Wall Street fell after a softer-than-expected private jobs report and a decline in oil prices, while stocks in Europe gained ahead of a European Central Bank gathering that should reveal more about its plans for additional monetary stimulus. Oil prices fell after a report showing US crude oil inventories climbed to a fresh record for the eighth week in a …

JPMorgan Chase Bank’s New Zealand branch have been given a formal warning by the Reserve Bank for a four-month period in 2013 when it didn’t have appropriate risk assessment measures in place to meet anti-money laundering legislation. The central bank today issued a formal warning to the JPMorgan branch, saying it “has reasonable grounds to believe that for a period of approximately four …

New Zealand shares fell, led by Meridian Energy and MightyRiverPower as demand abated for companies with dependable dividend streams. Warehouse Group rose ahead of reporting its earnings this week. The NZX 50 Index fell 19.579 points, or 0.3 percent, to 5874.082. Within the index, 22 stocks fell, 19 rose and nine were unchanged. Turnover was $156 million. Overnight bond yields rally, as investors bet on the US economy recovery …