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Top news of the day, May 20

May 20th, 2015 (0)
1. As Greek government officials expressed their confidence that a deal with the country’s creditors is close, top European officials indicated Tuesday that although there has been progress in negotiations, an agreement is unlikely before the end of the ...

UBS to Plead Guilty on Libor, Fined by Fed in Currency Probe

May 20th, 2015 (0)
UBS Group AG said its main unit will plead guilty to fraud in the U.S. for manipulating benchmark interest rates and pay $203 million in fresh fines after the Swiss bank violated an agreement that had allowed it to ...

How the EU Plans to Turn $26 Billion Into $390 Billion

November 24th, 2014 (0)
The European Union is planning a 21 billion-euro ($26 billion) fund to share the risks of new projects with private investors, two EU officials said. The new entity is designed to have an impact of about 15 times its ...

U.S. stocks slip from records; oil falls

November 13th, 2014 (0)
U.S. equity prices edged off record highs on Wednesday led by weakness in the financial sector after six global banks were fined a total of $4.3 billion for currency rigging, while the oil market sagged on concerns about a ...
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