The US dollar was slightly weaker against the euro and the yen after the Federal Reserve released the minutes of last month's meeting.» Read More
A multiyear, global investigation into the setting of interest rates has focused on often complextrades in the financial centers of New York, London and Tokyo. But the accusations in the case have real-life consequences for consumers and businesses in the United States, the New York Times reports.
CNBC's Eamon Javers reports on the CFTC's $200 million fine for Barclays, for alleged manipulation attempts of Libor.
Take a look at some of Wednesday's midday movers:
CNBC's Eamon Javers reports the big bank will pay a total of $454 million to settle allegations that it tried to manipulate Libor rates.
Barclays will reportedly pay $200 million in penalties to settle a Libor probe. "These Libor rates impact the credit rates, the interest rates that people pay for everything," says Bart Chilton, CFTC commissioner, explaining how Barclays allegedly manipulated the Libor rate and the CFTC's plans to prevent this from happening again.
Top U.S. and European bankers, including JPMorgan Chase’s Jamie Dimon and Citigroup’s Vikram Pandit, have enjoyed double-digit annual pay rises averaging almost 12 percent, despite widespread falls in profits and share prices, FT research shows.
The Federal Open Market Committee is beginning a two-day meeting, and these strategists have a trading plan.
Many people have left careers in finance and found fulfillment with others, and many say their background gave them an edge in a new venture.
Wondering which European currency is safe at this point? Choose carefully.
The Securities and Exchange Commission has been getting tougher on insider trading on Wall Street, but its potential target may be too wide, The New York Times reports.
Check out which companies are making headlines after-the-bell Thursday:
Take a look at some of Friday's midday movers:
Facebook is ready to launch its IPO road show as early as Monday, according to people familiar with the matter, if no last-minute red flags from the Securities and Exchange Commission are raised.
"Without knowing why or how, we seem to have hatched our own oligarchs, and we stand aghast and bewildered at this flock of monstrous cuckoos," author Ferdinand Mount writes.
Allscripts shares plunge in a slew of bad news, Amazon shoots up of blowing out earnings, SBux matches but shares fall, Europe’s debt woes weigh on the market.
Shareholders in Barclays have forced the British bank to accept tougher bonus conditions and promise higher dividends, highlighting how the balance of power between investors and managers is shifting at some of the biggest global banks, the FT reports.
The Australian and New Zealand dollars often move in tandem, but these strategists have picked a favorite.
Stocks closed mixed Monday, with the Dow edging closer to the psychologically-important 13,000 level and the S&P 500 holding near its key 1,370 level, but gains were limited as the Nasdaq was dragged down by heavyweights such as Apple and Google.
U.S. stock index futures were higher Monday after retail sales gained more-than-expected last Month, and as investors digested Citigroup's earnings report.
Barclays’ controversial tax planning business will come under fresh scrutiny in a U.S. court this week over whether a transaction designed by the bank cost the U.S. government more than $1 billion in lost tax receipts. The FT reports