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By Daniel P. Collins |
December 14, 2012
Last week Democratic members of the House Financial Service’s Subcommittee on Oversight and Investigations offered an addendum to the staff report issued by committee chair Rep. Randy Neugebauer
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By Lindsay Fortado and Greg Farrell |
December 13, 2012
UBS AG may be fined more than $1 billion by U.S. and U.K. regulators for trying to rig global interest rates.
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By Press Release |
December 13, 2012
Newedge today announced it is considering a project to enhance its competitiveness in the new market environment and regulatory framework.
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By Dawn Kopecki |
December 11, 2012
JPMorgan Chase & Co. was pressed by U.S. regulators to strengthen investor disclosures on proprietary trading almost a year before a bad bet cost the bank $6.2 billion.
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By Michael McFarlin |
December 4, 2012
Democrat members of the House Financial Services Committee urged further regulatory action against MF Global in a report yesterday, saying the firm “blatantly misled” regulators about its sovereign debt holdings.
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By Sree Vidya Bhaktavatsalam, Bloomberg News |
December 4, 2012
Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.
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By Alanna Byrne |
November 16, 2012
On the heels of a Congressional report assigning blame for the firm's collapse, we offer our take on the most important executives, officials and regulators involved in the case
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By Michael McFarlin, Daniel P. Collins |
November 15, 2012
According to a report by the House Financial Service’s Subcommittee on Oversight and Investigations, the onus for MF Global’s bankruptcy and missing customer funds rests squarely on Jon Corzine, the firm’s former CEO.
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By Michael McFarlin |
November 14, 2012
Mistakes and decisions made by Jon Corzine directly led to MF Global’s collapse last year, according to a summary of findings from a probe led by U.S. House Republicans.
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By Nikolaj Gammeltoft and Alexis Xydias, Bloomberg |
November 12, 2012
U.S. stocks erased gains, failing to rebound after the Standard & Poor’s 500 Index’s biggest weekly retreat since June, as investors awaited budget talks in Washington and European finance chiefs met to discuss Greek aid.