UPDATE 1-Pimco Total Return assets drop below $100 bln, first time since '07

[Buzz_Burner_Fresh_Updates] UPDATE 1-Pimco Total Return assets drop below $100 bln, first time since '07 – reuters.com NEW YORK, Sept 2 (Reuters) – Pacific Investment Management Co’s flagship fund dropped below $100 billion in assets for the first time in more than eight years, leaving it with about a third of the money it managed at […]

British payments glitch at HSBC leaves thousands without wages

[Buzz_Burner_Fresh_Updates] British payments glitch at HSBC leaves thousands without wages – reuters.com LONDON (Reuters) – HSBC reported a computer glitch on Friday which it said prevented some of its British business customers from making payments, leaving thousands of workers without wages ahead of a three-day weekend. Continue Reading On reuters.com »  

CIT's Thain: financial companies without deposit funding face risks + MORE

[Buzz_Burner_Fresh_Updates] UPDATE 4-N.Y. to deny Promontory Financial access to confidential bank data – reuters.com NEW YORK, Aug 3 (Reuters) – New York state’s financial watchdog effectively suspended Promontory Financial Group LLC, a prominent consulting firm, from doing regulatory work for banks licensed by the state after finding that it whitewashed reports it gave to authorities. […]

Italy's Padoan calls for tighter euro zone integration -FT

[Buzz_Burner_Fresh_Updates] Italy's Padoan calls for tighter euro zone integration -FT – reuters.com MILAN, July 26 (Reuters) – The euro zone needs deeper integration to remove the risk of a member country leaving the single currency, Italian Economy Minister Pier Carlo Padoan told the Financial Times in an interview on Sunday. Continue Reading On reuters.com » […]

Fed's Bullard says better than 50 pct chance of Fed hike in September: Fox + MORE

[Buzz_Burner_Fresh_Updates] Fed's Bullard says better than 50 pct chance of Fed hike in September: Fox – reuters.com (Reuters) – There is a better than 50 percent chance that the Federal Reserve will raise interest rates in September, a top Fed official told the Fox Business network on Monday. Continue Reading On reuters.com » Barnes & […]