Search Results for: RBI
Shinzo Abe Says Countries Must Avoid Competitive Currency Devaluations
April 6th, 2016
Prime Minister Shinzo Abe said countries should avoid competitively devaluing their currencies, speaking after the dollar fell to its lowest level against the yen in nearly a year and a half. The yen’s rise against the dollar has accelerated in the first months ...
Deutsche Bank agrees to pay $4 mln for trading violations
March 31st, 2016
A Deutsche Bank AG unit will pay more than $4 million to settle allegations that it failed to properly report data on millions of options trades, according to a Financial Industry Regulatory Authority (FINRA) document. The alleged conduct between ...
UBS, Credit Suisse interested in advising on Russia privatization
March 30th, 2016
Swiss banks UBS and Credit Suisse are interested in advising the Russian government on several privatizations as long as the deals do not violate sanctions, three banking sources told Reuters. The banks responded to a request for proposals that ...
Ex-Goldman Sachs Banker Bansal Gets Probation Over Fed Leak
March 23rd, 2016
Bansal pleaded guilty to getting documents from friend at Fed Prosecutors had sought a sentence of as long as a year An ex-Goldman Sachs Group Inc. banker who got a former colleague to steal documents from the Federal Reserve ...
Morgan Stanley Ordered to Pay Over $34 Million to HSN Co-Founder’s Estate
March 22nd, 2016
Ms. Forte had been Mr. Speer’s financial adviser since the late 1990s An arbitration panel ordered Morgan Stanley to pay more than $34 million to the estate of deceased Home Shopping Network co-founder Roy M. Speer and his foundation, ...
CFTC Approves Substituted Compliance Framework in Follow-up to the Recent Equivalence Agreement between the US and the EU
March 18th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today unanimously approved a substituted compliance framework for dually-registered central counterparties (CCPs) located in the European Union (EU), together with a comparability determination with respect to certain EU rules. Today’s action follows ...
Apple Lambasts The FBI For Not Asking The Nsa To Help Hack That Iphone
March 16th, 2016
IN THE SHOWDOWN between Apple and the Justice Department over an iPhone used by one of the San Bernardino shooting suspects, one question has loomed large. Why hasn’t the FBI sought assistance from the National Security Agency—which employs some of ...
U.S. Retail Sales Fell 0.1% in February
March 16th, 2016
January revised to a decrease on lower auto, gas sales American consumers are showing renewed signs of caution amid continued financial-market volatility, clouding the outlook for a segment of the economy that had been a bright spot. U.S. retail ...
Societe Generale’s acquisition deal to create one of the UK’s largest private banking groups
March 16th, 2016
Soc Gen buys out Kleinwort Benson to create UK banking giant Societe Generale has agreed to purchase Kleinwort Benson and will integrate the company into Societe Generale Private Banking Hambros to create one of the UK’s largest private banking ...
Russian court rejects Google’s anti-monopoly appeal
March 15th, 2016
The Moscow Arbitration Court has dismissed an appeal by Google against a decision by Russia’s competition watchdog that the US company broke anti-monopoly laws. The court upheld the ruling of Russia’s Federal Antimonopoly Service (FAS) that Google abused its ...
