Finance
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Northern Trust earnings rise 46% after year-ago costsJul 21, 2009 11:00 pm - Northern Trust Corp.'s second- quarter earnings rose 46 percent a year after costs related to lease transactions reduced earnings. Net income increased to $314.2 million...
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JPMorgan Chase posts 2Q profit, surpasses Street
Jul 15, 2009 11:00 pm - CHARLOTTE, N.C. -- JPMorgan Chase & Co. posted a 36 percent jump in second-quarter profit Thursday, easily surpassing Wall Street expectations as strength in its core co...
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SEC head outlines enforcement, other changes
Jul 13, 2009 11:00 pm - WASHINGTON -- House lawmakers voiced approval Tuesday for recent changes at the Securities and Exchange Commission in the wake of the Madoff scandal, though some Republi...
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CME may push for credit-default swap protectionJul 09, 2009 11:00 pm - Intercontinental Exchange Inc. and CME Group Inc., the two largest U.S. futures exchanges, are considering asking Congress to protect money used to guarantee credit-defa...
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Report: AIG asks to give bonuses to execs
Jul 09, 2009 11:00 pm - NEW YORK -- American International Group Inc. is consulting with the federal government about its plans to pay millions of dollars in retention incentives and bonuses, a...
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SEC pitches tightened rules for money-market funds
Jun 23, 2009 11:00 pm - WASHINGTON -- Federal regulators on Wednesday proposed tightened rules for money-market mutual funds that would require them to hold some assets that could be easily con...
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Report: Citigroup plans boost in salaries by up to 50 percent
Jun 23, 2009 11:00 pm - NEW YORK -- Citigroup Inc. is increasing the base salaries of many employees -- reportedly by as much as 50 percent for some workers -- as it restructures their compensa...
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Fed mulls tweaks to economic revival programs
Jun 23, 2009 11:00 pm - WASHINGTON -- With signs the U.S. economy is improving but still fragile, Federal Reserve policymakers are considering whether some programs intended to drive down rates...
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SEC, CFTC seek 'unimpeded' power over derivativesJun 22, 2009 11:00 pm - "Unimpeded" oversight of the $592 trillion over-the-counter derivatives market should be shared between the Securities and Exchange Commission and Commodity Futures Trad...
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Bank of America seeks new board members
May 07, 2009 11:00 pm - CHARLOTTE, N.C. -- Bank of America Corp. is looking for new directors following a shareholder revolt that stripped Chief Executive Ken Lewis of his chairman's title, the...