The plaintiffs had accused Goldman Sachs, JPMorgan Chase and others of having conspired since May 2009 to drive up aluminum prices by hoarding supply.» Read More
LONDON, Sept 1- Copper prices slipped on Monday, pressured by weak factory data from China that raised concerns about the outlook for demand from the world's top metals consumer. Volumes were expected to remain subdued as markets in the United States were shut for the Labor Day holiday.
Carlyle has brought to an end allegations that the world's largest private equity groups conspired to fix the prices of leveraged buyouts.
SYDNEY, Sept 1- London copper edged down on Monday, after ending August with its biggest monthly drop since March, as weak factory data from China stoked concerns of stuttering growth in the world's top metals consumer.
NEW YORK, Aug 29- A U.S. judge on Friday dismissed antitrust litigation accusing Wall Street banks and commodity merchants including Goldman Sachs Group Inc and Glencore Plc of conspiring to drive up aluminum prices by reducing supply.
Aug 29- Carlyle Group LP has agreed to pay $115 million to settle a lawsuit accusing it of conspiring with other buyout firms not to outbid each other on some takeovers that occurred prior to the financial crisis, a person familiar with the matter said on Friday. Washington, D.C.- based Carlyle declined to comment.
Bank of America Corp. rose$. 08 or. 5 percent, to $16.09. Citigroup Inc. rose$. 26 or. 5 percent, to $51.65. JPMorgan Chase rose$. 29 or. 5 percent, to $59.45.
Scottsdale, Arizona- based Store Capital buys real estate from large tenants, such as chain restaurants, supermarkets and health clubs, and leases the properties back to the tenants. Reuters reported in July that Store Capital had hired banks to explore a potential offering that could raise $300 million to $500 million and value the company at about $2 billion.
Aug 29- Real estate company Store Capital Corp filed with U.S. regulators on Friday to raise up to $500 million in an initial public offering of common stock. The Scottsdale, Arizona- based company listed Goldman Sachs, Credit Suisse and Morgan Stanley among the underwriters to the IPO.
*Russia's ruble at all-time low vs dollar. NEW YORK, Aug 29- The dollar rose on Friday, with traders looking beyond soft U.S. consumer-spending data, while the steadily sliding euro won a reprieve on diminished expectations the European Central Bank will soon ease monetary policy.
NEW YORK, Aug 29- A year after Goldman Sachs bungled a software upgrade and lost tens of millions of dollars from unintended trades, the 12 U.S. stock options exchanges have crafted new rules for dealing with erroneous transactions, according to draft documents seen by Reuters.
WASHINGTON, Aug 29- U.S. consumer spending fell in July for the first time in six months, but confidence among households hit a seven-year high in August, suggesting the retrenchment would be temporary.
Bank of America Corp. rose$. 07 or. 4 percent, to $16.08. Citigroup Inc. rose$. 24 or. 5 percent, to $51.63. Goldman Sachs rose$. 83 or. 5 percent, to $178.48.
NEW YORK, Aug 29- Morgan Stanley has quietly filed plans to build and run one of the first U.S. compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil business.
QUITO, Ecuador— Ecuador is planning to create the world's first government-issued digital currency, which some analysts believe could be a first step toward abandoning the country's existing currency, the U.S. dollar, which the government cannot control.
Bank of America Corp. fell$. 19 or 1.2 percent, to $16.01. Citigroup Inc. fell$. 47 or. 9 percent, to $51.39. Wells Fargo fell$. 19 or. 4 percent, to $51.15.
NEW YORK, Aug 28- A U.S. regulator can proceed with lawsuits accusing HSBC Holdings Plc and Nomura Holdings Inc of misleading Fannie Mae and Freddie Mac into buying mortgage-backed securities that later turned toxic, a federal judge ruled on Thursday.
Bank of America Corp. fell$. 14 or. 9 percent, to $16.06. Citigroup Inc. fell$. 35 or. 7 percent, to $51.51. Goldman Sachs fell$. 65 or. 4 percent, to $177.16.
Bank of America Corp. fell$. 14 or. 9 percent, to $16.06. Citigroup Inc. fell$. 37 or. 7 percent, to $51.49. Goldman Sachs fell $1.05 or. 6 percent, to $176.76.
*H1 revenue falls to $82.3 billion. LONDON, Aug 28- Revenue at the world's 10 largest investment banks fell 5 percent in the first half of the year, as continued weakness in fixed income trading departments outweighed a strong rebound in advisory services on deals, new data showed on Thursday.
Bank of America Corp. fell$. 13 or. 8 percent, to $16.20. Citigroup Inc. fell$. 27 or. 5 percent, to $51.86. Morgan Stanley fell$. 27 or. 8 percent, to $34.13.