Finance News – Medicare, Deutsche Bank, Netflix, Standard Chartered Plc, Potential Pact On Medicare Changes Could Lead To Budget Deal
The New York Times reports that a possible agreement between President Barack Obama and congressional Republicans on “broad systemic changes to Medicare” could help spur a budget deal. And The Wall Street Journal reports the White House is weighing inclusion of some entitlement changes in its 2014 budget proposal as a way to prod further talks.
Deutsche Bank probe finds incomplete data given to prosecutors
FRANKFURT (Reuters) – An internal investigation at Deutsche Bank has found that incomplete data related to a carbon tax fraud probe were handed over to prosecutors, German magazine Der Spiegel said on Friday. The probe is one of several legal headaches with which Germany’s biggest lender is grappling. The bank declined to comment on the report in Der Spiegel, Germany’s most influential weekly news magazine. The magazine, which did not cite any specific sources for its information, said some data relevant to the prosecution’s probe might have been deleted by an automated process. …
Netflix: S&P 500?s Best Stock of 2013
According to FactSet, five stocks in the S&P 500 have surged 50% or more since the beginning of the year, and movie renter Netflix is No. 1 overall.
StanChart’s top 16 staff get million payday
LONDON (Reuters) – Asia-focused bank Standard Chartered Plc paid 16 top executives and bankers .6 million last year, including .2 million for the head of its investment bank Mike Rees.