en-us Reuters UK) - Goldman Sachs Group GS is being sued by an institutional investor who claims the firm is preparing to pay out improper bonuses.The lawsuit, filed with the New York Supreme Court by the Security Police and Fire Professionals of America Retirement Fund, names chief executive Lloyd...]]> Thu, 17 Dec 2009 03:31:42 -0800 GS GS Reuters UK) - A report says that 38 percent of all U.S. stock trading is now done by firms that have "naked sponsored access" to markets, the controversial trading practice said to imperil the marketplace, and which faces a regulatory crackdown.Naked access gives trading firms, using...]]> Thu, 17 Dec 2009 02:49:18 -0800 GS JPM GS,JPM Reuters UK) - Citigroup C is nearing a deal with the U.S. government that would allow it to pay back its bailout money, several reports said on Sunday.The New York Times said Citigroup officials expect to raise about $18 billion (11.1 billion pounds) by selling stock in a...]]> Thu, 17 Dec 2009 02:47:32 -0800 BAC C GS JPM BAC,C,GS,JPM Reuters UK) - The U.S. House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and congressional Democrats.With the Senate due to debate similar reforms well into next year, the House voted 223-202 to...]]> Thu, 17 Dec 2009 02:27:47 -0800 AIG BAC C GS JPM MS NDAQ AIG,BAC,C,GS,JPM,MS,NDAQ Reuters UK) - Banks are likely to swallow the bulk of the cost of a shock UK tax on bonuses unveiled this week, rather than pass it on to staff or find loopholes, as more countries join the clampdown on payouts, industry experts and sources said.Britain slapped...]]> Thu, 17 Dec 2009 02:25:05 -0800 GS GS Reuters UK) - Goldman Sachs Group Inc GS plans to pay top managers their 2009 bonuses in stock, rather than cash, as it seeks to deflect outrage over a near-record pay haul months after it repaid billions of dollars in taxpayer aid.The decision to pay top...]]> Thu, 17 Dec 2009 02:19:32 -0800 BAC C GS BAC,C,GS Reuters UK) - Goldman Sachs Group GS plans to pay top managers their 2009 bonuses in stock, rather than cash, as it seeks to deflect outrage over a near-record pay haul months after it repaid billions of dollars in taxpayer aid.The decision to pay top managers...]]> Thu, 17 Dec 2009 02:16:36 -0800 BAC C GS BAC,C,GS Reuters UK) - Goldman Sachs Group GS plans to pay top managers their 2009 bonuses in stock, rather than cash, as it seeks to deflect outrage over a near-record pay haul months after it repaid billions of dollars in taxpayer aid.The decision to pay top managers...]]> Thu, 17 Dec 2009 02:16:00 -0800 BAC C GS BAC,C,GS Reuters UK) - Citigroup C is talking with the U.S. government about paying back its bailout money, but it is not clear whether a deal is imminent, a person familiar with the matter said on Thursday.The bank is hopeful, though, and is planning...]]> Thu, 17 Dec 2009 02:15:53 -0800 BAC C GS JPM MS WFC BAC,C,GS,JPM,MS,WFC Reuters UK) - Japan's Panasonic Corp said on Thursday it acquired 50.2 percent of Sanyo Electric Co Ltd , the world's largest rechargeable battery maker, completing a long-delayed 403.8 billion yen (2.8 billion pound) deal.The transaction had been widely expected to hand Panasonic a majority stake as Sanyo's...]]> Thu, 17 Dec 2009 01:54:52 -0800 F GS SANYY F,GS,SANYY