At Jackson Hole, a growing fear for Fed independence
JACKSON HOLE, Wyoming (Reuters) - Increasing political encroachment on the Federal Reserve, particularly from the Republican Party, could threaten the central bank's hard-won independence and undermine confidence in the nearly 100-year old institution.
PARIS (Reuters) - Societe Generale said it was replacing the head of its international retail operations, which have seen mixed results in markets such as Russia and Greece.
STUTTGART (Reuters) - U.S. business software maker Oracle has launched an appeal on a five-year long court case that could see SAP pay millions more in damages over copyright infringement.
LONDON (Reuters) - Prominent dealmaker William Vereker is stepping down as joint head of investment banking at Nomura , and has been given a new title, a move colleagues said would lead to his imminent departure.