andreas jahnzon

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Twitter’s IPO avoids delay: SEC says it can stay open for weeks if government shuts down

The US Securities and Exchange Commission (SEC) could stay open for “a few weeks” even if the US government shuts down, spokesman John Nestor said in a statement today. This could quiet concerns that Twitter’s initial public offering could be delayed because of a government shutdown. Here’s the …

JPMorgan Settlement Complicated By Washington Mutual: Sources

NEW YORK (Reuters) - JPMorgan Chase & Co's possible $11 billion settlement of government mortgage probes has been complicated by a dispute with the Federal Deposit Insurance Corp over responsibility for losses at the former Washington Mutual Inc, said people familiar with the matter.<p>The dispute, …

Wells Fargo to pay $869m in Freddie deal

Wells Fargo has agreed to pay $869m to Freddie Mac, the US government-backed mortgage company, to resolve claims that the country’s largest mortgage …

Dollar sinks to 8-month low after US shutdown - BBC News

Italy’s government is on the brink of collapse—so what else is new?

In Italy, the government is teetering. A credit ratings downgrade looms. Two of the country’s three largest banks are in turmoil, as is the main telecoms operator. Given the headlines, it’s surprising how subdued the market reaction has been; bond yields have barely budged and stocks are down by …