Investments

May 21, 2013
Checkmate: Jamie Dimon defeats proposal to split his role

A shareholder proposal to split the roles of chairman and CEO at mega bank JPMorgan Chase was defeated,...

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Investors should strike on agency MBS, but remain cautious: BofAML

Investors should take advantage of the agency MBS weakness, but remain cautious on derivatives and specified where housing strength and policy risk is eroding prepayment reduction, Bank of America Merrill Lynch said. 

ReWired

Earnings impact American/British stock exchanges very differently

Ken Elgarten of Société Générale said in a commentary on the US credit environment: "Earnings season winding down, with more than 90% of the S&P 500 companies reporting Q1 results with roughly 75% of those either meeting or beating forecasts."

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