Greifeld bonus cut over botched Facebook IPO, Yen Li...


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Financial Times
FT Trading Room
Friday April 12 2013

Financial Times - FT Trading Room
 
Greifeld bonus cut over botched Facebook IPO
Some of Wall Street's biggest brokers claimed they suffered about a total of $500m in losses due to glitches during networking site's debut
http://link.ft.com/r/EB8122/1O4R9F/HDBRE3/C42SOH/87NODG/7V/h?a1=2013&a2=4&a3=12
 
Yen Libor probe focus on RBS
Executive set to step down ahead of a penalty against the lender in connection with rate manipulation after the unit admitted to wire fraud
http://link.ft.com/r/EB8122/1O4R9F/HDBRE3/C42SOH/WHXNCR/7V/h?a1=2013&a2=4&a3=12
 

Markets
 
Stocks ease back as yen firms
The stronger yen damps demand for Japanese stocks as the tone turns cautious ahead of the start of the US bank earnings season
http://link.ft.com/r/EB8122/1O4R9F/HDBRE3/C42SOH/JQ6W37/7V/h?a1=2013&a2=4&a3=12
 
Dollar eases below Y100 in cautious trade
Euro firms on expectations that Japanese investors will start buying peripheral debt while higher-yielding currencies also gained ground
http://link.ft.com/r/EB8122/1O4R9F/HDBRE3/C42SOH/1OEL71/7V/h?a1=2013&a2=4&a3=12
 
Speculators aim to milk Fannie and Freddie
Both common and preferred stock of the US mortgage finance groups has jumped higher on political and legal hopes that it could become a cash cow
http://link.ft.com/r/EB8122/1O4R9F/HDBRE3/C42SOH/1OEL7T/7V/h?a1=2013&a2=4&a3=12
 
The chatter from Chile's Cesco week
The copper industry's annual gathering debated Chinese demand and the Chinese stocking cycle, warehousing and rapidly rising costs
http://link.ft.com/r/EB8122/1O4R9F/HDBRE3/C42SOH/Q3ZQBQ/7V/h?a1=2013&a2=4&a3=12
 
Johnson Matthey shines amid FTSE weakness
The FTSE 100 takes a breather alongside other markets, while BAE Systems is the biggest single faller after a rating cut by JPMorgan
http://link.ft.com/r/EB8122/1O4R9F/HDBRE3/C42SOH/DXLA97/7V/h?a1=2013&a2=4&a3=12
 
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