PRESS DIGEST - Wall Street Journal - April 11

Thu Apr 11, 2013 2:07am EDT
 
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April 11 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

* Luxembourg has shifted its banking policy, saying it would exchange information with the rest of the European Union about EU holders of bank accounts in the country, another step in Europe's crackdown on tax evasion. ()

* The European Union proposed an expansion of the bloc's powers to protect companies in Europe against unfair competition from abroad, a sign of an increasingly combative stance seen aimed at checking China's rising export power. ()

* Some of the biggest banks and investment firms on Wall Street were among those that received minutes of the Federal Reserve's latest policy meeting 19 hours before the market-sensitive document was released. ()

* JPMorgan Chase & Co's Chief Executive James Dimon, renewed his apologies to shareholders for last year's multibillion-dollar trading fiasco, and an investor that has pushed for corporate-governance changes at large financial firms said it would focus this proxy season on changing the bank's board. ()   Continued...