By Reuters UK
JPMorgan Chase & Co <JPM.N> won preliminary court approval of its agreement to pay $110 million (70.2 million pounds) to settle nationwide litigation accusing it of charging excessive overdraft fees. (May 25)
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BANK OF AMERICA, ROYAL BANK OF SCOTLAND, COURT, FLORIDA, SETTLEMENT
By Reuters UK
JPMorgan Chase <JPM.N> Chief Executive Jamie Dimon has been invited to testify before the Senate Banking Committee on June 7 to give lawmakers insight into the bank's trading loss of at least $2 billion (1.27 billion pounds), Senator Tim Johnson said on Friday. (May 25)
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FEDERAL RESERVE, SEC, MANAGEMENT, FBI, INVESTMENT, LONDON
By IBTimes
French and German consumer confidence showed unexpected strength, reports showed Friday. While the market is cheering about the "good news," some economists view this as a warning sign of a euro zone crisis fatigue - something that is as dangerous, if not more so than the crisis itself. (May 25)
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FEDERAL RESERVE, FREDDIE MAC, FANNIE MAE, BANK OF AMERICA, LEHMAN BROTHERS, MERRILL LYNCH
By IBTimes
Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell 3.4 percent again Friday, a week after their disastrous debut in their initial public offering. (May 25)
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SEC, GOLDMAN SACHS, MORGAN STANLEY, NYSE, MARK ZUCKERBERG, FACEBOOK, BARACK OBAMA, GENERAL MOTORS, BANK OF AMERICA, BARCLAYS
By IBTimes
U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn't mean more homes will be sold. In fact, at least one housing expert argues that extremely low rates are causing banks to be even more stringent with und... (May 25)
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FEDERAL RESERVE, BEN BERNANKE, WELLS FARGO, FREDDIE MAC
By Reuters
The financial crisis and its aftermath have been brutal for Wall Street's richest and most powerful women. The latest casualty: Ina Drew, the head of JPMorgan Chase's chief investment office, who departed last week after the bank suffered mammoth trading losses. (May 24)
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CITIGROUP, BANK OF AMERICA, LEHMAN BROTHERS, U.S. BANCORP, WELLS FARGO, MANAGEMENT
By IBTimes
Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose $1.03 to close at $33.03 on Thursday. A week ago, they were priced at $38 for the IPO. (May 24)
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SEC, GOLDMAN SACHS, MORGAN STANLEY, NYSE, MARK ZUCKERBERG, FACEBOOK, BARACK OBAMA, GENERAL MOTORS, BANK OF AMERICA, BARCLAYS
By Reuters UK
Asian shares eased on Thursday as markets were vulnerable to faltering factory orders in China and lack of concrete measures shown by European leaders to tackle the risk of Greece leaving the currency bloc. (May 24)
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CHINA, GOLD, BARCLAYS, HSBC, GERMANY, MANUFACTURING