By Justin Baer and Francesco Guerrera in New York
US regulators have told banks not to increase dividends or buy back shares until political and economic uncertainty surrounding the industry dissipates, in a move that will delay by months the return of capital to shareholders.

Thomas Sowell
Tuesday, March 09, 2010
Abraham Lincoln once asked an audience how many legs a dog has, if you called the tail a leg? When the audience said “five,” Lincoln corrected them, saying that the answer was four. “The fact that you call a tail a leg does not make it a leg.”
That same principle applies [...]

By Lucy Farndon
Last updated at 11:11 AM on 09th March 2010 
London will become the most highly taxed financial centre in the world when the new 50 per cent income tax rate for those earning £150,000 or more comes into force next month.
Taxes will be higher than for financial workers living in the other key centres [...]

by Karey Wutkowski | Reuters
March 9,2010
WASHINGTON – Members of the Senate Banking Committee drafting financial reform have “about reached a balance” on the controversial consumer watchdog proposal, Republican Senator Bob Corker said on Tuesday, indicating a bipartisan deal could be reached soon.