Money & Company

Tracking the market and economic trends
that shape your finances.

« Previous Post | Money & Company Home | Next Post »

Wall Street Roundup: Bank of America's block. Dimon's two cents.

June 14, 2011 |  8:20 am

Wall sign -- stan honda afp getty images Gold: Trading now at $1,517 per ounce, up 0.1% from Monday. Dow Jones industrial average: Trading now at 12090.26, up 1.2% from Monday.

Good morning. Investors are liking stocks Tuesday morning after some encouraging data about American retail sales and the Chinese economy.

Bank of America's block. Federal regulators are accusing Bank of America of trying to hinder an investigation into the bank's foreclosure practices.

Goldman's turn. Goldman Sachs has turned in recent weeks from villain to victim, the firm's recent biographer writes.

Dimon's two cents. JPMorgan CEO Jamie Dimon elaborates, and adds nuance, to his contention that regulation of financial companies could slow the economic recovery.

Wall Street woes. An analyst at RBC is the latest to suggest that Wall Street banks are likely to see slower growth ahead because of new regulations.

-- Nathaniel Popper in New York

Credit: Stan Honda / Getty Images