By Reuters
China is rolling out sweeping brokerage reforms to nurture future global investment banks that officials hope could eventually compete with the likes of Goldman Sachs <GS.N> and Morgan Stanley <MS.N>, a regulatory document showed. (9:28 am)
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CHINA, GOLD, MORGAN STANLEY, FIXED-INCOME, MANAGEMENT, INVESTMENT
By Reuters
Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. (7:00 am)
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MICROSOFT, SEC, BANK OF AMERICA, JPMORGAN CHASE, MERRILL LYNCH, MORGAN STANLEY
By IBTimes AU
U.S. stocks erased gains from a day spent mostly in positive territory to close flat Tuesday, as worries resurfaced in late trading about potential European instability. (1:17 am)
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FTSE, HANG SENG INDEX, JAPAN, GOLD, COPPER, CHINA, GOLD, DOW JONES, CITIGROUP, BANK OF AMERICA, BNP PARIBAS
By Reuters
Former Goldman Sachs director Rajat Gupta was once on hedge fund billionaire Raj Rajaratnam's "important people" list but excluded from a fantasy football celebration helicopter trip to Atlantic City with other corporate high-flyers. (1:14 am)
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LLOYD BLANKFEIN, COURT, NEW YORK, NEW JERSEY, MANAGEMENT, LAWYER
By Reuters
Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. (11:00 pm)
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SEC, JPMORGAN CHASE, MORGAN STANLEY, FACEBOOK, COURT, RETAIL
By Reuters
Two top U.S. financial regulators called for a review of the initial public offering of Facebook last week, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. (9:42 pm)
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SEC, JPMORGAN CHASE, MORGAN STANLEY, FACEBOOK, RETAIL, NEW YORK
By Reuters
Facebook's shares fell sharply again on Tuesday and two top U.S. financial regulators called for a review of the circumstances surrounding its troubled initial public offering last week. (8:42 pm)
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SEC, JPMORGAN CHASE, MORGAN STANLEY, FACEBOOK, RETAIL, NEW YORK
By Reuters
Former Goldman Sachs director and McKinsey & Co executive Rajat Gupta was on a list of "important people" that now-imprisoned hedge fund manager Raj Rajaratnam was willing to be disturbed to take their phone calls, his onetime secretary tes... (7:28 pm)
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RAJ RAJARATNAM, COURT, NEW YORK, INTEL, MANAGEMENT, INSIDER TRADING