Italy calls for careful accounting after Monte Paschi hit
MILAN (Reuters) – Italian financial regulators on Friday asked companies to carefully observe accounting rules concerning complex derivative trades known as “term structured repo” deals.
http://feeds.reuters.com/~r/reuters/businessNews/~3/0oWtnRFJG6Y/us-italy-accounting-derivatives-idUSBRE92718L20130308
Wall Street looks for Fed to continue asset purchase through 2013
NEW YORK (Reuters) – Wall Street expects the Federal Reserve to continue its program of debt purchases through 2013 in an effort to prop up the economy despite evidence of an improved job market, according to a Reuters poll conducted on Friday.
http://feeds.reuters.com/~r/reuters/businessNews/~3/HczH4kgWz4Q/us-usa-fed-poll-idUSBRE92718C20130308
Jobs Lift Dow to Record, S&P up for 9th Week Out of 10
Stocks extended their advance on Friday, with the Dow hitting yet another record and the S&P climbing for its sixth straight day after a payroll report that was much stronger than expected. All three major U.S. stock indexes were on track for their biggest weekly gains since the first week of the year.
http://us.rd.yahoo.com/finance/news/rss/story/SIG=156pun61k/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=13371m3qd/*http%3A//finance.yahoo.com/news/stock-futures-rise-china-data-payrolls-tap-122411722–sector.html?l=1
Bob Diamond’s $3 Million Payday To Come A Year After Stepping Down Amid Libor Scandal
LONDON – Former Barclays chief executive Bob Diamond is set to be paid about 2 million pounds ($3 million) in July, a year after he left the bank following its Libor interest rate rigging scandal. Diamond is entitled to a year’s salary, pension and benefits, which will be paid in a lump sum on July 3, Barclays’ annual report released on Friday showed.
http://www.huffingtonpost.com/2013/03/08/bob-diamonds-3-million-payday_n_2836615.html