The banking giant said it was scaling back its Investment banking operations and shedding an additional 650 jobs. . Bank of America Curbs Investment Banking (NYTimes.com via Yahoo! Finance)
The Supreme Court unanimously ruled that Investment-advice fees incurred by trusts and estates are subject to routine limits if claimed on federal tax returns. Investment-Advice Fee Ruling (WallStreet Journal via Yahoo! Finance)
Singapore's multi-billion-dollar Investment in Citigroup marks the third time in a month that the city-state has stepped in to help shore up an ailing global financial institution. Singapore plays saviour again with billion dollar Citigroup Investment (AFP via Yahoo! News)
Legal problems faced by US buyout firm Lone Star are scaring away much-needed foreign Investment in South Korea, a US business group said Wednesday. Lone Star case deterring Investment in SKorea: commerce chamber (AFP via Yahoo! News)
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