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JP Morgan says acted correctly in Monte Paschi case

MILAN (Reuters) - U.S. investment bank J.P. Morgan <JPM.N>, which is being investigated by Italian prosecutors probing Monte dei Paschi's purchase of a smaller rival, said on Wednesday it and its employees acted correctly at all times.Full story

Exclusive: Zulily hires banks for possible IPO - sources

SAN FRANCISCO (Reuters) - Zulily hired investment banks in recent weeks to advise the fast-growing e-commerce company on a possible initial public offering, according to two people familiar with the situation. Full story

Barclays says new watchdog targets could force lending cut

LONDON (Reuters) - Barclays <BARC.L> warned on Friday it may have to cut lending if it is forced to act quickly to meet new financial targets imposed by regulators, but the Bank of England said it will not accept any plans that hurt lending. Full story

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London new share listings revival driven by rising markets

Lehman Europe creditors to get further $5.5 billion payout

RBS axes 2,000 jobs in shake up of investment bank

Factbox: Foreign banks in Russia

Exclusive: Softbank asks banks not to finance Dish's Sprint bid - sources

Boutique investment bank Ledgemont seeks Chapter 7 bankruptcy

Banks paint wider targets after early misses

New rules to wipe out $17 billion in bank trading revenue: report

Wall Street analysts discuss paradigm shift: breaking up banks

Banks find new niche as activist campaigns grow

Video

  What Airline & Investment Banks Have in Common

CNBC's Gary Kaminsky compares investment banks to airlines and explains what you can learn from both groups.

  BofA Weighed Rebranding I-Bank With Merrill Name

CNBC's Kayla Tausche reports that BofA execs were toying with changing the name of the investment bank.

  Navigating a Changing Financial Landscape

How do zero interest rates and successive rounds of quantitative easing impact financial markets? Tom Buerkle, Institutional Investor, weighs in on the future of investment banks.

  Keep Commercial, Investment Banks Separate: Houston Texan...

Bob McNair, Houston Texans owner, discusses the "different culture" between a commercial and investment bank. "I do not think it's beneficial to have them combined," he says. "It's a soundness issue."

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Related Photos

A screen displaying stock market prices is seen at an investment bank in Riyadh
A screen displaying stock market prices is seen at an investment bank in Riyadh

A screen displaying stock market prices is seen at an investment bank in Riyadh, June 9, 2013. REUTERS/Faisal Al Nasser (SAUDI ARABIA - Tags: BUSINESS)

A broker monitors a screen displaying stock market index at an investment bank in Riyadh
A broker monitors a screen displaying stock market index at an investment bank in Riyadh

A broker monitors a screen displaying stock market index at an investment bank in Riyadh, June 9, 2013. REUTERS/Faisal Al Nasser (SAUDI ARABIA - Tags: BUSINESS)

Brokers monitor a screen displaying stock market index at an investment bank in Riyadh
Brokers monitor a screen displaying stock market index at an investment bank in Riyadh

Brokers monitor a screen displaying stock market index at an investment bank in Riyadh, June 9, 2013. REUTERS/Faisal Al Nasser (SAUDI ARABIA - Tags: BUSINESS)

Handout photograph of Rich Ricci
Handout photograph of Rich Ricci

Rich Ricci is seen in this undated handout photograph released in London April 18, 2013. Ricci, the boss of Barclays' investment bank who collected $26 million in deferred bonuses last month, is leaving the scandal-hit bank as its new chief executive seeks to cut back executive pay and repair its im