British ad agency WPP affected by cyber attack - spokesman
LONDON, June 27 Britain's WPP, the world's biggest advertising agency, said on Tuesday it had been hit by a cyber attack, one of many major corporations to face major disruption.
NEW YORK, March 30 A JPMorgan economist said on Thursday he expected the U.S. Federal Reserve to start paring the size of its $4.5 trillion balance sheet in early 2018 with a focus on ending its reinvestment in mortgage-backed securities.
"In our baseline projection, the Fed slowly phases out MBS reinvestments beginning in the spring of next year, never halts reinvestments of Treasuries, never sells MBS, and reaches its new optimal size of the balance sheet in early 2024, with excess reserves in the banking system of $500 billion," JPMorgan economist Michael Feroli wrote in a research note. (Reporting by Richard Leong; Editing by Chizu Nomiyama)
* Bioanalytical Systems Inc - entered into a credit agreement with first internet bank of indiana - sec filing
BASEL, June 27 Switzerland's Syngenta, the crop protection company acquired by ChemChina, has vowed to bulk up its seeds business and join the chase for assets rival Bayer must sell to gain regulatory approval for its takeover of Monsanto.