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EU Fines Five Banks $1.2 Billion for Foreign Exchange Rigging
The European Union fined Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland a combined 1.07 billion euros ($1.2 billion) on Thursday for rigging the multi-trillion dollar foreign exchange ...
May 16, 2019
Citigroup Sees $2 Billion More Revenue From Lending in 2019, Shares Rise
Citigroup Inc. said it would earn $2 billion more in revenue from its lending activities this year than ...
January 15, 2019
Global Banks Curb China Travel After UBS Banker Stopped From Leaving
HONG KONG—Several global banks including Citigroup and Standard Chartered have asked their private banking staff to postpone or ...
October 22, 2018
Louisiana Bars Citi, Bank of America From $600 Million Bond Sale Over Gun Policies
The Louisiana Department of the Treasury cut banking giants Citigroup and Bank of America out of a $600 ...
August 19, 2018
Willem Buiter: ‘Markets Refuse to Acknowledge They Are Risky’
There are few entertaining economists, and fewer still work on Wall Street. Willem Buiter, the chief economist of ...
August 17, 2017
This Is What’s Hitting Bank Earnings This Quarter
Revenues of large U.S. investment banks are suffering from weak trading conditions.
October 17, 2015
Libor: One Man Found Guilty but Culture Change Is Still Needed in Financial Sector
Former UBS and Citigroup trader Tom Hayes has been convicted of eight counts of conspiring with other traders ...
August 6, 2015
Can Muni Bonds Sustain Recent Gains?
Year-to-date returns on municipal bonds, or debts issued by state or local governments to finance capital expenditures, have ...
November 17, 2014
The Fix Is In: How Banks Allegedly Rigged the $5.3 Trillion Foreign Exchange Market
Suppose you’re in the supermarket shopping for groceries. While you’re strolling the aisle with your cart, a shadowy ...
November 15, 2014
A Deep Look at Foreign-Currency Markets Manipulation Scandal
Traders with nicknames like the "Three Musketeers" and the "A-Team" plotted over Internet chat rooms to manipulate currency ...
November 12, 2014
US Stocks Plunge, Extending Losses; Bond Prices Soar
The decline came as investor fears of a global economic slowdown intensified after several weeks of turbulent market ...
October 15, 2014
US Stocks Stabilize After a 3-Day Sell-Off
A slump in energy stocks stymied a rebound in U.S. indexes Tuesday as the price of oil plunged ...
October 14, 2014
Citigroup to Exit 11 Markets in Restructuring
Citigroup customers across Central America and parts of Eastern Europe will be looking for a new place to ...
October 14, 2014
EU Threatens Venezuela With More Sanctions Over Human Rights Violations
, Special to The Epoch Times
Facebook Under Bipartisan Attack Over Its Libra Digital Money
Trump’s Reelection Campaign Launches ‘Women for Trump’ Coalition
House Rules That Pelosi’s Criticism of Trump Tweets Violates Chamber Rules
Religious Persecution a Global Crisis Needing Urgent Action, US Ambassador Says
, Epoch Times
AOC Responds to Trump’s ‘Don’t Have a Racist Bone’ Tweet
Republican Representative Tries to Get Pelosi’s Condemnation of Trump’s Tweets Stricken From Record