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  • Top US fund managers attack regulators Monday, 1 Jun 2015 | 3:47 AM ET
    Pedestrians pass a Fidelity Investments office in Boston.

    U.S. fund managers have launched a new attack on global regulators as they fight a rearguard action against proposed rules. The FT reports.

  • *India returned to Iran for imports after hiatus. Imports by Iran's four biggest buyers- China, India, Japan and South Korea- totalled 1.17 million bpd last month, down 4.1 percent on year and the highest since hitting 1.21 million bpd in December, government and tanker-tracking data showed. Iran, the United States, Britain, France, Germany, Russia and China reached a...

  • WASHINGTON/ NEW YORK, May 28- Four more Swiss banks have cut deals with the U.S. Department of Justice to avoid possible prosecution for helping Americans evade taxes, the department said on Thursday. The banks are Societe Generale Private Banking, MediBank AG, LBBW AG, and Scobag Privatbank AG. The banks settled under a voluntary program the Justice Department...

  • Auris reports 1Q loss Thursday, 28 May 2015 | 7:51 AM ET

    4001 BASEL, Switzerland _ Auris Medical Holding AG on Thursday reported a loss of $8.3 million in its first quarter. On a per-share basis, the 4001 Basel, Switzerland- based company said it had a loss of 29 cents. Keywords: Auris Medical Holding, Earnings Report.

  • ZURICH, May 28- No longer is schmoozing over long lunches and fine wines enough; Swiss private bankers are turning to video games and virtual reality to attract a new generation of sceptical clients and see off digital rivals. In a fifth floor office just off Zurich's main shopping street, researchers at UBS are testing dozens of technologies to see what could...

  • DIARY- Top Economic Events to June 5 Monday, 25 May 2015 | 9:09 PM ET

    TAIPEI- Former Federal Reserve chairman Ben Bernanke speaks on Asian economies- 0830 GMT. TEL AVIV, Israel- Federal Reserve Vice Chair Stanley Fischer speaks on "The Federal Reserve and the Global Economy" before a conference in honor of Professor Haim Ben-Shahar- 1630 GMT. PARIS- ECB Governing Council Member Christian Noyer gives an annual press conference in...

  • BEIJING— At first, the numbers and company names flashing on a big board in Beijing's financial district suggest a booming market. The lights from the Beijing Environment Exchange— one of seven pilot markets in China for trading carbon— raises questions for the country as it prepares for next year's roll-out of a nationwide system that could help the world's...

  • DIARY- Top Economic Events to June 4 Friday, 22 May 2015 | 8:01 PM ET

    SINTRA, Portugal- European Central Bank board member Vitor Constancio chairs session 2 on "Structural Perspectives on European Employment, Productivity, and Growth in a Global Context" at an ECB forum on Central Banking "Inflation and Unemployment in Europe"- 0800 GMT. SINTRA, Portugal- Federal Reserve Vice Chair Stanley Fischer participates in a panel...

  • ZURICH, May 22- Top UBS executives and board members this week sold shares in the Swiss bank worth 23.8 million Swiss francs, according to the Swiss stock exchange. In seven separate transactions, 1.167 million shares in total were sold on Thursday, shortly after the Zurich- based bank's stock rose to its highest in six-and-a-half years following a...

  • LONDON, May 22- A shortage of prime office space in rival European financial centres may torpedo plans by some of London's banks to quit the UK capital if Britain opts out of European Union membership. Deutsche Bank, the euro zone's second largest bank by assets, confirmed this week it was considering cutting its UK operations if the country pulled out, and other...

  • SINGAPORE, May 21- U.S crude futures eased towards $58.50 a barrel on Thursday as concerns over a supply glut and a strong dollar weighed on prices, but a steeper than expected draw on crude inventories put a floor under prices. *U.S. crude for July delivery fell 20 cents to $58.78 a barrel as of 0005 GMT after settling up 99 cents in the previous session.

  • Corporate jet makers eye revival led by North America Wednesday, 20 May 2015 | 6:10 PM ET

    GENEVA, May 21- Business jet makers, hit badly by the financial crisis, expect an upturn in mature economies such as the United States will encourage companies to once again buy new corporate planes or replace aging jets, executives said this week. Many companies in North America and Europe, from carmakers to banks and tech firms, scaled back usage or sold their...

  • *Barclays fined $2.4 bln, fires 8 employees. Citi, Barclays, JP Morgan and RBS plead guilty. Citigroup Inc, JPMorgan Chase& Co, Barclays Plc, UBS AG and Royal Bank of Scotland Plc were accused by U.S. and UK officials of brazenly cheating clients to boost their own profits using invitation-only chat rooms and coded language to coordinate their trades.

  • MUMBAI, May 20- India's Tata Steel Ltd said it expected a rebound in steel demand in its home market but another difficult year in Europe, after reporting a $889 million quarterly loss inflated by a hefty impairment on its UK business. The consolidated fourth quarter loss from Tata Steel, Europe's second-largest steelmaker, compares with a net profit of 10.36...

  • UPDATE 6-Oil prices rise as U.S. crudes stocks fall Wednesday, 20 May 2015 | 10:56 AM ET

    *Japan's economy surprises with 2.4 pct annualised growth. Brent futures rose 72 cents to $64.74 a barrel by 1445 GMT, after touching $65.02 earlier in the session. U.S. crude prices rose 41 cents to $58.40 a barrel, easing back from an intraday high of $58.90.

  • MUMBAI, May 20- India's Tata Steel Ltd said it expected a rebound in steel demand in its home market and modest growth in Europe this year, after reporting a $889 million quarterly loss inflated by a hefty impairment on its UK business. The consolidated fourth quarter loss from Tata Steel, Europe's second-largest steelmaker, compares with a net profit of 10.36...

  • *Barclays fined $2.4 bln, fires 8 employees. *Citi, Barclays, JP Morgan and RBS plead guilty. Traders at Citigroup, JP Morgan, Barclays and Royal Bank of Scotland, who described themselves as "The Cartel", used an invitation-only electronic chatroom and coded language to manipulate the price of U.S. dollars and euros between December 2007 and January 2013, according to...

  • Wednesday's settlement with the U.S. Department of Justice, the Federal Reserve, and the Connecticut Department of Banking follows a settlement UBS reached six months ago with Swiss financial regulator FINMA, which included a fine and bonus curbs. "The conduct of a small number of employees was unacceptable and we have taken appropriate disciplinary actions,"...

  • DIARY- Top Economic Events to June 1 Tuesday, 19 May 2015 | 8:01 PM ET

    LONDON- Bank of England releases updated policy statement on dormant bank accounts- 0900 GMT. MUNICH- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before the National Association for Business Economics International Symposium: "Economic Growth, Monetary Policy, and Structural Reform:...

  • U.S. banks JPMorgan and Citigroup and Britain's Barclays and Royal Bank of Scotland are expected to plead guilty to criminal charges with the U.S. Department of Justice related to forex manipulation, people familiar with the matter said. JPMorgan and Citigroup would be the first major U.S. banks to plead guilty to criminal charges in decades.