India stocks have sped ahead, rallying more than 23 percent so far this year, but Goldman Sachs sees a potential speed bump from looming share sales.» Read More
NEW YORK/ WASHINGTON/ PARIS, July 1- French bank BNP Paribas has pleaded guilty to two criminal charges and agreed to pay almost $9 billion to resolve accusations that it had violated U.S. sanctions against Sudan, Cuba and Iran, in a severe punishment aimed at sending a clear message to other financial institutions around the world.
ZURICH, July 1- Switzerland's financial regulator said on Tuesday it was investigating staff at BNP Paribas' Swiss arm after the French bank admitted violating U.S. sanctions against Sudan, Cuba and Iran, in part by using Geneva to conceal wrong-doing.
NEW YORK/ WASHINGTON, June 30- French bank BNP Paribas on Monday pleaded guilty to two criminal charges and agreed to pay almost $9 billion to resolve allegations it violated U.S. sanctions laws and enabled the activities of terrorists and humans rights abusers in Sudan and elsewhere.
LONDON, June 30- The euro traded flat against the dollar on Monday, with market talk in Europe focused on the implications of a major fine for French bank BNP Paribas in the absence of other major themes.
LONDON, June 30- The euro traded flat against the dollar in early European Monday trade, with investors' eyes on a first estimate of euro zone inflation for June ahead of the European Central Bank's monthly meeting on Thursday.
TOKYO, June 30- Japan's Nikkei share average was little changed on Monday morning as concerns over possible slowdown in consumption after a tax hike in April limited investors' appetite.
BEIJING, June 30- China's vast factory sector probably registered its best performance this year in June as growth quickened to a six-month high, further signaling that its economy is regaining strength after an unsteady start to 2014. A Reuters poll of 19 economists showed the official Purchasing Managers' Index is forecast to rise to 51 in June, edging further from the 50- point level that denotes growth from contraction in activity on a monthly basis.
LONDON/ WASHINGTON June 27- Barclays Plc has hired lawyers from the high-profile firm Wilmer Cutler Pickering Hale and Dorr LLP to help the bank defend itself against accusations that it deceived investors in its "dark pool" trading venue, according to people familiar with the matter.
LONDON, June 27- Barclays Plc said it is bringing in outside help to speed up an investigation into alleged misconduct in its "dark pool" operations, which have rekindled concerns that the cost of past problems at its investment bank will rise.
LONDON, June 27- Copper slipped after hitting its highest in 3-1/ 2 months on Friday, spurred by hopes that an improved outlook for the world's No. 2 economy may strengthen demand just as supply side dynamics are tightening.
LONDON, June 27- Copper hit its highest in 3-1/ 2 months and was headed for a second straight weekly gain on Friday spurred by hopes that an improved outlook for the world's No. 2 economy may strengthen demand just as supply side dynamics are tightening.
Despite a plethora of headwinds, Australia shares may be poised for a rally, as analysts expect more companies to pursue acquisitions.
June 26- Big banks have started pulling their business out of Barclays' dark pool, after the British bank was sued by New York's top securities regulator for allegedly misleading institutional investors over its anonymous trading venue, The Financial times reported.
June 26- More investors plan to ramp up on commodities over the next 12 months after years of pessimism toward the sector, betting that the Iraq conflict will push oil prices higher while other commodities prices advance in volatile trade, a Credit Suisse poll showed on Thursday.
NEW YORK, June 26- Investors can expect a surge in volume at the close of trading on Friday, when Russell Investments announces the annual rebalance of its series of indexes that will affect more than $5 trillion in assets.
*U.S.-listed shares of Barclays fall on fraud lawsuit. *GoPro shares jump over 30 percent in first day after IPO. NEW YORK, June 26- U.S. stocks ended slightly lower on Thursday after the president of the Federal Reserve Bank of St. Louis said interest-rate increases should come sooner rather than later.
*U.S.-listed shares of Barclays fall on fraud lawsuit. Financial stocks were among the day's top decliners after New York State's attorney general filed a securities fraud lawsuit against Barclays, accusing the British bank of giving an unfair edge in the United States to high-frequency trading clients.
*U.S.-listed shares of Barclays fall on fraud lawsuit. *GoPro to make Nasdaq debut after pricing IPO at top of range. NEW YORK, June 26- U.S. stocks fell on Thursday following comments from a top Federal Reserve official that interest rate increases should come sooner rather than later.
June 26- Shares of ServiceMaster Global Holdings Inc rose about 3.64 percent in their debut, valuing the owner of Terminix pest control and American Home Shield brands at about $2.25 billion. The company's IPO raised about $610.3 million after its offering was priced at $17, slightly below its expected price range of $18- $21 per share.
*U.S.-listed shares of Barclays down in premarket on fraud lawsuit. NEW YORK, June 26- Wall Street was set for a flat open on Thursday after snapping a two-day losing streak, with focus on financial stocks following a fraud lawsuit against British bank Barclays.