The U.S. Treasury said on Monday it would sell all of the 7.7 billion Citigroup common shares it owns over the course of 2010 under a prearranged written trading plan.
Greece looked set to sell 5 billion euros ($6.7 billion) in the first test of investor appetite since a European-IMF debt support deal last week but demand was less than half that of an issue earlier this month.
Bank of America Corp <BAC.N> has hired four new executives in its global banking business, including three hires in Asia, as part of its continued push into international banking.
U.S. consumer spending rose as expected in February for a fifth straight month, while stagnant incomes pushed savings to their lowest level since October 2008, a government report showed on Monday.
Socks gained on Monday as debt-stricken Greece launched a sovereign bond issue, easing worries about its problems, while investors were hopeful about key jobs data later this week.
By Matt Isaacs and Reuters staffLate last autumn, a Hong Kong jury convicted four men of a conspiracy to commit bodily harm and a fifth of soliciting a murder.
Debt-stricken Greece returned to capital markets on Monday for the first time since euro zone leaders agreed to give it a financial safety net, but the foggy rescue plan did little to reduce its borrowing costs.
Stocks opened higher on Monday as Greece launched a sovereign bond issue, easing concerns about the country's debt problems, while investors were optimistic about key jobs data later this week.
British fund firm Jupiter's high-profile investor in financial stocks, Philip Gibbs, has put more than half his fund into cash as uncertainty around the UK election and western government debt hamper visibility.
British cancer specialist Antisoma <ASM.L> suffered a body blow on Monday as a lung cancer drug being developed with Novartis <NOVN.VX> failed in a late-stage trial, sending its shares plunging 70 percent.
Wall Street was poised for a higher open on Monday as Greece launched a sovereign bond issue, easing concerns about the country's debt problems, while investors were optimistic about key jobs data later this week.
29/03/2010 10:24 AM
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