European shares closed higher after voters in Scotland rejected independence and opted to remain within the United Kingdom.» Read More
European shares closed lower on Tuesday, with investors cautious regarding an upcoming independence vote for Scotland.
LONDON, Sept 9- At the heart of the debate about whether or not Scotland can prosper as an independent country, ahead of a vote on Sept. 18, is the issue of what would happen to its financial services industry.
Scottish independence: The new worry for equities. It has driven the pound down against the dollar.
LONDON— Britain's main political leaders scrambled Monday to offer Scotland greater autonomy in a last-minute bid to stave off independence, as the pound sank on opinion polls suggesting separatists are gaining ground— and may even be in the lead.
The defendants include Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, HSBC Holdings Plc, JPMorgan Chase& Co, Nomura Holdings Inc., Royal Bank of Scotland Group Plc, UBS AG and Wells Fargo& Co..
NEW YORK, Sept 4- A Manhattan federal judge said on Thursday that investors may pursue a lawsuit accusing 12 major banks of violating antitrust law by fixing prices and restraining competition in the roughly $21 trillion market for credit default swaps.
NEW YORK, Sept 4- A Manhattan federal judge on Thursday narrowed but refused to dismiss a lawsuit accusing 12 major banks of fixing prices and restraining competition in the multitrillion-dollar market for credit default swaps, violating U.S. antitrust law.
NEW YORK, Sept 4- The euro hit fresh 14- month lows against the U.S. dollar and nearly two-year lows against the Swiss franc on Thursday after the European Central Bank cut interest rates and said it would launch an asset purchase program to ward off deflation.
The Bank of Japan will maintain its massive monetary stimulus on Thursday and argue that the bigger-than-expected hit from a sales tax rise will be temporary.
The highly anticipated iPhone 6 is expected to provide a much-needed boost not only for Apple sales but also for Greater China's export sector.
A statute relied on by the banking regulator to bring this and similar cases on behalf of banks it seized "did not give the FDIC more time to bring claims that would otherwise have been lost," Stanton wrote.
Fees and charges can vary dramatically from bank to bank and region to region, making it important for savers to compare what costs they may face.
European Central Bank (ECB) chief Mario Draghi appears to be implementing his own three-pronged plan to rescue the euro zone economy.
Economists expecting a pickup in Western demand to drive Asia's growth recovery have been disappointed thus far.
NAB acquired regional lender Great Western in 2008 for just below $1 billion to get more involved in funding agribusiness in the United States, but the operation lacks the scale of larger competitors in the western states where it operates.
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.
Kim Dotcom's Internet Mana party could prove to be a wildcard at New Zealand's general election next month.
European shares closed flat-to-higher on Wednesday as investors considered the possibility of more monetary easing in the euro zone.
A deluge of Japanese economic data on Friday is set to influence expectations on whether the Bank of Japan (BOJ) will top up its stimulus program.
What have we learnt from the recent reporting flurry? Societe Generale has put together a list of conclusions to be drawn from this earnings season.