Big U.S. banks are beginning to loosen their tight grip on lending.
Wall Street Journal
Big banks are beginning to loosen their tight grip on lending, creating a new opening for consumer and business borrowing that could underpin a brightening economic outlook.
shared by Naked Capitalism, @morningmoneyben, NYT Dealbook, @ToddSullivan, @nasiripour
 

India’s Rajan warns global co-operation on money policy ‘broken’
Financial Times
India‘s central bank governor has hit out at the US and other industrialised countries for running selfish economic policies as their recovery leads to turmoil in emerging markets.
shared by @TFMkts, @prchovanec, @BCAppelbaum, @YanniKouts, @edwardnh, @rodrikdani
 

The Incredible Shrinking Credit-Default Swap Market
Bloomberg Businessweek
Trading credit-default swaps isn’t the business it used to be.
shared by @AmyResnick, @TFMkts, @nasiripour, @ReformedBroker, @pcdunham
 

Main features of the 2014 EU-wide stress test
European Union
shared by @LemaSabachthani, Here Is The City, @GTCost
 

Submerging markets are not the norm (so far)
Financial Times
It’s easy to get the impression from the media that a new emerging market crisis is upon us. I wouldn’t rule it out, but so far what we’ve seen barely counts as a crisis even in countries such as Turkey, hit the hardest.
shared by @Convertbond, @peter_tl, @edwardnh, @Pawelmorski
 

Did Someone Insider Trade on Obama’s MyRA?
Bloomberg
Is there any connection between a company whose ticker symbol is MYRA, a surge in its share price and a plan by President Barack Obama to start a government savings plan for low- and moderate-income workers called MyRA?
shared by @JacobWolinsky, NYT Dealbook, @danprimack
 

Ben Bernanke Deserves Our Appreciation
New Yorker
This weekend, the soft-spoken former Princeton professor leaves the Fed and takes a well-earned rest.
shared by @ritholtz, @MarkThoma, reddit/Economics, @davidmwessel
 

When Good Models Go Bad
A Dash of Insight
What do you do when your trading system goes wrong? Two possibilities: Has the world changed? Do you still have an edge? Or is this a "blip" that is within the expected error tolerance?
shared by @JacobWolinsky, Crossing Wall Street, @firoozye
 

Ray Dalio — founder of world’s largest hedge fund Bridgewater Associates — talks ego, his philosophies at work
CBS News
Leader of hedge fund managing some $150B discusses, among other things, income inequality and what he says what he still wants after all of his success.
shared by @cullenroche, NYT Dealbook, @wonkmonk_
 

With Wall Street’s Support, Jeff Bezos Can Conquer the World Without Earning a Profit
Slate
There’s a reason that most companies try to make healthy profit margins: financial markets demand it. Only a Wall Street darling, a firm whose senior leadership has the confidence of markets, could get away with being as daring as Amazon is.
shared by @hblodget, @TimOBrien
 

Microsoft Said to Be Preparing to Make Satya Nadella CEO
Bloomberg
Microsoft Corp.’s board is preparing to make Satya Nadella, the company’s enterprise and cloud chief, chief executive officer and is discussing replacing Bill Gates as chairman, according to people with knowledge of the process.
shared by @pkedrosky, @HamzeiAnalytics, Huffington Post, @Techmeme
 

China kills off discussion on Weibo after internet crackdown
The Telegraph
Exclusive: An aggressive crackdown on Sina Weibo has seen numbers of postings on the Twitter-like microblogging site plummet according to research commissioned by the Telegraph.
shared by @joshchin, @AntDeRosa, @larsonchristina, @niubi, @goldkorn, @gadyepstein
 

SEC Charges N.Y.-Based Money Manager and Firm for Misleading Advertisements
SEC.gov
SEC Charges newsletter writer promoted by Suze Orman over misleading tweets.
shared by @BarbarianCap, Here Is The City, @footnoted, @NicTrades, @StockJockey, @moorehn
 

‘Young Money’ – harsh things you need to know from the new Liar’s Poker by Kevin Roose
efinancialcareers.com
Want to know what it s really like as a junior banker? A timely new book following eight young Wall Streeters clarifies all.
shared by @JacobWolinsky, @tracyalloway, @EpicureanDeal, @IvanTheK