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Luxury apparel company Vince selects banks for fall IPO: sources
ReutersBy Olivia Oran May 13 (Reuters) - High-end sportswear brand Vince is close to filing for an initial public offering, according to two sources close to the situation. Vince, owned by St. Louis-based fashion company Kellwood Co, which is controlled by...Tags: Ralph Lauren, Financing and Stock Offerings, Goldman Sachs Group, Inc., Initial Public Offerings, Macy's
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German prosecutors complete Ecclestone investigation
ReutersFRANKFURT/BARCELONA (Reuters) - Prosecutors in Munich have completed an investigation of Formula One motor racing chief Bernie Ecclestone over allegations he bribed a German banker during a 2005 business deal. "The investigation against Mr. Ecclestone...Tags: Justice System, Crime, Law and Justice, Munich (Germany), Lawyers, Open-Wheel Racing
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Will Dodd-Frank save (or stifle) capitalism?
WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man...
Tags: Consumers, Federal Deposit Insurance Corporation, Theodore Roosevelt, Barack Obama, Woodrow Wilson
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ON THE MOVE-UBS hires Merrill private wealth team in Florida
ReutersBy Ashley Lau May 13 (Reuters) - UBS AG's Wealth Management Americas said it has hired two veteran private wealth advisers and their team from Bank of America Corp's Merrill Lynch in Florida to join UBS's Fort Lauderdale office. The Parker-Harrigan...Tags: Fort Lauderdale, Personal Finance, Personal Income, Aventura, Personal Investing
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Bank of America makes booking gains look easy
Wouldn't it be nice if investing in the stock market were as easy as Bank of America Corp. is making it look? The second-largest U.S. lender this week settled a five-year legal battle with MBIA Inc., the struggling bond insurer, over losses tied to bad...Tags: Goldman Sachs Group, Inc., Finance, Economy, Business and Finance, Bank of America Corp., MBIA Incorporated
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Adrian Cheng: updating a Hong Kong family empire for a changing China
ReutersHONG KONG (Reuters) - He has trained on Broadway and been a Wall Street banker. Now, Adrian Cheng, 33-year-old scion of the world's largest jewellery retailer and one of Asia's leading property developers is gearing up for his latest challenge -...Tags: Goldman Sachs Group, Inc., Real Estate Buyers, Realty, Consumer Goods Industries, Politics
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U.S. banks push back on change in loan loss accounting
Reuters* U.S. banks pan accounting change to speed up loan reserves * Banks urge alignment of U.S. and international rules By Dena Aubin NEW YORK, May 13 (Reuters) - More than a dozen of the biggest U.S. banks have questioned a proposed accounting change...Tags: Unrest, Conflicts and War, Crisis, Science and Technology, Finance, Economy, Business and Finance
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Two EM trades make for blockbuster day in US high-grade market
ReutersBy Shankar Ramakrishnan NEW YORK, May 13 (IFR) - Two emerging market trades transformed what looked like a relatively sedate day into a blockbuster Monday as they collectively raised USD14.25bn, or the bulk of the total USD16.325bn of high-grade paper...Tags: Wells Fargo & Co., Prices, Sports, HSBC Holdings plc, Petroleum Industry
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INTERVIEW-Adrian Cheng: updating a Hong Kong family empire for a changing China
ReutersBy Farah Master HONG KONG, May 14 (Reuters) - He has trained on Broadway and been a Wall Street banker. Now, Adrian Cheng, 33-year-old scion of the world's largest jewellery retailer and one of Asia's leading property developers is gearing up for his...Tags: Goldman Sachs Group, Inc., Real Estate Buyers, Realty, Consumer Goods Industries, Politics
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Senior Chinese economic planning official under investigation by anti-graft agency
Associated PressBEIJING (AP) — Chinese authorities have launched an investigation into a powerful economic planning official accused by a prominent journalist of corruption, the latest high-level target of the new leadership's anti-graft drive. The ruling...Tags: Social Media, China, Xi Jinping
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Argentina faces very different debt default if loses legal fight
Reuters* U.S. appeals court ruling expected in coming weeks * Argentina could take its case to the Supreme Court * Market is prepared for a technical default By Hilary Burke BUENOS AIRES, May 13 (Reuters) - When Argentina defaulted on its debt in 2002, the...Tags: Bank of New York Company, Buenos Aires (Argentina), Debt Market, Judges, Collective Contract
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Lloyds Chairman Bischoff stands down as government sale looms
ReutersLONDON (Reuters) - Lloyds Banking Group Plc Chairman Win Bischoff is to retire in the next year, handing the reins to a successor who must steer it through a potentially risky multi-billion pound government share sale. Bischoff, 72, has overseen a...Tags: Stock Market, Government, Parties and Movements, Politics, England
May 13, 2013
|Story| Reuters
May 13, 2013
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May 13, 2013
|Column| Orlando Sentinel
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|Column| Allentown Morning Call
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|Story| AP Broadcast
May 13, 2013
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