MEDIA-HSBC Said to cut suspended senior London credit trader Jorgensen- Bloomberg
-- Source link: (http://bloom.bg/1LhaCEt) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more-- Source link: (http://bloom.bg/1LhaCEt) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more(Updates with background on litigation.) By Nate Raymond NEW YORK, Aug 14 (Reuters) - BNP Paribas SA has agreed to pay $115 million to settle U.S. investor lawsuits accusing 16 major banks of rigging prices in the $5.3 trillion-a-day foreign exchange market, a person familiar with the
Read moreNEW YORK, Aug 14 (Reuters) - BNP Paribas SA has agreed to pay $115 million to settle investor claims of price-rigging in the foreign exchange market, a source familiar with the matter said on Friday. The bank is one of nine that have reached agreements totaling more than $2 billion to settl
Read more(ShareCast News) - HSBC, Barclays and Royal Bank of Scotland are among nine banks that have agreed a settlement with US investors over foreign exchange rate rigging claims, with litigation continuing a group of 12 others that includes Standard Chartered. UBS, Citibank, Goldman Sachs, BNP Paribas, Ba
Read more(Adds comment from plaintiffs' lawyer Michael Hausfeld, adds case number) By Nate Raymond NEW YORK, Aug 13 (Reuters) - Investors have recovered more than $2 billion in settlements with nine banks over claims of price-rigging in the foreign exchange market, and are continuing to pursue
Read more(Corrects spelling of "lawsuit" in headline) NEW YORK, Aug 13 (Reuters) - Investors suing various banks for rigging prices in the foreign exchange market have reached settlements with nine banks that have brought their total recovery to more than $2 billion, a lawyer for the plaintiffs said
Read moreBy Steve Slater LONDON, Aug 13 (Reuters) - Already faced with a battle to revive the fortunes of banking group Standard Chartered , new Chief Executive Bill Winters is now confronted with another challenge in the shape of China's yuan devaluation. Just over a week after Winters outlin
Read more(Adds Wells Fargo, Ernst&Young, UBS AG, TCW Group ) Aug 12 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. WELLS FARGO & CO The financial service provider said Mich
Read more* Euro zone stocks set for double digit earnings growth in 2015 * Forecasts for FTSE 100 earnings growth slashed * Euro zone seen resilient despite pressure from falling yuan By Alistair Smout LONDON, Aug 12 (Reuters) - Scratch beneath the surface of Europe's bumper earnin
Read moreLONDON, Aug 12 (Reuters) - HSBC has appointed Philip Noblet as co-head of its UK banking team, formed last year as part of its global banking and markets division to build up its debt capital markets and mergers and acquisitions services for British companies and financial institutions. Nob
Read moreLONDON, Aug 12 (IFR) - HSBC has named Philip Noblet as co-head of UK banking within its global banking and markets division, replacing Natalie Blyth, who will move to the lender's commercial banking arm as global head of large corporates. Noblet takes up his new role alongside existing co-h
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