Here's a look at what's news in banking and finance this morning:
- A group of analysts is saying that a Mitt Romney victory over President Obama in November could help big banks' stock prices, Bloomberg reports.
- The Justice Department is reaching out to smaller national banks to see if they would be interested in joining the $20 billion to $25 billion settlement over robosigning and other mortgage malpractices being finalized with the five largest servicers, Reuters says.
- Big banks are now banding together to find ways to protect themselves from cyber attacks, the Wall Street Journal reports.
- While investment banking bonuses are expected to be the lowest since 2008, the pay-to-revenue ratio might still tick higher, the New York Times says.
2 comments:
Banks and everybody else too.
Enough already! Vote Ron Paul
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