What we're reading 'round the Web.
Short seller wants to whistleblow for SEC Former Muddy Waters LLC short seller Jon Carnes has applied for whistleblower status from the SEC. After receiving multiple threats in China, Carnes is presently hiding out in Vancouver.
Bank stress tests “of limited value”: OSFI Julie Dickson warns financial institutions that stress tests occasionally do more harm than good by providing players with a false sense of security.
China Everbright Bank is back on runway with IPO After nearly a year of anticipation and delays caused by market volatility, it’s reported that China Everbright Bank Co. has put forth an IPO request in Hong Kong. The offering is expected to be announced at offering to be less than $2-billion, down from the $6-billion originally planned.
Goldman Sachs loses just one day Goldman Sachs Group Inc. traders lost money on just one day in the first quarter of this year. That’s much better than the 17 days in the past three. The numbers haven’t been this good for GS since Q1 of last year.
First Leaside continued to raise millions after troubling report Regulators are investigating the time frame between the publishing of a report on First Leaside Group of Companies and a cease trade in early November. The main issue: what investors were told — or not told — when they put their money into the firm.
HSBC shopping around its Latin American units In its latest effort to focus on a small number of core markets, HSBC announced that it was in talks over the potential sale of its operations in several Latin American countries.
Why CP’s old-time bondholders have a big say in the future Notes first issued in 1889 give bearers 4 per cent interest, and the right to a rich payout in gold if things go wrong.
Video: No growth ain’t all bad Jeff Rubin outlines the upside of a more crowded, more sustainable world.
CIC has had its fill of European debt China’s sovereign wealth fund has halted buying of European government debt.