VENTURE CAPITAL POST

Wal-Mart Stores Inc and Xerox Corp blamed each other for the glitch that caused food stamp recipients to go on an all-out shopping spree over the weekend.

Deutsche Bank co-CEO Anshu Jain and JP Morgan CEO Jamie Dimon join chorus on US government breaking gridlock on budget and debt ceiling.

KKR & Co LP would soon reach a deal to acquire Crosby Group LLC in a transaction valued USD1 billion, said two sources familiar with the matter.

RadioShack had received several new financing offers from Bank of America and Wells Fargo, said a Reuters report.

Italian prosecutors said that JP Morgan should be indicted after manipulating markets and falsifying documents when it took over Banca Antonveneta last 2008.

AXA Private Equity said it had been considering the sale of its natural ingredient maker Diana for a deal valued around EUR1 billion.

JP Morgan had conducted an internal probe on approximately 200 employees in Asia regarding the possibility of illegal nepotism.

JP Morgan Chase & Co. said that it would halt receiving any new businesses from foreign banks neither would it accept new clients.

WCI Communities finalizes IPO pricing at US$15 per share.

Advertising changes lowered target price on Google stocks.

JPMorgan stated they would release 1st quarter report ahead of others.

JPMorgan and Wells Fargo let go bonds worth around US$38 billion.

JP Morgan led the Eur1.2 billion out of the Eur1.7 billion that Nokia will pay to acquire 50% Siemens’ stake in Nokia Siemens Network.

The European Union accused 13 investment banks for conniving against rivals in the credit derivatives industry.

NanoString Technologies announced today the pricing of its initial public offering.