• *Payout totals $97.2 million including restitution, fine. June 16- Bank of America Corp's Merrill Lynch unit was fined $8 million and will reimburse $24.4 million to customers to settle allegations that it overcharged more than 47,000 retirement accounts and charities that invested in mutual funds.

  • WASHINGTON, June 16- The U.S. Supreme Court on Monday ruled that creditors can seek information about Argentina's non-U.S. assets in a case about bank subpoenas that is part of the decade-long litigation over Argentina's obligations to bond investors.

  • *Bonds gain safety bid on Iraq, Ukraine tensions. Worries about Iraq were intensifying after Sunni insurgents seized a mainly ethnic Turkmen city in northwestern Iraq on Sunday after heavy fighting, solidifying their grip on the north after a lightning offensive that threatens to dismember Iraq.

  • Without comment, the high court left intact lower court rulings that ordered Argentina to pay. Argentina is seeking to avoid making full payment to holdout creditors led by hedge funds Aurelius Capital Management and NML Capital Ltd, a unit of billionaire Paul Singer's Elliott Management Corp..


  • What the SEC needs to do about HFT: Jon Najarian Monday, 16 Jun 2014 | 8:57 AM ET

    As the SEC mulls how to tighten the reins on high-frequency trading, "Fast Money" trader Jon Najarian weighs in on the areas they should focus on.

  • SEOUL, June 16- Samsung Electronics Co Ltd is buying more local bonds with its $60 billion cash pile as domestic banks grow reluctant to overload on deposits from the South Korean giant.

  • SEOUL, June 16- Samsung Electronics Co Ltd is emerging as a major player in its local debt market, buying more South Korean-issued bonds as it juggles a $60 billion cash pile.

  • JGBs edge higher as stocks sag, super longs buck trend Sunday, 15 Jun 2014 | 11:10 PM ET

    TOKYO, June 16- Japanese government bond prices edged higher on Monday as stocks sagged on Iraq concerns, although super long tenors bucked the trend. As expected, the Bank of Japan bought a total of 900 billion yen of one- to 10- year JGBs in its regular bond purchasing programme which also helped underpin the market.

  • FOREX-Dollar edges up, euro remains under pressure Sunday, 15 Jun 2014 | 8:41 PM ET

    TOKYO, June 16- The dollar edged up against a basket of currencies in early trade on Monday, drawing mild support as geopolitical worries hung over the markets, but was by potentially decisive events such as the Federal Reserve meeting midweek. Treasury yields and its status as a safe haven as conflict in Iraq escalated.

  • CAIRO, June 15- Egypt's central bank said on Sunday it would offer $600 million in one-year, dollar-denominated treasury bills for issue on June 17, with the auction set for June 16. In an emailed statement, the bank listed eligible subscribers as local banks and foreign financial institutions.

  • CARACAS, June 14- Venezuela is seeking to consolidate its three-tiered exchange rate system and refinance debt to improve maturity profiles, the economy vice president said in a statement on Saturday, underlining efforts to shore up the country's troubled finances.

  • *Treasury debt losses limited by Iraq tensions. Treasury debt prices drifted lower on Friday in thin trading, pressured by sharp losses in UK bonds after Bank of England Governor Mark Carney said interest rates could rise sooner than expected, as well as expectations of a rate hike from the Federal Reserve sooner than previously expected.

  • *Treasury debt losses limited by Iraq tensions. Treasury debt prices slid on Friday, pressured by sharp losses in UK bonds after Bank of England Governor Mark Carney said interest rates could rise sooner than expected, as well as expectations of an imminent rate hike from the Federal Reserve.

  • *Intel up on outlook, OpenTable soars on Priceline deal. NEW YORK, June 13- U.S. stock index futures pointed to a slightly lower on Friday as some positive corporate news supported markets, though ongoing violence in Iraq gave investors pause.

  • INSIGHT-Diminished France loses influence in Europe Friday, 13 Jun 2014 | 1:30 AM ET

    *Hollande says France still matters in EU. *Diplomats, ministers say Paris absent on key issues. That is precisely what French President Francois Hollande did at a meeting of European Union leaders last month after his Socialist party's humiliating defeat by the hard right National Front in European Parliament elections.

  • JGBs supported on Iraq, 30-year bonds outperform Thursday, 12 Jun 2014 | 10:22 PM ET

    TOKYO, June 13- Japanese government bond prices were mostly higher on Friday, after concerns over the crisis in Iraq boosted U.S. bond prices, with some investors rotating to 30- year maturities from the 10- year zone, as they awaited the outcome of a Bank of Japan policy meeting.

  • TREASURIES-Prices leap on strong U.S. 30-year bond sale Thursday, 12 Jun 2014 | 3:02 PM ET

    *Iraq tension worsens, spurs safety bid. NEW YORK, June 12- U.S. Bids totaled $35 billion for a 2.69 cover, the highest since February 2013.

  • *Treasury yields fall after auction, extend slide on Iraq. NEW YORK, June 12- Crude oil prices spiked on Thursday on supply concerns and equities sold off as violence threatened stability in Iraq. "If this conflict knocked out Iraq as an exporter, that would have significant impact on prices," said Christopher Bellew, a trader at Jefferies Bache.