New York, DC Merrill Lynch hires rival Morgan Stanley advisers

Merrill Lynch offices in New York and Washington D.C. hired advisers from rival, Morgan Stanley. Bank of America Corp's Merrill Lynch hired veteran brokers from its rival, Morgan Stanley Wealth Management.


SAC exec's lawyers: trial might be biased due to media coverage

According to Michael Steinberg's lawyers, his trial might be biased due to the wall-to-wall media coverage.

Wells Fargo combines with JPMorgan in US$6.5 billion equity hit on rates

JPMorgan Chase & Co. and Wells Fargo & Co., lost US$6.5 billion in combined equity that threatened levels of capital across the industry.

Sources say signing of Colombian pension fund decree may be delayed

According to sources, signing and enactment of Colombian pension fund decree may be delayed. Colombia's Finance Minister, Mauricio Cerdenas, may announce that the signing of the pension fund decree could be delayed, according to high-level government and industry sources.


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Greece announced satisfaction with the decision of the euro zone which granted the country Eur6.8 billion to redeem bonds in August.
Latin American currencies low as investors waited for results of Fed's meeting. Latin American currencies changed little last Tuesday as investors waited for the results of the US Federal Reserve's latest meeting.
US hospitals shifted from the conventional paper record keeping to standardized electronic health records after receiving funds from the federal government.
Mexican airport operator Grupo Aeroportuario del Centro Norte said on Monday that it has decided to re-launch a previously postponed initial offering.
Oracle's bond concession attracted the interest of many investors. A new issue concession of Oracle attracted the attention of many investors last Tuesday.
Rally Software filed a registration statement at the SEC for proposed US$70 million public offering
Perry Capital LLC investors filed a suit against the US Treasury and the Federal Housing Finance Agency for the bailout terms it had set for Fannie Mae and Freddie Mac.
Japanese government bonds decreased after the announced reduction in the US Federal Reserve bond buying stimulus that will occur soon.
ITA Cayman Holdings Ltd announced its agreement to buy Standard Chartered Trust (Cayman) Limited as it expands its business and increase presence in the Latin America market.
Spreadtrum surged to a record high in New York after announcing acquisition for Tsinghua Unigroup Ltd priced at US$1.78 billion.