The Fed Vice Chairman: FOMC is still paying attention to asset purchases
In his speech on the central bank’s new policy framework released on Monday by the Fed’s vice chairman Richard Clarida, there was no hint as to whether he would support changing...
Credit Suisse says investigating allegations of employee misconduct
LONDON Sep 2 (Reuters) - Credit Suisse CSGN.VX said it was investigating allegations of trader misconduct reported in The Wall Street Journal on Tuesday. The Wall Street...
U.S. House panel to probe Trump’s Saudi ties: Washington Post
WASHINGTON (Reuters) - Democrats on the U.S. House intelligence panel will investigate U.S. President Donald Trump’s response to the murder of journalist Jamal Khashoggi as part of a “deep dive” next...
Exclusive: S&P, Markit finalists for $1 billion-plus Barclays index unit – sources
NEW YORK (Reuters) - Index provider Standard & Poor’s and financial information services provider Markit Ltd MRKT.O have emerged as final bidders for Barclays Plc’s (BARC.L) index business, which could fetch...
Morgan Stanley to pay $95 million in U.S. mortgage-debt settlement
NEW YORK (Reuters) - Morgan Stanley (MS.N) has agreed to pay $95 million to resolve a lawsuit accusing the Wall Street bank of misleading investors in mortgage-backed securities in the run...
RBS set to raise $4 billion from U.S. listing of Citizens
LONDON (Reuters) - State-backed Royal Bank of Scotland (RBS.L) aims to raise up to $4 billion from the share flotation of its U.S. bank Citizens Financial Group this month, it was...
Citigroup expenses rise to meet stress testing
NEW YORK (Reuters) - Citigroup Inc’s (C.N) third-quarter expenses are running “slightly higher” than three months ago because of efforts to prove to regulators that its risk and balance sheet management...
U.S. lawmaker subpoenas ex-FBI chief and former Attorney General
WASHINGTON (Reuters) - The Republican chairman of the U.S. House of Representatives Judiciary Committee, Bob Goodlatte, has issued subpoenas for former FBI Director James Comey and former Attorney General Loretta Lynch...
Alibaba seeks to raise more than $21 billion in record U.S. tech IPO
NEW YORK (Reuters) - Alibaba Group Holding Ltd seeks to raise more than $21 billion in an IPO that will value the Chinese e-commerce giant at up to $163 billion...
Citi to pay $217,841 to settle OFAC violation liabilities
(Reuters) - Citigroup Inc (C.N) has agreed to remit $217,841 to settle potential civil liability for apparently violating multiple sanctions programs of the Office of Foreign Assets Control (OFAC), the U.S....