AMSTERDAM, June 18 (Reuters) – A wave of consolidation among Europe’s banks in the aftermath of the financial crisis could end up creating banks that are considered too big to fail, the Dutch central bank warned in a report on Thursday.
KUALA LUMPUR, June 18 (Reuters) – Malaysia’s central bank said on Thursday the current movements of the country’s ringgit currency are affected by both global and domestic developments, after it slid to nine-year lows this month.
Prominent JPMorgan investment banker Jimmy Lee died unexpectedly on Wednesday morning after reportedly experiencing shortness of breath while running a treadmill in his Darien, Conn. home. He was 62. Lee was a legend on Wall Street. He has factored prominently in many multi-billion dollar transactions, including some of the key deals that took place in the darkest days of the 2008 financial crisis…
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