Gavin Black, 46, a former director on Deutsche Bank's money market derivatives and pool trading desks in London, entered his plea in federal court in Manhattan to conspiracy and wire fraud charges after waiving extradition from Britain. Black was indicted in June along with Matthew Connolly, formerly Deutsche Bank's director of the pool trading desk in New...
NEW YORK, Sept 8- A former Deutsche Bank AG trader pleaded not guilty on Thursday to U.S. charges that he conspired to manipulate Libor, the benchmark interest rate at the center of global investigations into misconduct at various banks. Gavin Black, a former director on Deutsche Bank's money market derivatives and pool trading desks in London, entered his plea in...
NEW YORK, Sept 6- BlackRock Inc portfolio managers will be allowed to borrow from their peers if they are pressed for money to cash out clients, the U.S. Securities and Exchange Commission said on Tuesday. Mutual funds and money market funds offered by the world's largest asset manager will be able to borrow up to 10 percent of the value of their assets on an "...
U.S.-BASED MONEY MARKET FUNDS POST $15.9 BLN OUTFLOWS OVER WEEKLY PERIOD, AFTER $20.9 BLN INFLOWS THE WEEK PRIOR- LIPPER.
Former FDIC Chair Sheila Bair joins Rick Santelli to discuss FDIC funds and money market reform.
Andrew Paranthoiene, director of financial institution ratings at S&P Global Ratings, discusses the problem of investing in money markets.
Ken Brown, Wall Street Journal, discusses why we are seeing money migration from money markets to government bond funds.
Jim Bianco, president of Bianco Research, joins CNBC's Rick Santelli to discuss Federal Reserve monetary policy.
Following the first day of Federal Reserve Chairman Janet Yellen's testimony, CNBC contributor Ron Insana explains how negative rates may come into play to put money into the economy.
More than 60 percent of U.S. credit card holders admit they don’t have a ‘chip-enabled’ card, a survey suggests. Chris Britt, co-founder & CEO of Chime, discusses the new research.
Levin Kellner, co-founder and CEO of Coyno, discusses the impact of bitcoin at events like CeBIT, and whether the virtual currency is stalling.
After the SEC passed new rules, this financial advisor's advice is: Stay out of money-market funds!
The SEC adopted rules designed to curb the risk of investor runs on money market funds.
Regulators are expected to vote to end the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors.
CNBC's Rick Santelli talks with Charles Biderman, TrimTabs Investment Research founder & chairman, about where investors are placing their bets now and what's happening in money markets.
Robert Tipp, Prudential Fixed Income; Brian Belski, BMO Capital Markets, and Rebecca Patterson, Bessemer Trust, discuss whether the rise in yields is over and if money will migrate from bonds into equities.
Why are mass amounts of investors bailing from bond funds and emerging market equities? Charles Biderman, TrimTabs Investment Research, shares his insight.
Alexandra Lebenthal, President and CEO of Lebenthal & Co, provides a strategy for investors to bank profits when the Fed begins winding down its bond-buying policies.
Mark Matthews, Head of Research Asia at Bank Julius Baer discusses how the markets have not transitioned into looking at China as a value investment, from its previous growth investment view.
Martin Lakos, Division Director at Macquarie Private Wealth, says the rotation from bonds to equities is in full flow, despite concerns over the U.S. 'sequester' spending cuts.