-
By Lindsay Fortado, Bloomberg |
June 18, 2013
The former UBS AG and Citigroup Inc. derivatives trader was charged with eight counts of conspiracy to defraud at a central London police station.
-
By Lindsay Fortado, Bloomberg |
June 18, 2013
The former UBS AG trader at the center of a global investigation into manipulation of interest rates may face criminal charges this week.
-
By Marvin G. Perez and Alan Bjerga, Bloomberg |
June 17, 2013
The U.S. Department of Agriculture plans to spend about $38 million to buy domestic sugar in a bid to ease a glut that sent prices plunging this month to a four- year low.
-
By Andrea Tan and Sanat Vallikappen, Bloobmerg |
June 14, 2013
Singapore’s monetary authority censured banks for trying to rig benchmark interest rates and ordered them to set aside as much as S$12 billion ($9.6 billion) at zero interest pending steps to improve internal controls.
-
By Nicholas Larkin, Bloomberg |
June 14, 2013
Gold traders turned bearish for the first time in a month as investors reduced holdings in exchange-traded products for an unprecedented 17th consecutive week and India, the biggest buyer, announced curbs on imports.
-
By Lindsay Fortado, Ben Moshinsky and Jim Brunsden, Bloomberg |
June 14, 2013
Global regulators reportedly may start overseeing currency rates in a widening response to benchmark-rate setting scandals.
-
By Dan Levy and Heather Perlberg, Bloomberg |
June 13, 2013
Home repossessions in the U.S. jumped 11% in May after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks to complete foreclosures.
-
By Lisa Abramowicz, Bloomberg |
June 13, 2013
Wall Street’s biggest bond dealers are telling clients to shift from most fixed-income markets into U.S. stocks as deepening concern the Federal Reserve will pare unprecedented stimulus fuels the worst debt losses since 2011.
-
By Sam Mamudi, Bloomberg |
June 12, 2013
Exchange executives, long shielded from legal scrutiny in the U.S., have been put on notice that may be changing after federal regulators fined CBOE Holdings Inc. $6 million for unprecedented lapses in supervision.
-
By Liam Vaughan, Gavin Finch and Ambereen Choudhury |
June 11, 2013
Traders at some of the world’s biggest banks reportedly have manipulated benchmark forex rates.
