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By Ambereen Choudhury, Gavin Finch and Liam Vaughan |
June 13, 2013
Britain should investigate currency rate manipulation, E.U. officials said, following accusations traders have rigged rates.
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By Takahiko Hyuga and Takako Taniguchi |
April 11, 2013
RBS's Japan brokerage unit head will reportedly step down as the company faces punishment for attempts to rig benchmark interest rates.
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By Ben Moshinsky |
April 2, 2013
The U.K.’s new banking regulator must explain to a panel of British lawmakers how it will restrict lenders’ proprietary trading.
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By Lindsay Fortado and Ben Moshinsky |
March 27, 2013
The U.K. Financial Services Authority will be replaced by two new regulators with greater powers.
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By Shobhana Chandra, Bloomberg |
March 4, 2013
Americans are finding it easier to borrow from banks, supporting consumer spending and business investment and helping fuel employment just as U.S. government budget cuts start to take hold.
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By Howard Mustoe and Gavin Finch, Bloomberg |
November 5, 2012
HSBC Holdings Plc said it’s likely to face criminal charges from U.S. anti-money laundering probes and the cost of a settlement may “significantly” exceed the $1.5 billion the bank has set aside.
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By Ambereen Choudhury, Elisa Martinuzzi and Kevin Crowley |
November 1, 2012
London’s attempt to maintain its financial muscle while boycotting Europe’s move toward a banking union risks isolating the city from its major trading partners.
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By Lu Wang and Lynn Thomasson, Bloomberg |
November 1, 2012
Stocks rallied, sending the Standard & Poor’s 500 Index to the biggest gain in seven weeks, oil rose and Treasuries fell after data on U.S. employment and manufacturing beat estimates.
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By David Goodman, Bloomberg |
October 4, 2012
The pound strengthened against the dollar, rising the most in almost two weeks, as the Bank of England kept its asset-purchase target at 375 billion pounds ($605 billion) at a meeting today.
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By Lisa Abramowicz, Bloomberg |
October 3, 2012
Pacific Investment Management Co. and BlackRock Inc. are among U.S. investors buying up bank bonds in Europe’s most indebted nations as central-bank chief Mario Draghi wins back the confidence of the world’s biggest money managers.