo to name new CEO: AllThingsD website (Reuters)

January 4, 2012 by · Leave a Comment 

Reuters – Yahoo is poised to name PayPal President Scott Thompson as chief executive after firing former CEO Carol Bartz in September, website AllThingsD reported, citing sources close to the situation.

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Yahoo to name new CEO: AllThingsD website
(Reuters)

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BP fund halts payments to spill victims pending clarification (Reuters)

January 4, 2012 by · Leave a Comment 

Reuters – BP’s $20 billion oil spill fund has halted payments to eligible victims until a U.S. federal court clarifies an order issued in December, according to a notice posted on the fund’s website.

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BP fund halts payments to spill victims pending clarification
(Reuters)

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MF Global sold assets to Goldman before collapse: sources (Reuters)

January 4, 2012 by · Leave a Comment 

Reuters – MF Global unloaded hundreds of millions of dollars’ worth of securities to Goldman Sachs in the days leading up to its collapse, according to two former MF Global employees with direct knowledge of the transactions. But

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MF Global sold assets to Goldman before collapse: sources
(Reuters)

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Conn. projects budget surplus of $83.7 million (AP)

January 3, 2012 by · Leave a Comment 

AP – The state’s latest financial projections are calling for an increase in Connecticut’s budget surplus as the economy shows signs of improvement.

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Conn. projects budget surplus of $83.7 million
(AP)

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IMF’s Lagarde warns global economy threatened (Reuters)

December 25, 2011 by · Leave a Comment 

Reuters – The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with one voice on a debt crisis that has rattled the global financial system.

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IMF’s Lagarde warns global economy threatened
(Reuters)

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IMF urges members to boost funding under 2010 plan (Reuters)

December 23, 2011 by · Leave a Comment 

Reuters – IMF chief Christine Lagarde on Thursday urged member countries to quickly sign off on an agreement last year to double IMF resources and give under-represented nations, such as China, greater voting power in the global lender.

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IMF urges members to boost funding under 2010 plan
(Reuters)

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Exclusive: CME Trust’s charity grants halt on MF failure (Reuters)

December 18, 2011 by · Leave a Comment 

Reuters – CME Group Inc, which has given $22 million to Chicago-area schools and charities over the past five years, has stopped making grants through its main foundation, citing the collapse of MF Global Holdings Inc.

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Exclusive: CME Trust’s charity grants halt on MF failure
(Reuters)

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MF’s Corzine said to know of customer fund misuse (Reuters)

December 14, 2011 by · Leave a Comment 

Reuters – The regulatory arm of CME Group has turned over interviews to the Justice Department that allege former MF Global chief Jon Corzine knew that the now-bankrupt brokerage firm used customer money to lend to a European affiliate, a CME executive said on Tuesday.

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MF’s Corzine said to know of customer fund misuse
(Reuters)

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