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Bumble Bee Foods Executive to Plead Guilty to Fixing Canned Tuna Prices

A Bumble Bee Foods executive has agreed to plead guilty to fixing prices on canned tuna, the first criminal charges in an ongoing Justice Department probe in the packaged seafood industry......»»

Category: smallbizSource: wsjDec 7th, 2016

Euribor fixing: EU fines Credit Agricole, HSBC, JPMorgan $520 mn

They were part of a seven-bank cartel that colluded between Sep 2005 and May 2008 to distort the benchmark interest rate used to reflect the cost of interbank lending.....»»

Category: topSource: business-standardDec 7th, 2016

EU fines Credit Agricole, HSBC, JPMorgan $520 mn for Euribor fixing

They were part of a seven-bank cartel that colluded between Sep 2005 and May 2008 to distort the benchmark interest rate used to reflect the cost of interbank lending.....»»

Category: topSource: business-standardDec 7th, 2016

EU fines JPMorgan, Crédit Agricole & HSBC over Euribor fixing

Banks told to pay total of €485m for ‘collusion’ in interest rate derivatives market.....»»

Category: topSource: ftDec 7th, 2016

Deutsche Bank to Resolve U.S. Gold Price-Fixing Case

Legal hassles for major global banks continue unabated. The German lender, Deutsche Bank AG (DB), has agreed to settle the private U.S. antitrust litigation by traders and other investors by paying $60 million. Legal hassles for major global ba.....»»

Category: topSource: zacksDec 5th, 2016

Forget the December Rate Hike: Buy These 4 Dividend Growers Now

Still think the Federal Reserve may not hike rates this month? It’s time to change that view. Traders betting through the Fed futures market now see the odds of rates staying where they are at a measly 1.4% after strong employment and consumer confidenc.....»»

Category: marketsSource: forbesDec 3rd, 2016

Tweeting Trump Makes Volatility Great Again

Trump’s twitchy Twitter trigger finger has traders from Singapore to New York on tenterhooks......»»

Category: topSource: barronsDec 3rd, 2016

Deutsche Bank to pay $60 million to settle US gold price-fixing case

Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense......»»

Category: topSource: moneycentralDec 2nd, 2016

Deutsche Bank to pay $60 million to settle U.S. gold price-fixing case

NEW YORK (Reuters) - Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense......»»

Category: topSource: reutersDec 2nd, 2016

Traders keep bets on Fed rate hike later this month

Chances of a rate hike at the Fed's Dec. 13-14 meeting were pegged at 95 percent after the report, based on CME's FedWatch page. Before the release, which also showed a solid 178,000 jobs gained last month, traders saw about a 93 percent chance .....»»

Category: topSource: yahooDec 2nd, 2016

Traders Keep Bets on Fed Rate Hike Later This Month

U.S. short-term interest rate futures rose slightly on Friday after a government report showed hourly earnings fell in November, but traders largely kept bets intact on a Federal Reserve interest-rate hike later this month......»»

Category: topSource: foxnewsDec 2nd, 2016

Traders keep bets on Fed rate hike later this month

(Reuters) - U.S. short-term interest rate futures rose slightly on Friday after a government report showed hourly earnings fell in November, but traders largely kept bets intact on a Federal Reserve interest-rate hike later this month......»»

Category: topSource: reutersDec 2nd, 2016

US futures Lower Ahead of US Jobs Data

US futures are pointing to a lower open in light trade on Friday morning, as traders await the latest data on the US labour market and gear up for the first rate hike of 2016 from the Federal Reserve. While the November jobs report is not necessarily bein.....»»

Category: topSource: marketpulseDec 2nd, 2016

Asia shares drop, Treasury yields near high as markets brace for aggressive U.S. rate rises

SINGAPORE (Reuters) - Asian shares joined Wall Street and Europe in surrendering some recent gains on Friday, retreating on the possibility of faster-than-expected U.S. interest rate increases that boosted 10-year U.S. Treasury yields to an 18-month high .....»»

Category: topSource: reutersDec 2nd, 2016

Asian shares drop, Treasury yields near high as markets brace for aggressive U.S. rate rises

By Nichola Saminather SINGAPORE (Reuters) - Asian shares joined Wall Street and Europe in surrendering some recent gains on Friday, retreating on the possibility of faster-than-expected U.S. interest rate increases that boosted 10-year U.S. Treasury yield.....»»

Category: topSource: yahooDec 2nd, 2016

Asia shares drop, Treasury yields near high as markets brace for aggressive U.S. rate rises

By Nichola Saminather SINGAPORE (Reuters) - Asian shares joined Wall Street and Europe in surrendering some recent gains on Friday, retreating on the possibility of faster-than-expected U.S. interest rate increases that boosted 10-year U.S. Treasury yield.....»»

Category: topSource: yahooDec 2nd, 2016

Singapore slaps penalties on StanChart, Coutts in 1MDB-related probe - Reuters

ReutersSingapore slaps penalties on StanChart, Coutts in 1MDB-related probeReutersThe logo of British bank Coutts is seen at the entrance of an office building in Zurich March 27, 2015. REUTERS/Arnd Wiegmann. 2/2. left. right. A Standard Chartered bank br.....»»

Category: topSource: googlenewsDec 2nd, 2016

Singapore slaps penalties on StanChart, Coutts in 1MDB-related probe

SINGAPORE (Reuters) - Singapore's central bank said on Friday it imposed penalties on the local units of U.K.-based Standard Chartered Bank and Coutts for money laundering breaches related to Malaysia's scandal-tainted 1MDB fund......»»

Category: topSource: reutersDec 2nd, 2016

Singapore to ban ex-Goldman banker amid 1MDB probe

Leissner barred over reference for financier at heart of alleged multibillion-dollar scandal.....»»

Category: topSource: ftDec 2nd, 2016

Singapore Fines Banks for 1MDB Fund Links

Standard Chartered, Coutts private bank fined in Singapore probe into indebted Malaysian state fund 1MDB.....»»

Category: topSource: abcnewsDec 1st, 2016