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Morgan Stanley CEO involved in Facebook IPO

It's no secret that Morgan Stanley had a lot riding on the Facebook deal.

Wells Fargo steers clear of JPMorgan-like trading activity

In the wake of JPMorgan's multi-billion dollar trading fiasco, other big banks have moved to make clear to analysts that they do not engage in the sort of "hedging" that caused so much carnage at JPMorgan.

Fidelity's massive Facebook woes

Reuters notes that Fidelity, the mutual fund and retail brokerage powerhouse, is working with "thousands" of customers to resolve issues related to the botched Facebook IPO.

Should Jamie Dimon resign from NY Fed bank?

In the aftermath of the multi-billion trading fiasco, Elizabeth Warren, the mother of the CFPB and a candidate for Senate, Tim Geithner, Treasury Secretary, Sen. Bernie Sanders and others have called on Jamie Dimon to step as a director of the New York Federal Reserve Bank.

John Paulson's gold positions anger investors

It's been a tough 18 months for John Paulson, once one of the brightest stars in the hedge fund firmament.

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FierceFinanceIT

When Nasdaq OMX botched the Facebook IPO, it was a rank PR disaster.

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The market for core systems in the banking industry remains quite mature, and some might characterize it as graying.