The bank is one of only four institutions still being pursued by the FHFA, which sued 18 institutions in 2011, the FT reports.» Read More
BEIJING, Aug 21- Growth in China's vast factory sector slowed to a three-month low in August as output and new orders moderated, a preliminary private survey showed on Thursday, reinforcing concerns about increasing softness in the economy.
BEIJING, Aug 21- Growth in activity in China's vast factory sector slowed to a three-month low in August as output and new orders lost steam, a preliminary private survey showed on Thursday. The HSBC/ Markit Flash China Manufacturing Purchasing Managers' Index fell to 50.3 from July's 18- month high of 51.7, missing a Reuters forecast of 51.5.
TOKYO, Aug 21- New front month U.S. crude futures inched up towards $94 in early Thursday trade as a bigger than expected drop in petroleum stockpiles outweighed news of increased supplies.
LONDON, Aug 20- Ultra-calm trading conditions in gold are becoming self-perpetuating as a persistent lack of volatility frustrates investors seeking a return, pushing them further away from a market that analysts say could be becalmed for years.
BEIJING, Aug 20- Amazon.com will set up shop in China's Shanghai free trade zone, the company said on Wednesday, aiming to take advantage of less stringent trade regulations to sell a wider range of products in the country.
BEIJING, Aug 20- Amazon.com will set up shop in China's Shanghai free trade zone, state media said on Wednesday, aiming to take advantage of less stringent trade regulations to sell a wider range of products in the country.
NEW YORK/ LONDON, Aug 20 (Reuters)- A $300 million fine on Standard Chartered for lapses in anti-money laundering controls has piled pressure on the bank's board, coming after a series of transgressions and a drop in earnings that had already prompted calls for change at the top.
*Palladium sinks from Monday's 13- year high. NEW YORK/ LONDON, Aug 19- Gold futures eased on Tuesday, under pressure from buoyant equities markets and a stronger dollar after upbeat U.S. economic data, and palladium sank from Monday's 13- year high as traders booked profits. "Gold obviously didn't like the U.S.
NEW YORK, Aug 19- British banking company Standard Chartered Plc will pay a $300 million penalty and suspend or exit some important businesses after failing to weed out risky transactions that could be linked to money laundering.
*Investors buy gold, Treasuries on Ukraine news. NEW YORK/ LONDON, Aug 15- Gold prices were slightly lower on Friday, paring losses on safe-haven buying as equity markets slid after Ukraine said its forces had engaged a Russian armored column on Ukrainian soil in what appeared to be a major military escalation.
The final conference call took place on Thursday between banker-dealers in the $3 billion a day London silver market in the old process of fixing the benchmark silver price.
NEW YORK, Aug 15- Large global banks are facing increased pressure from U.S. regulators to clamp down on casino money-laundering as the government pushes the industry to police not only its own transactions but customers' as well.
LONDON, Aug 15- The silver market enters a new electronic era in benchmarking on Friday after a regulatory drive for more transparency in price setting brought the 117- year-old silver' fix' to an end. The process will be operated jointly by the Chicago Mercantile Exchange, which provides the platform and algorithm, and administrator Thomson Reuters.
BUENOS AIRES, Aug 14- Argentina branded the hedge funds suing the country over their debt holdings an "international mafia" on Thursday after talks to bring a swift end to its latest default collapsed and sent Argentine bond prices tumbling.
International banks had appeared to be nearing agreement to buy Argentina paper from holdout creditors who have refused to accept a debt restructuring deal with the sovereign.
--Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, Aug 14- Why does the Chinese economy remind me of Chief Inspector Jacques Clouseau?
BUENOS AIRES/ NEW YORK, Aug 13- Prospects for a private sector solution to Argentina's sovereign debt dispute deteriorated on Wednesday after holdout investors said they entertained no realistic offers from bankers while the government dashed hopes it might soon agree to restart talks.
The talks failed amid concerns that the Argentine government has dug in to its refusal to pay certain creditors.
NEW YORK, Aug 12- International banks are struggling to reach a deal to buy a chunk of Argentine sovereign debt held by New York hedge funds suing the country, dampening market hopes for a swift end to the country's latest debt default.
NEW YORK, Aug 12- International banks are struggling to reach a deal to buy a chunk of Argentine sovereign debt held by New York hedge funds suing the country, sources close to the negotiations said on Tuesday.