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By Robert Schmidt and Michael J. Moore, Bloomberg |
August 3, 2012
The trading losses at Knight Capital Group Inc. renewed pressure on Washington regulators to prove they are equipped to protect investors in markets that are increasingly computerized and fragmented.
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By Silla Brush, Bloomberg |
July 31, 2012
The review, a copy of which was obtained through a public records request, was conducted while Gensler and the CFTC were under criticism from lawmakers for their oversight of MF Global
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By Lucy Meakin, Bloomberg |
July 19, 2012
The dollar fell against all of its 16 most-traded peers as speculation the Federal Reserve and the Chinese government will take further steps to encourage economic growth damped demand for safer assets.
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By John Detrixhe, Bloomberg |
July 19, 2012
Barclays Plc’s admission that it rigged the London interbank offered rate shows regulators, central bankers and politicians weren’t paying attention when everyone from Citigroup Inc. to the Bank for International Settlements indicated that the measure was being manipulated.
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By Joshua Zumbrun and Craig Torres, Bloomberg |
July 17, 2012
Federal Reserve Chairman Ben S. Bernanke said progress in reducing unemployment is likely to be “frustratingly slow” and repeated the Fed is ready to take further action to boost the recovery, while refraining from discussing specific steps.
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By Susanne Walker, Bloomberg |
July 16, 2012
Treasury five-year note yields fell to record lows as an unexpected decline in retail sales for a third straight month raised concern the economic recovery is stalling and drove investors to the refuge of government debt.
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By Cheyenne Hopkins and Caroline Salas Gage, Bloomberg |
July 13, 2012
Timothy F. Geithner sent Bank of England Governor Mervyn King recommendations in 2008 to revamp the London interbank offered rate
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By Phil Mattingly, Bloomberg |
July 3, 2012
In the U.K., a record fine for Barclays Plc has triggered outrage from lawmakers and forced resignations from the bank’s top executives. In the U.S., Wall Street’s defenders in Congress are sticking by the industry
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By Daniel P. Collins |
June 19, 2012
JP Morgan Chairman and CEO Jamie Dimon faced a little more hostility at Tuesday’s hearings of the House Financial Services committee than last week’s hearings
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By Dawn Kopecki, Phil Mattingly and Steven Sloan, Bloomberg |
June 19, 2012
U.S. House members criticized regulators today for failing to detect JPMorgan Chase & Co.’s loss of at least $2 billion on risky derivatives trades and pressed for additional measures to ensure similar losses don’t occur in other banks.