British regulators fined JPMorgan Chase $4.7 million on Thursday for failings in its wealth management division.» Read More
TOKYO, May 24- The yen surged on Friday as volatility in Japanese shares after a 7.3 percent plunge the day before spooked yen-sellers, prompting a wholesale unwinding of bets to profit from the Bank of Japan's monetary easing. The dollar fell 0.3 percent to 101.63 yen, and was down 2.0 percent from Wednesday's 4-1/ 2- year high of 103.74 yen.
TOKYO, May 24- The dollar recovered from two-week lows against the yen on Friday, as Japanese shares rebounded from the previous day's 7.3- percent plunge, which had spurred profit-taking in the lucrative yen-selling trade.
TOKYO, May 24- The dollar recovered from two-week lows against the yen on Friday as a safety-bid for the Japanese currency ebbed after the Nikkei share average rebounded from the previous day's 7.3- percent plunge and Wall Street regained some stability by the close. Overnight on Wall Street, U.S. stocks slipped but finished sharply off their session lows.
Bank of America Corp. fell$. 10 or. 8 percent, to $13.21. Citigroup Inc. fell$. 47 or. 9 percent, to $50.53. Goldman Sachs fell $1.93 or 1.2 percent, to $157.41.
Bank of America Corp. fell$. 04 or. 3 percent, to $13.27. Citigroup Inc. fell$. 63 or 1.2 percent, to $50.37. Goldman Sachs fell $1.96 or 1.2 percent, to $157.38.
NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. rose 1.3 percent to $4.01 with 23,755,300 shares traded. Bank of America Corp. fell. 3 percent to $13.27 with 122,899,600 shares traded.
In settling, ISS neither admitted nor denied the SEC allegations that it violated financial adviser rules designed to prevent misuse of material non-public customer information.
*Hikes size to $465 mln from $350 mln. DUBAI, May 23- National Bank of Abu Dhabi, the UAE's largest lender by market value, has increased its convertible bond offering to $465 million following high demand from investors for a rare convertible from the Gulf region. NBAD shares closed on Thursday at 12.05 dirhams.
Bank of America Corp. fell$. 34 or 2.6 percent, to $12.97. Citigroup Inc. fell $1.55 or 3.0 percent, to $49.45. US Bank fell$. 37 or 1.0 percent, to $35.00.
British regulators fined JPMorgan Chase $4.7 million on Thursday for failings in its wealth management division.
Even inside JPMorgan Chase, it's a bit of a mystery. Was it the outreach? Or were investors just not that interested in taking power from Dimon?
Sinopec made a lackluster market debut on Thursday, casting doubt on a nascent recovery in IPO issuance in the city as investors remained cautious because of a weaker local stock market.
Bank of America Corp. fell$. 13 or 1.0 percent, to $13.31. Citigroup Inc. fell$. 66 or 1.3 percent, to $51.00. Goldman Sachs fell $1.39 or. 9 percent, to $159.34.
Stocks closed down 1 percent after the minutes from the last Fed policy setting meeting suggested the central bank could begin tapering bond purchases sooner than the market expects.
May 22- Former Yahoo Inc executive Shashi Seth has joined Tribune Co to lead its digital ventures as the newspaper and broadcast company seeks new revenue sources.
NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Bank of America Corp. rose 1.4 percent to $13.63 with 88,111,200 shares traded. Barrick Gold Corp. rose 1.8 percent to $19.71 with 16,112,200 shares traded.
Bank of America Corp. rose$. 19 or 1.4 percent, to $13.63. Citigroup Inc. rose $1.03 or 2.0 percent, to $52.69. Goldman Sachs rose $2.71 or 1.7 percent, to $163.44.
MONTPELIER, Vt.-- Vermont's attorney general says Vermont homeowners have gotten $14.7 million in foreclosure relief benefits as part of a state-federal settlement with the country's five largest mortgages servicers.
Bank of America Corp. rose$. 15 or 1.1 percent, to $13.59. Citigroup Inc. rose$. 58 or 1.1 percent, to $52.24. Goldman Sachs rose $1.67 or 1.0 percent, to $162.40.
NEW YORK-- Shares of SodaStream fell Wednesday after a J.P. Morgan analyst lowered his rating on the carbonation machine maker, noting that its stock is no longer cheap. Although SodaStream will like continue to deliver better-than-expected earnings growth, analyst John Faucher said that its stock is already up 44 percent year to date.