China Natural Resources Receives NASDAQ Minimum Bid Price Requirement Extension

MarketWatch
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JPMorgan Chase & Co. (JPM) CEO Jamie Dimon is working to raise additional capital for First Republic Bank (FRC) The Wall Street Journal reported at midday. Citing sources familiar with the situation, the WSJ said Dimon is leading banks in a fresh campaign to shore up First Republic Bank. Eleven banks last week placed $30 billion in deposits with First Republic, but the bank still reported lower deposits late Thursday.
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Jamie Dimon Leading Efforts to Craft New First Republic Bank Rescue Plan
The JPMorgan Chase chief executive is leading discussions with the chief executives of other big banks about fresh efforts to stabilize troubled First Republic Bank.
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Barrons.com
This Bank Is Buying Signature Bank Assets. Its Stock Is Soaring.
Much of what was once Signature Bank of New York is being acquired by a subsidiary of New York Community Bancorp, the Federal Deposit Insurance Corp. said Sunday, one week after the bank was shut down by regulators. New York Community Bancorp stock was soaring Monday. Starting Monday, Signature Bank’s 40 branches will operate under Flagstar Bank, a subsidiary of New York Community Bancorp (ticker: NYCB), the FDIC said, adding that all deposits assumed by Flagstar will be insured by the FDIC up to its limit of $250,000.
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SmartAsset
Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution
I am 66 years old, still working and with very good health insurance. My company does not have a 401(k). I do have an individual retirement account (IRA) with approximately $120,000 invested. I contribute $272 per month, yet my program … Continue reading → The post Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution appeared first on SmartAsset Blog.
4h ago
Reuters
Switzerland wakes to new era after historic bank merger; employees 'shocked'
Switzerland awoke to a new era on Monday after UBS swept up Credit Suisse in a government-brokered rescue that dented the country's long-held pride in its banking expertise. A bank employee association said it was deeply shocked by the potential consequences from the deal to save the 167-year-old Credit Suisse after customer and market confidence in the lender evaporated. In a package orchestrated by Swiss regulators on Sunday, UBS will pay 3 billion Swiss francs ($3.23 billion) for Credit Suisse and assume up to $5.4 billion in losses.
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Yahoo Finance
What Wall Street is saying about UBS buying Credit Suisse
Wall Street largely sees positive signs while digesting the historic deal.
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MarketWatch
10 most lucrative places where older Americans can sell their homes, maximize profit and retire elsewhere
About 60% of migrating retirees are moving to less pricey places — and typically extracting $100,000 of home equity in the process. Retirees moving out of their primary residence on the West Coast (Washington, Oregon and California) are most likely to be able to maximize the home equity they built up, and then retire and relocate. Similarly, retirees in the Northeast (New York, Massachusetts, New Jersey, Maryland and Washington DC) are also well positioned to come out of a home sale with cash in hand, the Vanguard report reveals.
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The Wall Street Journal
Here’s What Happens at the IRS After You File Your Taxes
Finally last month, Mr. Amy contacted the Taxpayer Advocate Service, an independent watchdog within the IRS, and a representative told him that his return was under review, and to keep waiting. The IRS says it delivers nine out of 10 tax refunds within 21 days, a time frame that hasn’t changed for e-filed returns in two decades. For taxpayers filing on paper, refunds can take four weeks or more, the IRS says.
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China Natural Resources Receives NASDAQ Minimum Bid Price Requirement Extension

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