New York TimesBad Day for BanksDaily BeastFrom botched trades to alleged interest rate manipulation, big banks are facing their maker this week—while News Corp confirms split.Boves Says He Doesn't Expect Big JPMorgan Loss: Tom KeeneBloombergJP Mo…
New York TimesBoves Says He Doesn't Expect Big JPMorgan Loss: Tom KeeneBloombergJPMorgan Chase & Co. won't have a “major loss” in 2012 following the lender's disclosure of losses from credit derivatives that could amount to more tha…
Another bad day for Facebook shareholders. It looks like the latest plunge — which took the shares below the $30 level — has something to…
There was a mini flash crash in the EURCHF cross this morning. Two charts on the price move:
(Link and Link)
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I was watching markets on a screen. When I saw the EURCHF price break I called a lady I know on an FX desk. She picked up t…
The Fed this week discontinued its regular Tuesday rollover of $20 billion of 28 day 1 day forward term repos. They took no action yesterday…