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The Financial Conduct Authority, along with watchdogs from the United States and Asia, is investigating if traders tried to rig foreign exchange benchmarks, such as the so-called London fixing at 4 p.m. each day, which is the nearest thing to a closing price in the 24- hour, self-regulated market.
NEW YORK, Nov 14- Moody's Investors Service cut the debt ratings for four big bank holding companies, including Morgan Stanley and JPMorgan Chase& Co, citing its increasing confidence that the U.S. government will not bail out the companies if they fail.
JPMorgan Chase, Credit Suisse Group and Citigroup Inc, among others, are reviewing chat room use over concerns that some of those forums are seen by regulators as potential venues for collusion and market manipulation.
NEW YORK, Oct 31- Asset manager Invesco Ltd said on Thursday that its third-quarter profit rose 34 percent as strong net inflows, primarily in its retail business, helped boost assets. Assets under management at Invesco grew by $39.9 billion during the quarter to total $745.5 billion at the end of September, a 12.4 percent increase from a year earlier.
SINGAPORE, Oct 24- Singapore's central bank said it was ready to assist in investigations into alleged manipulation of foreign exchange rates, potentially widening a probe in the $5.3 trillion- a-day FX market that already involves authorities in the United States, Britain, Switzerland and Hong Kong.
SINGAPORE, Oct 24- The Monetary Authority of Singapore said on Thursday it has been in touch with foreign regulators looking into the alleged manipulation of foreign exchange rates, and was ready to assist in investigations.
Oct 22- State Street Corp, the world's second-largest standalone custody bank, said on Tuesday that third-quarter operating profit rose 14 percent on double-digit gains in revenue from servicing client assets and managing money.
Citigroup and State Street look to impose limits on the use of short-term T-bills due in upcoming weeks as collateral reports the Wall Street Journal.
Oct 14- Citigroup Inc and State Street Corp have been exploring ways in which they might impose limits on the use of short-term treasury bills due in the coming weeks as collateral, the Wall Street Journal reported, citing people familiar with the matter.
*Swiss antitrust, market regulators already probing forex. *RBS said to have handed instant messages to Britain's regulator. ZURICH, Oct 9- Swiss finance minister Eveline Widmer-Schlumpf on Wednesday retracted an assertion that she knew the foreign exchange market had been manipulated.
ZURICH, Oct 4- Switzerland's financial markets regulator is working with authorities in other countries to investigate possible manipulation in the $5 trillion- a-day foreign exchange market potentially involving multiple banks.
CEOs from major banks met with President Obama on Wednesday and warned of the consequences if lawmakers fail to raise the US debt ceiling.
The asset management arm at Boston- based State Street Corp experienced the heaviest redemptions among ETF sponsors with $19.5 billion in outflows during August, IndexUniverse said. BlackRock Inc., the No. 1 U.S. BlackRock oversees about $588 billion in ETF assets.
NEW YORK, Aug 22- Moody's Investors Service said it might cut the credit ratings of major U.S. bank holding companies, including JPMorgan Chase& Co and Goldman Sachs Group Inc, citing reduced chances that the government will fully bail out bond investors if the companies run into financial distress.
Billionaire investor Nelson Peltz had a tough second quarter with his Trian Partners funds vastly underperforming the S&P 500, according to an investor letter obtained by CNBC.
BOSTON, July 26- Fidelity Investments disclosed on Friday its plans to use U.S. money manager BlackRock Inc as subadviser on a slate of 10 new sector-oriented exchange-traded funds. The disclosure follows up a previously stated plan to have BlackRock help Fidelity develop its own line of equity sector ETFs.
The Boston- based bank earned $571 million, or $1.24 a share, compared with $480 million, or 98 cents a share, in the year-ago period.
U.S. stock index futures were lower Friday, a day after the Dow and the S&P 500 rallied to fresh closing and intraday highs, pressured by some disappointing earnings reports.
BOSTON, July 19- State Street Corp's second-quarter profit rose 25 percent, beating Wall Street estimates, as compensation costs fell and revenue increased from managing money, servicing client assets and trading foreign currencies.
Some of the names on the move ahead of the open.