Archive for September, 2009
JPMorgan shuffles its senior ranks
September 30th, 2009 | 
Author: JPMorgan Chase named Jes Staley the head of its investment bank, a move that could put Staley in a position to step in as the new CEO should the bank’s current chief, Jamie Dimon, leave.
Posted in Stocks Unit Trust ETF Investment | 
Tags: Bank, CEO, Chase, chief, head, Investment, investment bank, Jamie Dimon, Jes, jes staley, JPMorgan, jpmorgan chase, move, position, Staley | 
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Survey: CEOs still not ready to hire, spend
U.S. chief executives are not ready to step up hiring or capital spending, though a majority expect sales to rise over the next six months, according to a Business Roundtable survey.
Posted in Stocks Unit Trust ETF Investment |
Tags: business, business roundtable, capital, chief, chief executives, majority, Roundtable, six months, spending, survey, U.S. |
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Economy shrinks at slower pace in Q2
The economy shrank less than expected in the second quarter as businesses and consumers trimmed their spending at a slower pace, buttressing beliefs that the economy is now growing.
Posted in Stocks Unit Trust ETF Investment |
Tags: consumers, economy, pace, quarter, second quarter, slower pace, spending |
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Moody’s exec denies claims of inflated ratings (AP)
AP – The chief credit officer of Moody’s Investors Service told Congress Wednesday that a former analyst’s allegations of inflated ratings and conflicts of interest at the firm are groundless.
Posted in Uncategorized |
Tags: allegations, analyst, chief credit officer, conflicts of interest, Congress, Credit, firm, interest, investors, investors service, Moody, officer, Service, Wednesday |
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U.S. Q2 home foreclosures, mortgage delinquencies up (Reuters)
Reuters – The number of home foreclosures in process and delinquent mortgages rose during the second quarter, while home retention actions also increased, U.S. bank regulators said on Wednesday.
Posted in Uncategorized |
Tags: Bank, bank regulators, delinquent mortgages, home, home foreclosures, number, process, quarter, retention, Reuters, second quarter, u s bank, U.S., Wednesday |
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