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By Press Release |
May 16, 2013
CFTC claimed defendants solicited 2,000 customers then misappropriated at least $9.6 million of pool funds for personal use.
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By Silla Brush, Bloomberg |
May 16, 2013
JPMorgan Chase & Co., Goldman Sachs Group Inc. and the world’s largest banks won rollbacks in final Dodd-Frank Act rules that promise to transform the private swaps market by increasing competition.
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By Debarati Roy, Bloomberg |
May 16, 2013
Billionaire investor George Soros joined Northern Trust Corp. and BlackRock Inc. in cutting holdings of exchange-traded products backed by gold before a bear market in prices last month.
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By Lorraine Woellert, Bloomberg |
May 16, 2013
Starts of new U.S. homes fell more than forecast in April to a five-month low, indicating a pause in the industry’s progress as builders slowed work on apartments. Building permits surged to an almost five-year high.
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By Renee Dudley, Bloomberg |
May 16, 2013
Wal-Mart Stores Inc., the world’s largest retailer, forecast second-quarter profit that was less than analysts estimated as consumers struggle amid the slow U.S. economy and higher taxes.
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By Shobhana Chandra and Alex Kowalski, Bloomberg |
May 16, 2013
More Americans than projected filed applications for unemployment benefits last week, which may raise concern the slowdown in economic growth is prompting an increase in firings.
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By Silla Brush |
May 15, 2013
The world’s largest banks are set to win a rollback in final Dodd-Frank Act rules intended to transform the swaps market.
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By Press Release |
May 15, 2013
Trading volume in local currency Asian bonds has grown from less than an annual $500 billion in 2008 to more than $1 trillion in 2012.
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By Agnieszka Troszkiewicz |
May 15, 2013
LCH.Clearnet, which clears LME trades, plans to triple a fee levied on contracts before the LME takes over clearing itself next year.
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By Mark Deen, Bloomberg |
May 15, 2013
The French economy fell back into recession, increasing pressure on President Francois Hollande to adopt policies to revive growth.
