Search Results for: US Dollar
Edward Jones to Pay $20 Million for Overcharging Retail Customers in Municipal Bond Underwritings
August 14th, 2015
The Securities and Exchange Commission today announced that St. Louis-based brokerage firm Edward Jones and the former head of its municipal underwriting desk have agreed to settle charges that they overcharged customers in new municipal bonds sales. It’s the ...
Hausfeld Announces 9 Settlements Totaling More Than $2 Billion in FX Antitrust Litigation
August 14th, 2015
Hausfeld, a global claimants’ law firm dedicated to handling complex litigation, announced today that the plaintiffs in In re Foreign Exchange Benchmark Rates Antitrust Litigation, 13-cv-7789 (S.D.N.Y.), have reached settlements totaling more than $2 billion with Bank of America, Barclays, ...
Bank of Russia Gets Putin’s Praise, Opts for Verbal Intervention
August 10th, 2015
Russian President Vladimir Putin commended the central bank for its efforts to keep the ruble stable after policy makers called for calm as the currency headed for a six-month low. “The central bank is doing a lot to strengthen ...
Gold stalls as US jobs data keeps door open to Sept Fed hike
August 10th, 2015
Gold had longest weekly losing streak since 1999 Any delay in rate hike expectations won’t fuel gold rally – HSBC (Adds analyst comment, updates prices) Gold steadied not far above a 5-1/2-year low on Monday, with a firm dollar ...
Asia Stocks Swing as Aussie, Copper Slide on China; Oil Retreats
August 10th, 2015
Asian stocks swung between gains and losses and the Australian dollar slipped after a slump in Chinese exports and producer prices. Copper fell, while crude oil retreated toward this year’s low after U.S. producers added rigs. The MSCI Asia ...
China stocks up, other Asian markets lower after US losses
August 7th, 2015
Chinese stocks rose Friday while other Asian markets followed Wall Street lower as investors looked ahead to U.S. jobs data and a meeting of Japan’s central bank. KEEPING SCORE: The Shanghai Composite Index rose 1.9 percent to 3,731.75 and ...
Here Comes The Next Trillion-Dollar Bailout
August 4th, 2015
As boxers like to say, it’s the punch you don’t see that knocks you out. In a world where a growing part of the financial system is hidden from view and excluded from official statistics, those are words to ...
Deutsche Bank Said to Be Probed by DOJ on Russia Mirror T
August 4th, 2015
U.S. federal prosecutors are investigating billions of dollars of trades Deutsche Bank AG made on behalf of Russian clients as recently as this year, according to people with knowledge of the situation. The Justice Department’s criminal probe, which hasn’t ...
Asian shares up despite weak US lead
August 4th, 2015
Asian markets traded mostly higher on Tuesday despite a lacklustre lead from Wall Street, where US stocks closed down on weak economic data. US data on Monday showed weaker manufacturing activity and a modest gain in consumer spending as ...
Two Chinese Firms Seek Multibillion-Dollar IPOs
August 3rd, 2015
China Merchants Securities and China Reinsurance are pursuing Hong Kong listings Two Chinese financial firms are gearing up for multibillion-dollar initial public offerings in Hong Kong, even as China’s stock markets saw one of their steepest selloffs last month. ...
