London’s currency traders are set for a dramatic fall in bonuses, amid FX investigations and low trading volumes, a new report has found.» Read More
Consumer sentiment, due out just before 10 a.m. ET, will likely help shape Friday's trade.
*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.
*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.
NEW YORK, June 23- The Financial Industry Regulatory Authority has withdrawn a proposal that would require brokers to disclose to customers signing bonuses and other compensation they receive to move to a new firm, but it plans to refile it later this year.
NEW YORK, June 19- U.S. authorities are probing UBS AG for criminal fraud after a former broker in Puerto Rico allegedly directed clients to improperly borrow money to buy mutual funds that later plunged, according to lawyers representing some of the investors.
JPMorgan was again ranked the top investment bank by revenue in the first quarter with $5.9 billion, according to a new survey.
BEIJING, June 18- China's average new home prices edged down for the first time in two years in May, official data showed on Wednesday, underlining a downtrend taking hold in the market as the economy slows.
WASHINGTON, June 17- The pricing model used by U.S. stock exchanges to attract liquidity came under fire on Tuesday, as several Wall Street executives called for ending the practice and two U.S. senators raised concerns about the potential conflicts it creates.
A subsequent merger of Williams' MLP, Williams Partners LP, with Access, will, if successful, create one of the largest MLPs by enterprise value- close to $100 billion.
SYDNEY/ SINGAPORE, June 12- Australian regulators are ramping up their investigation into the country's banks over fixing of the benchmark inter-bank interest rates and currencies, two sources with direct knowledge of the matter told Reuters.
NEW YORK, June 11- House Majority Leader Eric Cantor's shocking defeat isn't likely to have much effect on U.S. financial markets-- unless his departure emboldens Tea Party Republicans to again threaten a government shut-down over the debt ceiling next year, investment strategists said.
NEW YORK/ WASHINGTON, June 10- A former Rabobank NV trader pleaded guilty on Tuesday for his role in manipulating Libor, becoming the first person to admit guilt in a worldwide probe into alleged manipulation of interest rate benchmarks. District Judge Jed Rakoff in Manhattan, the U.S. Department of Justice said.
WASHINGTON/ NEW YORK, June 10- A former Rabobank NV trader on Tuesday pleaded guilty for his role in manipulating the Yen Libor benchmark interest rate, the U.S. Department of Justice said. District Judge Jed Rakoff in Manhattan, the Justice Department said.
Funds of hedge funds continue to lose assets, but a handful of top firms continue to consolidate market share.
HONG KONG, June 6- Shares in China's Qingdao Port International Co Ltd weakened in their Hong Kong trading debut on Friday amid concern that the company could be hurt by a probe into metal financing at the world's seventh busiest port.
BEIJING, June 5- Stronger foreign and domestic demand probably helped to stabilize China's economy in May, boosting growth in exports, factory production and retail sales, a Reuters poll showed.
NEW YORK, June 2- "Dark pools" owned by five big banks account for around half of all trades on alternative trading systems, exchange-like trading platforms that critics blame for making the markets less transparent, according to a weekly report released on Monday.
NEW YORK, May 30- Twelve major banks asked a U.S. judge on Friday to throw out a consolidated antitrust lawsuit accusing them of colluding to rig prices in the $5 trillion- a-day foreign exchange market, saying the plaintiff investors had failed to properly allege the existence of a conspiracy.