Search Results for: JP Morgan
BNP asks other banks for help as dollar clearing ban nears
October 7th, 2014
BNP Paribas has asked the help of at least three banks to clear certain energy transactions in U.S. dollars next year to make sure it can keep its energy trade finance division operating after a ban imposed for violating ...
Swiss bank UBS started FX trading settlement talks
September 29th, 2014
UBS, Switzerland’s largest bank, has begun settlement talks over allegations it was involved in manipulating foreign exchange rates, the bank said, and warned that it could face a material penalty in any deal struck. UBS did not identify the ...
FCA gives another fine to Barclays
September 23rd, 2014
The Financial Conduct Authority has imposed another fine to Barclays. As a result, Barclays is expected to be stung today with a £38m fine for failing to ensure adequate protection of clients’ funds. In particular, the fine relates to ...
The Reasons Bankers Weren’t Busted
September 9th, 2014
“There Were No Convictions of Bankers for Good Reason” is the headline of a post by Mark F. Pomerantz, a lawyer and retired partner at Paul, Weiss, Rifkind, Wharton & Garrison in the New York Times’s Room for Debate ...
Australia 200 – Consolidates Around 5650 After New Multi Year High
September 4th, 2014
Australia 200 for Thursday, September 4, 2014 After spending the last week consolidating and trading in a very narrow range right around 5620, the Australian 200 Index has surged higher again to achieve a new multi-year high around 5660, ...
Essar Energy GC considers panel shakeup following delisting
August 27th, 2014
FTSE 250 company Essar Energy’s legal team is being restructured following its controversial de-listing and general counsel Sheena Singla is considering an informal panel shake-up as a result. India’s Essar Capital, controlled by billionaire brothers Shashikant and Ravikant Ruia, ...
Australia 200 – Looking to Break Through 5550 Again
August 18th, 2014
Australia 200 for Monday, August 18, 2014 The Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the 5400 and 5500 levels, before rallying strongly last week to back ...
Wall St ends up for second day on hopes for Russia relief
August 12th, 2014
U.S. stocks ended higher on Monday, extending the rally from Friday as investors hoped that Russia’s move to send humanitarian aid to Ukraine would ease tensions between the two countries. Earlier in the day, NATO chief Anders Fogh Rasmussen ...
Australia 200 – Drops Sharply Back Into Familiar Trading Range
August 8th, 2014
Australia 200 for Friday, August 8, 2014 After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last week or so returning back to more familiar territory between the 5400 and ...
Technical Analysis AUD/USD – Drops to Two Month Low Near 0.9250
August 8th, 2014
Technical Analysis AUD/USD for Friday, August 8, 2014 In recent hours the AUD/USD is easing back a little after dropping so sharply in the last 24 hours from above 0.9350 down to a two week low at 0.9260. In ...
