WireTap 1400 03/04/12
Euromoney Limited, Registered in England & Wales, Company number 15236090
4 Bouverie Street, London, EC4Y 8AX
Copyright © Euromoney Limited 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

WireTap 1400 03/04/12

A round-up of the key stories across the specialist financial media, including news that a top JP Morgan banker has resigned after being fined by the FSA.

Top JP Morgan banker resigns to fight abuse fine

One of London's most prominent bankers was fined £450,000 on Tuesday for passing on inside information in a case that will embarrass his employer JP Morgan Cazenove and which marks a new resolve by authorities to target high-profile figures.

Click here for the full story

U.S. economy enters sweet spot as China slows

The US once again may be emerging as a main engine for global growth as Europe slides into recession and China’s economy decelerates.

Click here for the full story

Stock futures down after S&P hits 4-year high; FOMC eyed

Stock index futures fell on Tuesday after the S&P 500 climbed to a 4-year high in the previous session as investors awaited factory orders data and minutes of the latest Federal Reserve meeting.

Click here for the full story

China services data lift Asia shares

Asian stocks were generally higher after data on China’s service sector and US manufacturing activity beat estimates.

Click here for the full story

Home prices seen dropping 10% in U.S. on foreclosures: mortgages 

Sales of repossessed properties probably will rise 25 percent this year from 1 million in 2011, according to Moody’s Analytics Inc. Prices for the homes could drop as much as 10 percent.

Click here for the full story

Gift this article