Central banks question Bloomberg data confidentialityCharla Jones/The Globe and Mail
Can't-miss stories from the Web
Red faces at Bloomberg
After it was revealed that Bloomberg journalists had been snooping on the company's Wall Street clients, several private equity firms are now pushing hard to find out if any M&A data was leaked, and whether it may have affected any deals.
Jamie and Lloyd, foul weather friends
Goldman Sachs CEO Lloyd Blankfein, no stranger to scrutiny, appears to be a strong shoulder for JPMorgan's Jamie Dimon to lean on while JPMorgan shareholders consider a non-binding vote to strip him of his chairmanship.
Meanwhile, Mr. Blankfein is facing down his own shareholder issues, after proxy advisory firm Glass Lewis recommended voting against the company's executive compensation proposal because the bank has "failed to link pay with performance".
Busted
Documents seen by Reuters confirm Cyprus' reputation as an "offshore economy used as a conduit for people, particularly Russians, to hold large sums of money, often to avoid paying tax and without too much scrutiny".
Wall Street is back
Five years on from the global financial crisis, U.S. banks are back on top. But measures to avoid another calamity are not yet in place.
(Jody White is the Web Editor for Streetwise.)
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