Monday, 30 April 2012

Private banker pay holds up in tough market

ZURICH (Reuters) - Stiff competition for top private bankers has kept a floor under pay even as low interest rates, flaccid client trading and tougher regulation squeeze industry profit margins.

Source: http://feeds.reuters.com/~r/reuters/summitNews/~3/rQv8ubEFaXQ/us-wealth-summit-pay-idUSTRE7953G020111006

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EResearch Technology to go private for $400 million

(Reuters) - Investment firm Genstar Capital Llc will take specialty clinical research company eResearch Technology private for $400 million, the latest in a string of private equity deals in the...

Source: http://feeds.reuters.com/~r/reuters/dealsNews/~3/aecid6BhFkA/us-eresearchtechnology-idUSBRE8390VL20120410

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Nobel winner Pamuk opens novel museum in Istanbul

ISTANBUL (Reuters Life!) - Nobel prize-winning Turkish writer Orhan Pamuk realizes a long-nurtured dream on Saturday with the opening of an actual "Museum of Innocence" - a collection of relics of a half-century of ordinary life - as depicted in his 2008 novel of the same name.

Source: http://www.reuters.com/article/2012/04/27/us-turkey-museum-pamuk-idUSBRE83Q18G20120427?feedType=RSS&feedName=peopleNews

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Groupon replaces Schultz, Efrusy on board

(Reuters) - Groupon Inc appointed two new directors on Monday and said Starbucks Corp Chief Executive Howard Schultz and venture capitalist Kevin Efrusy were leaving the board as the company tries...

Source: http://feeds.reuters.com/~r/reuters/globalmarketsNews/~3/ArQI-wYsKm0/us-groupon-idUSBRE83T17220120430

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Mexico congress backs bill to support drug war victims

MEXICO CITY (Reuters) - Mexico's lower house of congress has approved a bill that will require the federal government to provide financial support to victims of the country's brutal gang violence.

Source: http://feeds.reuters.com/~r/Reuters/worldNews/~3/Oe__GrRD15k/us-mexico-drugs-idUSBRE84001320120501

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Groupon replaces Schultz, Efrusy on board

(Reuters) - Groupon Inc appointed two new directors on Monday and said Starbucks Corp Chief Executive Howard Schultz and venture capitalist Kevin Efrusy were leaving the board as the company tries...

Source: http://feeds.reuters.com/~r/reuters/globalmarketsNews/~3/ArQI-wYsKm0/us-groupon-idUSBRE83T17220120430

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Swiss banks steer clear of consolidation

GENEVA (Reuters) - Swiss private bankers say a capital shortfall in the financial sector and a clampdown on tax evasion stand in the way of much-need consolidation in an industry battling rising...

Source: http://feeds.reuters.com/~r/reuters/summitNews/~3/LXjyCzxclr8/us-wealth-summit-consolidation-idUSTRE79450R20111005

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Johnson biographer Caro says political genius is his subject

WASHINGTON (Reuters) - Robert Caro has spent almost 40 years writing his monumental prize-winning biography of President Lyndon Johnson, but says it is not the 1960s leader that held his fascination for so long, but how political power works in America.

Source: http://www.reuters.com/article/2012/04/30/us-caro-johnson-idUSBRE83T02S20120430?feedType=RSS&feedName=peopleNews

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Shareholder sues Google to block stock split

WILMINGTON, Delaware (Reuters) - Google Inc and its board were sued on Monday by a shareholder who wants to block the company's stock split plan because it entrenches the Web search company's co-founders Larry Page and Sergey Brin, according to court documents.

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/gaBjJBEuWSA/net-us-google-lawsuit-idUSBRE83T16820120430

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Swiss banks tout stability and secrecy to lure rich

GENEVA (Reuters) - Switzerland's banking industry is relying on its stability and expertise to ensure it has a bright future as a leading center for managing the assets of the rich, despite a...

Source: http://feeds.reuters.com/~r/reuters/summitNews/~3/pcmZ6Oix1tY/us-banks-switzerland-idUSTRE7943FW20111005

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Rangers stung by competitive Price as Rays win

(Reuters) - Tampa Bay pitcher David Price finally managed to get the better of Texas as the Rays became the first team to register a series victory over the Rangers this season with a 5-2 triumph on Sunday.

Source: http://feeds.reuters.com/~r/reuters/sportsNews/~3/9mxmUqRJumo/us-baseball-rangers-idUSBRE83T02Z20120430

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Chrysler to open offices in Detroit in late summer

DETROIT (Reuters) - Chrysler Group LLC will open offices in downtown Detroit as part of its expansion in a city that has played a central role in the No. 3 U.S. automaker's marketing campaign since last year.

Source: http://feeds.reuters.com/~r/Reuters/domesticNews/~3/jNifMA3XEco/us-chrysler-detroit-idUSBRE83T0U720120430

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Rangers stung by competitive Price as Rays win

(Reuters) - Tampa Bay pitcher David Price finally managed to get the better of Texas as the Rays became the first team to register a series victory over the Rangers this season with a 5-2 triumph on Sunday.

Source: http://feeds.reuters.com/~r/reuters/sportsNews/~3/9mxmUqRJumo/us-baseball-rangers-idUSBRE83T02Z20120430

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HSBC in talks to sell some Korean units to KDB

LONDON/HONG KONG (Reuters) - HSBC Holdings Plc , Europe's biggest bank, said it was in talks over the possible sale of its Korean retail banking and wealth management business to Korea Development...

Source: http://feeds.reuters.com/~r/reuters/dealsNews/~3/ocqVbQcDr7U/us-hsbc-korea-idUSBRE83907R20120410

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Top Obama aide offers legal defense of drone strikes

WASHINGTON (Reuters) - The deadly U.S. campaign of drone strikes against al Qaeda is fully legal under international law, President Barack Obama's counterterrorism chief insisted on Monday in the most extensive justification of a controversial tactic that has eliminated some of the most-wanted militants.

Source: http://feeds.reuters.com/~r/Reuters/worldNews/~3/oN0PXy_WND0/us-obama-drones-idUSBRE83T0TN20120430

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