JPMorgan leads banks in employee reductions, Bloomberg reports

JPMorgan works to avert Dimon losing chairman role, NYT says Ahead of its annual meeting next month, the JP Morgan board is working behind the scenes to make the point to investors that its CEO Jamie Dimon should also keep his chairman title, says the New York Times.

http://www.theflyonthewall.com/permalinks/entry.php/JPMid1811819/JPM-JPMorgan-leads-banks-in-employee-reductions-Bloomberg-reports

On The Fly: Morning Wrap-Up for April 9

... faster than GDP since 2009. Fitch believes total credit in the economy including various forms of "shadow banking" activity may have reached 198% of GDP at end-2012, up from 125% at end-2008. Also, Fitch said its analysis suggests the indebtedness ...

http://www.theflyonthewall.com/permalinks/entry.php/NOSYMBOLid1811791/NOSYMBOL-On-The-Fly-Morning-WrapUp-for-April-

Bank of America rolls out new slogan

... slogan, a series of new ads and bankers talking about the new image. Bank of America (NYSE: BAC) - the third-largest banking operation in Central Texas - has also replaced Kiefer Sutherland as the voice of its TV ads. New ads that aired over the ...

http://www.bizjournals.com/austin/blog/morning_call/2013/04/bank-of-america-rolls-out-new-slogan.html?iana=ind_bank

HK stocks end 0.7 pct higher

... climbing 1.1 percent. The Finance and Properties sub-indices increased 0.55 percent and 0.42 percent, respectively. Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, slipped 0.43 percent to 80.9 HK dollars. Local ...

http://english.people.com.cn/90778/8200901.html

Stocks bounce back after bad week

U.S. stocks cut their morning losses and finished higher Monday, rebounding from one of their worst weeks of the year.

http://www.wptv.com/dpp/news/national/apple-aapl-stock-update-are-apple-shares-bouncing-back

HSBC Holdings's Outperform Rating Reaffirmed at Sanford C. Bernstein

... presently has a consensus rating of Buy and a consensus target price of $11.47 (748 GBX). HSBC Holdings plc is a banking and financial services organization. It serves around 89 million customers through four global businesses: Retail Banking and ...

http://www.dailypolitical.com/finance/stock-market/hsbc-holdingss-outperform-rating-reaffirmed-at-sanford-c-bernstein-hsba.htm

City National Now Covered by Goldman Sachs

The firm set a "neutral" rating on the stock. Several other analysts have also recently commented on the stock.

http://www.americanbankingnews.com/2013/04/09/city-national-now-covered-by-goldman-sachs-cyn/

News on the go: The Morning News Edition 04-09-13

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/09/news-on-the-go-the-morning-news-edition-04-09-13/

Biologist pushes for Swan Pond web cam 04-09-13

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/09/biologist-pushes-for-swan-pond-web-cam-04-09-13/

Tech Bytes: 4-9-13

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/09/tech-bytes-4-9-13/

Magician Rich Ferguson's Human Chair Scare Prank

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/09/magician-rich-fergusons-human-chair-scare-prank/

Bank of America unveils new slogan

Visitors to Bank of America's website are now getting a taste of the bank's new slogan: "Life's better when we're connected." A video newly posted on the bank's website lays out the essence of the campaign, which was more than a year in the making.

http://www.newsobserver.com/2013/04/08/2811155/bank-of-america-unveils-new-slogan.html#storylink=rss

US, German finance chiefs downplay differences

U.S. Secretary of State John Kerry says he held "very constructive talks" with Israeli and Palestinian leaders during three days of high-level Mideast diplomacy.

http://www.abc27.com/story/21916175/us-german-finance-chiefs-downplay-differences

Homebuyers say they expect to spend $300,000 on first property: poll

The average first-time homebuyer in Canada is 29 years old and expects to be able to put down a down payment of $48,000 on $300,000 home, according to a recent poll by the Bank of Montreal.

http://www.fftimes.com/node/258650

Miners help FTSE higher on China, Alcoa

Britain's top share index rose on Tuesday, led by miners as benign Chinese inflation data stoked expectations the world's biggest metals consumer's monetary stimulus will stay in place.

http://www.reuters.com/article/2013/04/09/markets-britain-stocks-idUSL5N0CW1ZO20130409?feedType=RSS&feedName=hotStocksNews

MasterCard Faces EU Antitrust Probe Into Payment-Card Fees

MasterCard Inc. is under investigation by the European Union over the bank fees it charges on credit and debit-card payments made by customers based outside the 27-nation bloc.

http://washpost.bloomberg.com/Story?docId=1376-MKZET40YHQ0X01-5E2GGLSRKPI6M0ALC0BCHFV9VE

First Republic Bank Now Covered by Goldman Sachs

The firm set a "conviction-buy" rating on the stock. Shares of First Republic Bank opened at 37.79 on Tuesday.

http://www.americanbankingnews.com/2013/04/09/first-republic-bank-now-covered-by-goldman-sachs-frc/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Raw: Police at Serbia Shooting Spree Scene

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http://www.americanbankingnews.com/2013/04/09/raw-police-at-serbia-shooting-spree-scene/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Kerry: 'Friendly, Positive, Long Discussion'

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http://www.americanbankingnews.com/2013/04/09/kerry-friendly-positive-long-discussion/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Asia remembers Thatcher

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http://www.americanbankingnews.com/2013/04/09/asia-remembers-thatcher/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29