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U.S. Will 'Soon Get Messy' Again: Roubini

American Flag

The eleventh hour deal reached to avert the fiscal cliff in the U.S. merely masks the bleak long-term outlook for the country, Nouriel Roubini said in an opinion piece published in the Financial Times newspaper on Thursday.

U.S. Mortgage Firms Said to Near $10bn Settlement

Pile Of Coins

U.S. regulators led by the Office of the Comptroller of the Currency will replace a largely fruitless effort to find victims of botched foreclosures at the 14 biggest mortgage servicers with flat penalties, five people briefed on the talks said.



Barclays Sign

Barclays selects JPMorgan as new broker

Barclays has picked JPMorgan to replace Credit Suisse as a corporate broker amid a review of the bank’s performance by new Chairman John McFarlane. Deutsche Bank retained its advisory role.