BNET Financial Services

Today’s Top Finance News and Analysis

• Oil Brokerage PVM Names Rogue Trader Behind Oil Spike

  Reuters - 10 hours 49 minutes ago

  By David SheppardLONDON (Reuters) - PVM Oil Futures Limited said on Friday Steve Perkins, a senior broker based at the firm's London office, was responsible for unauthorized trades earlier this week which landed the firm with a loss of nearly $10 million.The London-based brokerage said Perkins had taken the positions...

  • 'Rogue broker' blamed for oil spike | Financial Times

• Woolworths.co.uk success ... Gordon Ramsay slumps ... Luxembourg tax pact

  Times Online - 23 hours 35 minutes ago

  View video and Need to Know interactive heatmap...

  • Valad safe in BOS deal | The Australian
  • Valad hands assets to bank | The Australian

• Nicely placed Greene King welcomes back customers

  Times Online - 23 hours 35 minutes ago

  The chill wind of recession that wreaked havoc with the pub trade is being dissipated by the hot weather, according to Greene King, operator of the Hungry Horse and Loch Fyne chains#46...

  • Warm weather helping Greene King | BBC

• Don't look back in anger

  The Australian - 23 hours 42 minutes ago

  WALL St couldn't cope with worse than expected unemployment data that showed 467,000 Americans lost their jobs...

  • Jobs data dash recovery hopes | Financial Times

• US FDIC proposes tough private equity guidelines

  Business Spectator - 1 day ago

  New rules to apply to private equity groups on hunt to buy failed banks. 3 Jul 2009 9:02 AM...

  • Buy-out groups face conditions on bank deals | Financial Times

• Unemployment hits 9.5 per cent in US

  news.com.au - 1 day ago

  UNEMPLOYMENT rates in both the US and the 16 Euro countries have reached 9.5 per cent, as companies continue to cut jobs due to the economic crisis...

  • Eurozone jobless at 10-year high | The Australian

• Warren Buffett donates $US1.5 bln Berkshire shares$

  Business Spectator - 1 day ago

  Billionaire investor donates shares as pledged to Bill and Melinda Gates Foundation, others. 3 Jul 2009 6:25 AM...

  • Warren Buffett donates $1.5 billion Berkshire shares$ | Reuters

• With Rates on Hold, ECB's Trichet's Quite Complacent for the Moment

  Seeking Alpha - 1 day ago

  The Prudent Investor submits: It's summertime and the livin' is... (fill with adjective best describing your situation.) The European Central Bank (ECB) has gone into a wait and see mode, leaving main interest rates unchanged and forecasting a return to mild inflation after Eurostat had issued a...

  • ECB's Trichet Quite Complacement for the Moment - Rates on Hold | The Money Blogs

• US marshals begin seizure of Madoff property in NY

  Business Spectator - 1 day ago

  Luxury $US7 million Manhattan apartment owned by accused fraudster to be seized. 3 Jul 2009 5:32 AM...

  • U.S. marshals seize Madoff's $7 million NY apartment$ | Reuters

• Allens staff choose to walk

  The Australian - 1 day ago

  MORE than 100 Allens Arthur Robinson staff have left the top-tier firm, choosing to take voluntarily redundancies, in a move that will avoid a firm-wide forced redundancy program...

  • None forced as 114 Allens workers walk | Business Spectator

• Uncovering The Goldman Sachs Myths
• Japanese Banks Need Stronger Shareholder Relations To Expand
• UBS-Jeffries Case Reveals That Without Bonuses, Investment Banking Doesn't Work
• Steve Jobs’s Preferential Treatment Highlights ‘Health Gap’
• Citi Gets Slammed By Congressional Oversight Panelist For Pay Hikes
• Further Deleveraging Threatens Health of Banking System As Risk of Writedowns Intensifies
• The First Signs Of A Two-Tiered Banking Structure Emerge
• Obama vs. the Insurers: A Cautionary Tale from the Sunshine State
• E*Trade's Customers Are Not Happy!
• How E*Trade Is Trading Its Way Out Of The TARP Era
• More Financial Services Insights