 Sydney Morning Herald |
JPMorgan's $ 2-billion loss renews calls for tough financial rules
Los Angeles Times JPMorgan CEO Jamie Dimon was Wall Street's most visible opponent of stricter federal oversight. His bank's spectacular trading loss could damage his influence in that area. “We know we were sloppy. We know we were stupid,” says JPMorgan CEO Jamie Dimon … He should bank on the rules he hates $ 2 billion loss by JPMorgan Chase recharges debate over financial regulations JPMorgan Lobbied for Loophole on Risky Trading |
 Bloomberg |
Dow Drops Most in 2012 as Europe Concern Resurfaces
Bloomberg US stocks fell for a second straight week, driving the Dow Jones Industrial Average to the biggest loss of 2012, as political tension in Greece heightened concern about Europe's debt crisis and JPMorgan Chase & Co. (JPM)'s $ 2 billion trading loss … Banks hit by JPMorgan; Wall Street ends week lower Wall Street Posts Weekly Loss; JPMorgan Plummets Stock market decline is muted, despite bank slump |
 Telegraph.co.uk |
ECB's Patrick Honohan says Greek euro exit would not be 'fatal'
Telegraph.co.uk A Greek exit from the eurozone would damage confidence in the single currency bloc but not necessarily be fatal, Irish central bank chief and European Central Bank policymaker Patrick Honohan said on Saturday. The prospect of a Greek euro exit has … Greek exit not fatal for euro zone – ECB's Honohan ECB's Honohan: Greece Euro Exit Can Be Managed ECB's Honohan Says Greece Euro Exit Can Be Managed |
 Moneycontrol.com |
China cuts reserve ratio; data signals slowdown
MarketWatch By Aaron Back BEIJING (MarketWatch) — China's central bank on Saturday lowered the level of reserves that banks must hold, a move to support growth after a spate of data earlier this week revealed weakening economic momentum. Stanchart's Li Says China Is 'Gearing Up' Pro-Growth Policy China cuts reserve requirement China acts to boost loans, bolster flagging economy |
 MiamiHerald.com |
News Summary: PBM Express Scripts details 1st-quarter prescription growth …
Washington Post MORE 'SCRIPTS: Pharmacy benefits manager Express Scripts Holding Co. says adjusted prescriptions totaled nearly 193 million in its first quarter, up 3.6 percent compared to last year. That figure treats 90-day mail-order prescriptions as three regular, … Express Scripts stock rises after 1Q growth report Option Watch: Express Scripts Risk Reversal Express Scripts Strikes Bullish Tone As Selling Season Picks Up |
