Topic: Investment Services

BofA looking to expand business in China: report

NEW YORK (Reuters) - Bank of America Corp <BAC.N>, the largest U.S. bank, plans to seek approval to expand its operations in China, the Wall Street Journal reported on Sunday, citing people familiar with the situation. According to the Journal, the bank is considering incorporating locally in ...
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Pros and Cons of Futures Trading For Stock Speculation

Futures contracts were originally designed as hedging tools or ?insurances? for the trading of commodities like wheat. As the production of wheat takes a long time and prices may change for the better or worse during that year those wheat takes to grow to maturity, the buyer of the wheat ...
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Lehman balance sheet massaging may not be unusual

NEW YORK (Reuters) - On Wall Street, massaging the balance sheet is a time-honored practice. But did Lehman Brothers Holding Inc <LEHMQ.PK> cross a line in the routine manipulation of its balance sheet, as described by an independent examiner? That is the central question to emerge from the ...
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Lehman Brothers Bankruptcy

Lehman Brothers Bankruptcy
FILE - In this Oct. 6, 2008 file photo, Lehman Brothers Holdings Inc. Chief Executive Richard S. Fuld Jr., testifies before the House Oversight and Government Reform Committee on Capitol Hill in Washington, on the collapse of Lehman Brothers. A report by U.S. bankruptcy-court examiner faults Lehman Brothers executives and ...
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