Wholesale Prices Hit Two-Year High
BY JEFF BATER AND LUCA DI LEO, WSJ.com
Underlying wholesale prices in the U.S. climbed during January to their highest in more than two years as prescription prices rose, which may raise concerns about inflation as the economy accelerates.
http://jlne.ws/gnfLql
Goldman Sachs winding down prop-trading desk
The Wall Street Journal/Financial News
Goldman Sachs is winding down its global macro proprietary trading desk, according to a person familiar with the matter.
http://jlne.ws/ghHk4o
Goldman Sachs Said to Close Fixed-Income Prop-Trading Group
BusinessWeek
Goldman Sachs Group Inc., the U.S. bank that relies on fixed-income trading for the largest portion of its revenue, will shut its Global Macro Proprietary Trading desk, a person familiar with the decision said.
http://jlne.ws/eFgaO1
DTCC To Launch Service To Automate Matching Of Broker-To-Broker Trades
Press Release
The Depository Trust & Clearing Corporation (DTCC) announced today plans to launch Obligation Warehouse (OW) to automate the matching and confirmation of broker-to-broker trades that are currently confirmed and settled directly between the trading parties rather than through DTCC (known as ex-clearing), and to give Member firms real-time access to track, manage and resolve their failed obligations.
http://jlne.ws/fAJMTC
DTCC: Continued Cooperation Between Global Regulators and Market Participants Key To Enhancing Transparency In The OTC Derivatives Market
Press Release
Washington, D.C., February 15, 2011 – Donald F. Donahue, chairman and chief executive officer of The Depository Trust & Clearing Corporation (DTCC), today called continued cooperation between global regulators and market participants essential to enhancing transparency in the over-the-counter (OTC) derivatives market.
http://jlne.ws/gWfvF6
New York Fed purchases $1.890 billion in Treasury coupons
Press Release
The purchase or sale of Treasury securities on an outright basis adds or drains reserves available in the banking system.
http://jlne.ws/dF3mSP
Geithner Sees China Shifting on Yuan
BY SIOBHAN HUGHES ,WSJ.com
U.S. Treasury Secretary Timothy Geithner said Wednesday he thinks China's policy makers have made a decision to allow the nation's currency to rise as inflation flares up in the Asian country.
http://jlne.ws/fhtI5o
G-20 Frets Over Inflation, Sovereign Debt
WSJ.com
Top officials from the Group of 20 industrialized and developing nations have agreed to draw up a "limited set" of indicators aimed at curbing global economic imbalances and better coordinate economic policies, but have yet to decide what those indicators will be, according to an early draft of a statement due to be released by the G-20 on Saturday.
http://jlne.ws/eQ8kge
Merkel Names Adviser to Head German Central Bank
By JUDY DEMPSEY, The New York Times
Chancellor Angela Merkel on Wednesday named a trusted economics adviser, Jens Weidmann, to be the next head of the German central bank in Frankfurt, leaving a big gap back in Berlin as she attempts to lead Europe out of its sovereign debt crisis.
http://jlne.ws/g3PDYD
Weidmann set for Bundesbank presidency
By Quentin Peel in Berlin and Ralph Atkins in Frankfurt -Financial Times
Germany’s ruling centre-right coalition parties are expected to agree this week to appoint Jens Weidmann, chief economic adviser to Angela Merkel, the German chancellor, as the youngest president of the Bundesbank.
http://jlne.ws/gSvAGC
Bahrain cbank official says unrest won't affect economy
By Stanley Carvalho, Reuters
Protests in Bahrain, which continued for a third day on Wednesday, will not affect the Gulf state's economy or financial sector, a Bahraini central bank official said.
http://jlne.ws/hesLqK
Regulators Try to Calm Republican Swaps Fears
Finance Technology Network
Financial regulators tried to calm fears that new rules for the $600 trillion over-the-counter derivatives market would raise costs for businesses that use the instruments to hedge risk.
http://jlne.ws/eKdztg
Meet the new chief executive of LCH.Clearnet: Ian Axe
Maryam Omidi - Financial News
Ian Axe, a former managing director at Barclays Capital, has landed the top job at LCH.Clearnet, Europe’s largest independent clearing house, as competition mounts in the post-trade clearing market.
http://jlne.ws/eZSerz
Citigroup Hires The Man Who Almost Screwed Up One Of JPMorgan's Biggest Deals
Business Insider
Citigroup has hired the man who spilled the beans on a big bank merger JPMorgan was advising on, Thomas Woodley Heath III, to be a managing director in its North American financial institution group.
http://jlne.ws/ebu8KG
Barclays bank sees 2010 profits surge, cuts bonuses
Straits Times
LONDON - BRITISH bank Barclays said on Tuesday that annual profits soared by more than a third, as bad debts fell dramatically, and cut its staff bonuses in line with a government-brokered deal. Pre-tax profits leapt 33 per cent to 6.08 billion pounds (S$12.56 billion) last year, compared with 4.559 billion pounds in 2009, the group said in a results statement.
http://jlne.ws/gwBIXm
Jamie Dimon: I'm Not Leaving JPMorgan
Forbes
Just because JPMorgan's CEO likes visiting The White House and eats out with GOP leaders doesn't mean he's leaving his post to open his own restaurant, or enter politics.
http://jlne.ws/h3Ujrz
Testimony Of CFTC Chairman Gary Gensler Before The House Committee On Financial Services
Press Release
http://jlne.ws/him6Yb
Gross's Ex-Rainmaker Recruits Pimco Alumni as Bond Rally Falters
Bloomberg
John Hague , who helped Bill Gross build Pacific Investment Management Co. into the manager of the biggest mutual fund, is recruiting former colleagues for a firm to pursue more aggressive strategies as the bond rally fizzles.
http://jlne.ws/hcMyz9
Tidak ada komentar:
Posting Komentar