Barclays Under Two More Inquiries, Invesco’s New Chairman: Financial Business Review

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Barclays (NYSE:BCS) concedes that it is the focus of two additional inquires in the United States as the Securities and Exchange Commission and the Justice Department are looking at whether the company has violated the Foreign Corrupt Practices Act. For its part, the bank implies, without being specific, that the investigation is linked with payments to investors in Qatar who helped it avoid a taxpayer bailout.

Invesco Mortgage Capital (NYSE:IVR) chooses James Balloun as its Chairman of the Board, effective immediately. Balloun has been on the board since the firm’s 2009 IPO, serving on the Audit and Compensation committees among other positions. The previous Chairman, Neil Williams, passed away in the summer.

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Shares of American Capital Agency (NASDAQ:AGNC) move up subsequent to Monday’s earnings release and repurchase announcement. Perhaps of most interest was a fall in the CPR, which does not square with either the mortgage refinance boom or other mortgage real estate interest trust reports.

National Bank of Greece (NYSE:NBG) shares plummet as investors ignore the government’s forecast of economic growth redounding in 2014. Once more, a deadline for additional bailout funds is looming and again, there are the usual threats from the European Union majors causing speculation that this time they mean “no.”

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