European banks are at a competitive disadvantage in employee compensation compared with their U.S. counterparts because of the different rules imposed by regulators, according to human-resources consultant Mercer.
BusinessWeek.com — Finance
U.S. stocks advanced, breaking a three-day losing streak for the Standard & Poor’s 500 Index, as regulators issued capital rules to safeguard the global financial system and technology companies rallied.
BusinessWeek.com — Finance
Barclays Plc, Bank of America Corp.’s Merrill Lynch and Morgan Stanley can’t use New York law to block Theflyonthewall.com, an online financial news service, from issuing immediate reports about changes in their stock ratings, a federal appeals court ruled.
BusinessWeek.com — Finance
JPMorgan Chase & Co. Chief Risk Officer Barry Zubrow will tell Congress that regulators risk impeding the economic recovery by going too far in tightening bank rules and raising capital requirements.
BusinessWeek.com — Finance
Edutainment goes global via indoor theme parks where children pretend to work as nurses, doctors, firefighters, painters, runway models, and countless other professions
BusinessWeek.com — Small Business
Federal Reserve Chairman Ben S. Bernanke said lawmakers should have “reason to be concerned” that an exemption for smaller lenders from U.S. caps on debit- card “swipe” fees won’t work and may cause banks to fail.
BusinessWeek.com — Finance
The Securities and Exchange Commission is studying whether the growth of closely-held businesses is being hindered by limits on shareholders
BusinessWeek.com — Small Business
David Sokol violated Berkshire Hathaway Inc.’s insider-trading rules and misled the company about his personal stake in Lubrizol Corp., which he recommended as a takeover target to Chairman Warren Buffett, the firm said.
BusinessWeek.com — Finance
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