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Lloyds Banking Group Expects Profit This Year

Lloyds Banking Group of Britain said Friday that it expects to report a profit this year as trading has so far been strong and provisions for bad assets are not as large as previously forecast, The Associated Press reported. (original story)

Pricing risk redux

Is there a reason this chart — from Alan Greenspan’s Brookings paper — stops in September 2009?The former Federal Reserve chairman is offering his explanation... (original story)

Snap news

Breaking pre-market news on Friday,- Lloyds sees profitable 2010, says trading performance strong – statement.- African Barrick Gold IPO priced at 575p per share –... (original story)

On the trail of the PDCF CLOs

When, in the spring of 2008, there came a sudden burst of CLO issuance, there was some speculation that the securitisations were being created to take advantage of a new Federal Reserve facility.... (original story)

Markets Live transcript 19 Mar 2010

Markets Live chat transcript for the chat ending at 12:14 on 19 Mar 2010. Participants in this chat were: Neil Hume, FT Bryce Elder NH good morningNH we have opened for... (original story)

Data Points: Energy & Metals

Nymex crude fell $0.73 per barrel, or 0.88% to $82.20. Nymex natural gas fell 21.8 cents per million BTU’s, or 5.07% to $4.085. Comex gold gained $3.40, or 0.30% to $1127.40. (original story)

Retail FX hustlers await their fate

On Monday, the CFTC will issue its decision on leverage caps in the forex punting business. It’s a make or break moment for all those firms that offer margin trading to those... (original story)

Data Points: U.S. Markets

The Dow Industrials rose 45.50 points, or 0.42% to 10779.17. The Nasdaq Composite added 2.19 points, or 0.09% to 2391.28. The S&P 500 lost 0.38 points, or 0.03% to 1165.83. (original story)

Comparing the House and Senate Financial Reform Bills

President Obama and Congress have vowed to enact the farthest-reaching overhaul of financial regulations since the Depression. The Times compares the bills in the House and Senate. (original story)

SNB Watch Begins as Franc Climbs

The Swiss franc is edging up to its strongest level on record against the euro, putting market watchers on alert for a fresh intervention from the Swiss National Bank to shove it back down. (original story)








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