PRESS DIGEST-New York Times business news - March 18

Mon Mar 18, 2013 3:00am EDT
 
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March 18 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

* A decision to impose across-the-board losses on Cypriot depositors as part of a $13 billion bailout has set off increasing outrage and turmoil and fueled fears that bank runs there could spread to countries like Spain and Italy.

* An uncomfortable spotlight has swung back on Jamie Dimon, the influential chief of JPMorgan Chase & Co, as the trading hearing and the Senate panel's report on Friday detailed his role in the trading blowup, potentially creating fresh challenges for a chief executive long praised for his risk-management prowess.

* SAC Capital Advisors sees the $616 million fine as a victory, a good price for peace. Others say the Securities and Exchange Commission could have done far worse to a financier of Steven Cohen's means.

* Matthew Keys, the 26-year-old deputy social media editor at Reuters.com charged with assisting computer hackers, has emerged as the latest lightning rod in the continuing battle between proponents of internet freedom and the Justice Department.   Continued...