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By David Glovin |
March 31, 2013
Several banks won dismissal of antitrust claims in lawsuits alleging they rigged the London interbank offered rate.
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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 Yalman Onaran, Bloomberg |
March 27, 2013
Cyprus is on the verge of an unprecedented financial experiment: Imposing controls on money transfers in an economy that doesn’t have its own currency.
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By John Detrixhe and Emma Charlton, Bloomberg |
March 25, 2013
The euro fell to a four-month low versus the dollar as the Cyprus bailout plan added to concern about the safety of the region’s bond holdings and deposits.
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By Whitney Kisling and Lindsey Rupp, Bloomberg |
March 25, 2013
Regulators cleared Nasdaq OMX Group Inc.’s plan to pay $62 million to compensate brokers for its mishandling of Facebook Inc.’s public debut, dealing a defeat to Wall Street firms that say they lost many times that amount.
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By Tom Schoenberg and Andrew Zajac, Bloomberg |
March 20, 2013
Freddie Mac sued Bank of America Corp., UBS AG, JPMorgan Chase & Co. and a dozen other banks over alleged manipulation of the London interbank offered rate, saying the mortgage financier suffered substantial losses.
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By Nicholas Comfort, Bloomberg |
March 18, 2013
European banks declined on concern an unprecedented tax on savings in Cyprus will have negative implications for the ratings of the continent’s lenders.
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By Will Hadfield and Inyoung Hwang, Bloomberg |
March 8, 2013
Treasury yields and the dollar jumped as faster-than-forecast growth in American jobs bolstered optimism in the world’s largest economy.
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By Stephanie Ruhle and Michael J. Moore |
March 6, 2013
UBS O’Connor LLC, the $6 billion hedge-fund unit within the biggest Swiss bank, risks upheaval as senior traders seek to defect after a clampdown on cash bonuses.
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By Phil Mattingly, Bloomberg |
March 6, 2013
The size of the largest financial institutions has made it difficult for the U.S. Justice Department to bring criminal charges when there’s wrongdoing, Attorney General Eric Holder said.
