Search Results for: IG Group
RBS in 84.4 million pound mortgage securities deal with U.S. regulator
September 16th, 2015
Royal Bank of Scotland Group PLC has agreed to pay 88.4 million pounds to resolve claims by a U.S. regulator that it sold toxic mortgage-backed securities to now-failed credit unions, according to a court filing on Tuesday. The National ...
U.S. oil extends gains on stock-draw, Brent lags with Asian economies
September 16th, 2015
U.S. oil prices extended gains in Asia on Wednesday on an unexpected stockpile draw and higher gasoline prices, while international crude markets were weaker on the back of low Asian economic growth expectations. Front-month U.S. West Texas Intermediate (WTI) ...
Deutsche Bank to close almost all Russian operations: sources
September 15th, 2015
Deutsche Bank (DBKGn.DE) has decided to close its Russian operations, apart from transaction banking services, two financial sources told Reuters on Monday. Such a move would make Russia the first casualty of a sweeping plan to shrink the group’s ...
Credit Suisse Reaches Tentative $85 Million Settlement on ‘Dark Pool’ Probe
September 15th, 2015
Bank to pay $30 million to New York, $55 million to federal authorities Credit Suisse Group AG, one of the biggest operators of a “dark pool,” reached a tentative agreement to pay around $85 million to New York and federal ...
China Stocks Pull Asian Markets Lower
September 14th, 2015
Investors are concerned about both a slowdown in China and this week’s U.S. Federal Reserve meeting China shares finished lower in tumultuous trading Monday, as weak data on Chinese factory output pulled prices down despite apparent efforts by Beijing ...
Toshiba Posts Net Loss as Sales Slump to Lowest in 2 1/2 Years
September 14th, 2015
Toshiba Corp. posted a net loss for the first quarter as sales fell to the lowest in two and a half years. The net loss was 12.3 billion yen ($102 million) for the three months ended June, the Tokyo-based ...
List of companies offering services, all operating unlawfully in Belgium
September 14th, 2015
The Financial Services and Markets Authority (FSMA) has, on several occasions, warned the public against the activities of various providers of/intermediaries in binary options and forex products, as well as against the activities of various so-called “boiler rooms”, all ...
Traders’ Phones Are Becoming a Zone of Total Surveillance
September 14th, 2015
At large banks, regulatory requirements and new technology change how conversations are conducted Wall Street has a message for its traders: Watch what you say. At large banks in the U.S. and Europe, traders’ everyday activities are being recorded ...
Oil prices dip as demand stalls – IEA releases Oil Market Report for September
September 14th, 2015
Oil prices dipped on Monday in Asia as weakening demand weighed on markets, although U.S. futures received some support from reduced American drilling. Front-month Brent crude futures LCOc1 were down 37 cents at $47.77 per barrel at 0448 GMT. U.S. crude ...
Gold holds near four-week low on india’s bullion plan before fed
September 11th, 2015
India’s government on Wednesday approved a gold monetisation plan and sale of sovereign bonds by the Reserve Bank of India Gold held near a four-week low on concern that India will reduce bullion imports and as US jobs data ...
