(Adds comments from additional defendants) By Jonathan Stempel NEW YORK, Sept 11 (Reuters) - Twelve major banks have reached a $1.865 billion settlement to resolve investor claims that they conspired to fix prices and limit competition in the market for credit default swaps, a lawyer
Read moreNEW YORK, Sept 11 (Reuters) - Twelve major banks have reached a $1.865 billion settlement to resolve investor claims that they conspired to fix prices and restrain competition in the roughly $16 trillion market for credit default swaps, a lawyer for the investors said on Friday. The settlem
Read more(Adds sale of Barclays Italian retail network, names of bidders for Italian mortgage portfolio) By Massimo Gaia and Pamela Barbaglia MILAN/LONDON, Sept 10 (Reuters) - Barclays is in advanced talks to sell its Italian retail network and a portfolio of Italian mortgages worth 4 billion
Read more(ShareCast News) - The largest UK banks face several further operational headwinds which the market may not be fully factoring in yet, analysts believe. Foremost among those is the 2018 implementation of the IFRS9 accounting standard regarding provisions, which will be half again as high as IAS39. T
Read more(ShareCast News) - The largest UK banks face several further operational headwinds which the market may not be fully factoring in yet, analysts believe. Foremost among those is the 2018 implementation of the IFRS9 accounting standard regarding provisions, which will be half again as high as IAS39. T
Read moreSept 10 (Reuters) - Broker and research provider Investment Technology Group Inc appointed Nick Johnston managing director and head of European sales trading. Johnston, based in London, joins from Barclays Capital. (Reporting by Kshitiz Goliya in Bengaluru)
Read more** Exane BNP Paribas bearish on UK banks, says banks face further operational headwinds, share price performance been lacklustre ** Paribas flags IFRS9 provision to impact Standard Chartered and Lloyds Banking Group ** StanChart shares off 2 pct while Lloyds 1 pct ** Exane outli
Read more(Adds Treasury comment in last paragraph) By Karen Freifeld and Rachel Chitra Sept 9 (Reuters) - A New York state regulator has sought information from banks including Barclays Plc, Deutsche Bank AG, Goldman Sachs Group Inc, Societe Generale, and Credit Suisse Group AG on potential ma
Read moreBy Massimo Gaia MILAN, Sept 9 (Reuters) - Barclays is in talks to sell Italian performing mortgages worth 4 billion euros ($4.46 billion), two sources with knowledge of the matter said, as the British bank presses ahead with the sale of European assets. Potential bidders have a Thursd
Read moreSept 9 (Reuters) - A New York state regulator has sought information from Barclays Plc, Deutsche Bank , Goldman Sachs and Societe Generale on potential manipulation of U.S. Treasury auctions, said a person familiar with the matter. The Department of Financial Services sent letters to the b
Read more-- Source link: (http://on.ft.com/1JSDKww) -- Note: Reuters has not verified this story and does not vouch for its accuracy
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