Moody’s Warns Jefferies on ‘Excessive’ Executive Pay
The credit rating agency said in a note on Monday that it regarded the large compensation packages awarded to top executives as a potentially ominous event for bondholders.
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Dow backs off 14,000
U.S. stocks fell at the opening bell Monday, with the Dow retreating from the 14,000 milestone.
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Stock Futures Dip After 5-Year Highs With Data, Earnings Due
U.S. stock index futures slipped on Monday after the S&P 500 hit a five-year high and the Dow rose above 14,000 last week as investors waited for factory orders data and another round of corporate earnings.
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Fresh Questions Over a Bank of America Settlement
The bank continued dubious mortgage modification practices even after its acquisition of Countrywide, court documents show.
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Deutsche Bank takes $3.5 billion loss to pay for clean up
FRANKFURT (Reuters) – Deutsche Bank plunged to a 2.6-billion-euro ($3.5 billion) quarterly loss after it took charges aimed at drawing a line under a series of scandals and cleaning up its balance sheet without asking shareholders for cash.
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