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By Marlene Y. Satter, AdvisorOne |
December 30, 2011
German lender HSH Nordbank is suing JPMorgan Chase and Ally Financial, among other financial institutions, over losses it sustained in mortgage bonds that it said were misrepresented.
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By Marlene Y. Satter, AdvisorOne |
December 21, 2011
The European Central Bank surprised analysts by offering a record amount of 489 billion euros in loans to stressed banks.
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By Marlene Y. Satter, AdvisorOne |
November 10, 2011
This week in new hires, Fidelity Asset Management announced two new presidents in its fixed income division and SIFMA announced its new president and board members.
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By Marlene Y. Satter, AdvisorOne |
October 11, 2011
A debt crisis summit meeting of European leaders scheduled for October 18 was pushed back to October 23 amid a disagreement about the amount of Greek debt to be written down.
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By Marlene Y. Satter, AdvisorOne |
September 23, 2011
Markets around the world steadied on Friday in Europe, despite rumors of an imminent Greek default.
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By Marlene Y. Satter, AdvisorOne |
September 22, 2011
The dizzying rise of gold, punctuated though it might be with stomach-churning dips in price, has moved at such a pace during its 11-year rally that vaults that store the precious stuff are running out of room.
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By Marlene Y. Satter, AdvisorOne |
September 16, 2011
Barclays Capital has heeded the siren call of gold—at least to its customers. It announced Friday that it was planning, together with The Brink’s Co., to build a new precious metals vault to hold the physical assets its customers have purchased in the quest for safe investment havens this year.
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By Marlene Y. Satter, AdvisorOne |
September 2, 2011
CEO of PIMCO sets odds of eurozone recession at 50%, U.S. between 33%–50% as ECB ponders interest rate cut to forestall double-dip.
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By Marlene Y. Satter, AdvisorOne |
August 22, 2011
This week in new portfolio products, Cantor Fitzgerald announced that it will launch an ETF arbitrage business under Dan Segal, and Van Eck introduced a mortgage REIT income ETF.
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By Marlene Y. Satter, AdvisorOne |
August 1, 2011
The proposed deal would raise the debt ceiling now and through 2012, cut domestic and military spending over next 10 years.