Fifteen of the world's largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust watchdog Cade said.» Read More
For banks at the center of the recent foreign exchange investigation, paying the $3.4 billion in fines might be the easy part.
The inquiry into alleged manipulation of the currency market now takes in the world’s biggest banks, traders – and now the U.K’s central bank.
European shares closed lower on Wednesday, with investors shunning banking stocks after regulators announced penalties.
Wall Street looked set for a lower open to trade on Wednesday, ahead of a final burst of earnings for the third quarter.
These are the stocks posting the largest moves before the bell: BZH, YHOO, AOL, SEAS, AGN, WMT & more.
Financial regulators on both sides of the Atlantic imposed multibillion-dollar fines on five global banks for rigging key foreign exchange markets.
Regulators worked late to announce a multibillion-dollar settlement with five global banks to resolve charges of attempted currency manipulation.
U.S. stocks ended near highs on Tuesday, with the Dow and S&P each edging up to a record close.
Benchmark Brent crude hit a four-year below $81 low on Tuesday, nearing a test below the psychologically important $80 a barrel mark.
The "Fast Money" traders share their final trades of the day.
Now as the debt comes up for repayment, Gazprombank , like many of its Russian peers, is shut out of global capital markets by Western sanctions.
Wall Street recruiters aim to hire military veterans in a bid to help them adapt to civilian life.
Oil prices climbed about a dollar on Friday, driven in part by concerns about a collapse of the Ukrainian ceasefire and forecasts of unseasonable cold in the Midwest.
A former deal manager says she witnessed a "massive criminal securities fraud" at JPM, but was forced to keep it a secret, according to Rolling Stone.
Some of Friday's midday movers:
U.K. regulators investigating allegations of collusion and manipulation in the FX market could fine some banks as early as Wednesday, sources said.
Bank of America adjusted its third-quarter financial results on a $400 million litigation expense related to its foreign-exchange business.
Perhaps it's time for shareholders to take matters into their own hands when it comes to securities class actions, says M. Todd henderson and Adam Pritchard.
Before you jump on the big data bandwagon, make sure you're prepared for the big risk that comes with it, says consultant Glenn Kapetansky.
Sen. John Barrasso, chairman of the Senate Republican Policy Committee, tells CNBC the president fails to realize what happened in the midterms.