Executive Compensation

US regulator said slow to see mortgage servicing risk

WASHINGTON, June 1 - The chief regulator of U.S. national banks did not pay enough attention to how lenders process home foreclosures and underestimated the risks it posed until problems broke into the open in late 2010, the Treasury Department's inspector general said in a report released on Friday.

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Allergan wins new trial in big Botox damages case

June 1 - Allergan Inc has been granted a new trial in a case brought by a man who won a $212 million jury verdict last year after claiming he was disabled by taking Botox injections.

Healthcare, Stocks, Regulatory News, Markets 01 Jun 2012

JPMorgan fined for wash trades in oil, gasoline

NEW YORK - JPMorgan Chase & Co executed wash trades on 10 separate occasions in U.S. crude oil and gasoline futures in the first half of 2011, the operator of the New York Mercantile Exchange (NYMEX) said in a disciplinary notice on Friday.

01 Jun 2012

UPDATE 4-JPMorgan fined for wash trades in oil, gasoline

* Bank's trading under scrutiny after 'London Whale' losses

Stocks, Regulatory News, Mutual Fund Center, Markets, ETFs News, Financials 01 Jun 2012

Nasdaq plays tough with clients angry over Facebook

NEW YORK - It's crisis communications 101 for Corporate America: when a company bungles an event as big as the Facebook IPO, alienates customers, and spawns lawsuits and regulatory inquiries, the CEO apologizes and agrees to provide compensation to make things right. Everyone can then move on.

Tech, Media, Facebook, Money 01 Jun 2012

UPDATE 1-Nasdaq plays tough with clients angry over Facebook

NEW YORK, June 1 - It's crisis communications 101 for Corporate America: when a company bungles an event as big as the Facebook IPO, alienates customers, and spawns lawsuits and regulatory inquiries, the CEO apologizes and agrees to provide compensation to make things right. Everyone can then move on.

Stocks, Regulatory News, Markets, Financials, Technology, Industrials, Media 01 Jun 2012

Dewey ex-partners, creditors to advise on bankruptcy

June 1 - A committee of four former Dewey & LeBoeuf partners has been set up in the law firm's bankruptcy case, giving them a seat at the table in the wind-down of the crippled firm.

Stocks, Regulatory News, Mutual Fund Center, Bonds News, Bonds, Markets, ETFs News, Bankruptcy, Cyclical Consumer Goods, Financials, Industrials, Media 01 Jun 2012

Irish "yes" to give euro zone scant respite

DUBLIN/ATHENS - Ireland was poised to announce a "yes" vote to a European budget discipline treaty on Friday, but the referendum result brings little respite to a euro zone tormented by doubts over Greece's future in the currency bloc and Spain's wobbly banks.

Greece, Ireland 01 Jun 2012

Deepening crisis forces Merkel to re-examine euro taboos

BERLIN - How far is Germany prepared to go to save the euro zone?

Germany, Greece 31 May 2012

Jobs data points to recovery losing momentum

WASHINGTON - Private payroll growth picked up only slightly in May and claims for jobless benefits rose last week, suggesting the U.S. labor market recovery was losing steam after a strong performance early in the year.

31 May 2012

Director's cut: Best-paid corporate boards

A seat on a corporate board is nice work if you can get it, especially at three companies that pay their directors more than $100,000 per meeting. A Reuters Special Report.  Full Article