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.


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SocGen names new head of international retail

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.


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Oracle to appeal U.S. copyright damages case: SAP

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.


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Nomura's Vereker quits top role, seen leaving

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.


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