The Wall Street Journal reported the chairman of the Basel Committee signaled that regulators might be starting to understand how their rules contributed to the financial crisis — and the damage these rules could do in the future. read more
MAR 15, 2013 - 7:20 am
The Federal Reserve said it has approved the capital plans of 14 financial institutions in the Comprehensive Capital Analysis and Review. Goldman Sachs and JP Morgan Chase received conditional approval, while the Fed objected to the plans of Ally Financial and BB&T. read more
MAR 15, 2013 - 7:05 am
Bloomberg reported that former JPMorgan chief investment officer Ina Drew will testify before a U.S. Senate investigations panel in her first public appearance since her departure from the bank after it disclosed its initial trading losses. read more
MAR 14, 2013 - 7:35 am
The Wall Street Journal reported that three more top banks will broaden their clawback policies to cover more executives, increase disclosures or add potential triggers. read more
MAR 14, 2013 - 7:25 am
The Wall Street Journal reported that U.S. companies with a record windfall of dividends and share buybacks are helping to propel the stock market’s rally. read more
MAR 11, 2013 - 6:10 am
Bloomberg reported that in his letter to shareholders, Warren Buffet said executives who held back investments because of doubts about the economy are missing an opportunity. “We will keep our foot to the floor,” Buffet is quoted as saying about Berkshire’s capital expenditures in 2013. read more
MAR 4, 2013 - 6:20 am
According to a report from mobility management firm Good Technology, corporate customers overwhelmingly prefer Apple devices to any other mobile or tablet technology. read more
MAR 1, 2013 - 7:20 am
White Clarke Group announced full implementation in the UK and China of CALMS2, the company’s flagship technology platform that supports the complete lifecycle of automotive finance and loan origination. read more
FEB 27, 2013 - 6:00 am
Fitch said that Berkshire Hathaway's deviation from certain past practices raises questions regarding its recently announced acquisition of Heinz with 3G Capital. read more
FEB 25, 2013 - 6:55 am
Odessa Technologies, the developer of the LeaseWave suite of products, a fully integrated end-to-end lease and loan management solution, announced the introduction of a new product, End of Lease Management, for companies looking to better manage their end of lease processes. read more
FEB 21, 2013 - 6:10 am
The Monitor and monitordaily office will be closed on Monday, February 18 in observance of Presidents' Day. read more
FEB 15, 2013 - 7:29 am
H.J. Heinz announced it has entered into a merger agreement to be acquired by an investment consortium comprised of Berkshire Hathaway and 3G Capital in deal valued at $28 billion, including outstanding debt. read more
FEB 15, 2013 - 7:20 am
American Airlines has agreed to merge with smaller rival US Airways in a deal valued at $11 billion, paving the way for the creation of the nation’s largest airline. read more
FEB 14, 2013 - 7:30 am
Bloomberg reported that Dell, which agreed to a $24.4 billion buyout this month, is coming under increased pressure to make the deal more attractive to shareholders who say the transaction undervalues the company. read more
FEB 13, 2013 - 3:45 pm
Bloomberg reported that U.S. prosecutors are seeking more than five years’ worth of McGraw-Hill’s profit as punishment for its S&P unit’s inflated grades that contributed to the worst financial crisis since the Great Depression. read more
FEB 8, 2013 - 3:05 pm