[ad_1] South Africa’s Competition Appeal Court dismissed the cases against most of the 28 banks accused of colluding to fix the rand in the New York foreign exchange market almost…
Tag: JPMorgan Chase & Co
JPMorgan Chase & Co. (JPM) Stock Price, News, Quote & History – Yahoo Finance
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South Africa Plans Tougher Rules in Wake of Rand-Rigging Probe
[ad_1] South Africa plans to tighten up its regulation of financial markets, after a top bank admitted to taking part in manipulation of the rand. Legislation will be introduced next…
Wall Street’s Tepid Bonuses for Traders Lumber Into Another Year
[ad_1] Wall Street’s dramatic year of dealmaking drought, collapsing banks and job cuts is ending with a mere whimper for traders’ bonuses. At JPMorgan Chase & Co., the overall bonus…
Storied US Steel to be acquired for more than $14 billion by Nippon Steel
[ad_1] U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1…
Wall Street Says Basel 3 ‘Endgame’ Will Upend Climate Finance
[ad_1] Wall Street’s biggest banks are warning that existing assumptions around much-needed green finance will no longer hold if the US goes ahead with stricter capital requirements. The Basel 3…
BNP Paribas Plans to Move Most Hong Kong Staff Out of Central
[ad_1] BNP Paribas SA plans to move the majority of its Hong Kong staff out of offices in the city’s central business district as the lender looks to cut costs…
France Readies New Push to Lure More Banks, Hedge Funds to Paris
[ad_1] France is working on a new plan to bolster the attractiveness of Paris as a European Union finance hub, as President Emmanuel Macron seeks to build on an initial…
Former Crypto Day Traders Say No Thanks Even as Bitcoin Roars Back
[ad_1] Between 2013 and 2017, Peter To claims he made more than $1 million by day-trading Bitcoin during its bull runs. While the world’s largest cryptocurrency has rallied in recent…