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Friday, June 14, 2013

Daily Investor Briefing: Exclusive: Deutsche Bank 'horribly...

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06/14/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Exclusive: Deutsche Bank 'horribly undercapitalized' - U.S. regulator
WASHINGTON (Reuters) - A top U.S. banking regulator called Deutsche Bank's capital levels "horrible" and said it is the worst on a list of global banks based on one measurement of leverage ratios.
Wall St. ends lower for day and week on stimulus worries
NEW YORK (Reuters) - Stocks fell on Friday to close their third negative week in four as concern lingered over whether the world's central banks will soon begin to rein in stimulus programs.
IMF urges repeal of 'ill-designed' U.S. cuts
WASHINGTON (Reuters) - The International Monetary Fund urged the United States on Friday to repeal sweeping government spending cuts and recommended that the Federal Reserve continue a bond-buying program through at least the end of the year.
Chesapeake Energy shareholders reject board declassification
(Reuters) - Chesapeake Energy Corp shareholders on Friday rejected a proposal that would have made it easier to replace the entire board of directors of the natural gas driller in one step.
Exclusive: Creditors, governments must pay in any euro bank rescue - document
BERLIN (Reuters) - Bondholders and governments will always have to contribute to shoring up a failing euro zone bank even when the bloc's bailout fund ESM offers direct aid, according to an EU document obtained by Reuters.
FINRA director in U.S. resigns after old theft indictment surfaces
NEW YORK (Reuters) - A regional director for the securities industry's self-regulatory agency resigned several weeks after the organization received a letter revealing the official had pleaded guilty two decades ago to charitable bingo fraud.
JPMorgan must face lawsuit challenging mortgage fees
(Reuters) - JPMorgan Chase & Co must face a lawsuit accusing the largest U.S. bank of illegally imposing marked-up or unnecessary fees on delinquent mortgage borrowers, a federal judge ruled.
Air rivalry intensifies as Airbus A350 makes first flight
TOULOUSE, France (Reuters) - After the Dreamliner, the Hushliner?
Lululemon seeks "head boss person," must love yoga
TORONTO (Reuters) - Yoga gear maker Lululemon wants a "head boss person" who can communicate in Sanskrit, hold a headstand for at least 10 minutes and is ready to break the rules, the Vancouver-based company said on Friday in a tongue-in-cheek job ad.
Exclusive: Cinven in exclusive talks for $2 billion CeramTec deal - sources
NEW YORK/FRANKFURT (Reuters) - Cinven Ltd is in exclusive talks to buy CeramTec, the industrial ceramics unit of U.S. chemicals maker Rockwood Holdings Inc , for close to 1.5 billion euros ($2 billion), three people familiar the matter said on Friday.
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