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Banks

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Banks’ Civil Forex Settlements Near $2 Billion

18/06/2015(0)
Barclays, BNP Paribas, Goldman Sachs and HSBC recently signed agreements to settle case The total amount paid by banks to settle a civil lawsuit tied to allegations traders manipulated ... Read More
bank of america

S.Korea reviewing whether global banks in FX probe affected Korea

17/06/2015(0)
South Korea’s anti-trust agency chief said on Wednesday the agency is looking into whether the activities of six global banks that were recently fined nearly $6 billion in a ... Read More
RBS -

RBS Stake Sale by U.K. Government to Begin in Coming Months

11/06/2015(0)
Chancellor of the Exchequer George Osborne said he’ll start returning Royal Bank of Scotland Group Plc to private ownership in the “coming months,” even though it may cause a ... Read More
UBS-Citibank

Libor Trial Hears Global Banks Submitted Skewed Data

09/06/2015(0)
Numerous banks told the British Bankers’ Association they deliberately submitted inaccurate data, court at Tom Hayes trial is told A succession of global banks told a British trade association ... Read More
JP-Morgan-Chase

Top banks pay $300 b on post-crisis litigation – as costs continue to rise

09/06/2015(0)
The post-2010 legal and regulatory bills rose paid out by the top 16 banks in the world rose nearly 20 per cent in 2014 amidst signs that the charges ... Read More
HSBC

HSBC to Sell Units in Brazil and Turkey and Shrink Investment Bank

09/06/2015(0)
HSBC will take an axe to its investment bank and seek to cut up to $5 billion in costs in an effort to improve its sluggish performance, Europe’s biggest ... Read More
deutsche-bank1

Deutsche Bank appoints John Cryan to succeed Jürgen Fitschen and Anshu Jain

08/06/2015(0)
The Supervisory Board of Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) decided at an extraordinary meeting today to appoint John Cryan (54) to the position of Co-Chief Executive Officer, ... Read More
British banks

Justice Department Readies New Bank Settlements

05/06/2015(0)
Federal and state officials are preparing the next round of billion-dollar mortgage settlements involving U.S. and European banks Up to nine banks are in line for the next round ... Read More
russia-central-bank

Russia Central Bank Wants to Boost Gold, FX Reserves to $500B in Few Years

05/06/2015(0)
The Bank of Russia plans to boost its depleted international reserves to $500 billion to hedge the crisis-struck economy against capital flight and new shocks, the central bank chairwoman ... Read More
HSBC-logo

HSBC pays out £28m over money-laundering claims

05/06/2015(0)
Geneva prosecutor agrees to close investigation into HSBC in return for the financial settlement HSBC has been ordered to pay a record 40m Swiss francs (£28m) and been given a ... Read More
Broker Cyprus TopFX