LATEST NEWS : Europe Deflation Risk Seen by 74% in Global Investor Poll

Financial professionals are optimistic about the global economy, just not as fervent about it as they were at the start of the year. That’s the message from the latest Bloomberg Markets Global Investor Poll, which shows concern about risks ranging from the turmoil in Ukraine to the threat of deflation in Europe. continue reading at bloomberg.com

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As Goes California, So Goes America — And California Isn't Looking Good

The housing recovery we’ve seen in the past couple of years has largely been driven by the West Coast.   Home prices in California plunged 42% from their March 2008 peak during the downturn, and then rebounded 36%. Prices surged not only because of the extreme drop in prices during the downturn, but also because […]

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REPORT: JP Morgan Is About To Pay A Gigantic Fine, And It Could Still Face Criminal Charges

Multiple outlets are reporting JP Morgan will pay a $13 billion civil penalty for allegedly failing to warn investors about risks in mortgage backed securities trades. It would be the largest civil penalty ever levied, representing more than half of the bank’s 2012 profits. But it may still not be enough to shield it from the Justice […]

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Fed Finds 18 Large Banks Weak in at Least One Capital Area

“Five years after one of the most costly financial crises in U.S. history, the 18 largest banks still fall short in at least one of five areas critical to risk management and capital planning, the Federal Reserve said. While many banking companies have improved capital planning techniques and raised capital levels, “there is still considerable […]

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