Latest news from Hitc.com - Business feed

Latest news from Hitc.com - Business feed

  1. Mystery bond trader may have netted $10m profit

    07.22 / 07:41 hitc.com Hitc.com - Business
    The unknown bond trader who placed a potentially record wager in the Treasury options market may have just netted a $10 million…
  2. Deutsche, JPMorgan and Wells Fargo to pay up

    07.22 / 07:41 hitc.com Hitc.com - Business
    Deutsche Bank and JPMorgan Chase have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest…
  3. Barclays said proposes bronze, silver and gold service for its research

    07.22 / 07:41 hitc.com Hitc.com - Business
    Barclays' clients may have to pay as much as ($455,000) to get the top service package from its equities analysts once free research is banned in Europe, the first price for stocks coverage to emerge from a major…
  4. US decides to drop criminal charges against former JPMorgan traders in 'London Whale' case

    07.22 / 06:23 hitc.com Hitc.com - Business
    The U.S. has decided to drop criminal charges against former JPMorgan traders Javier Martin-Artajo and Julien Grout in the "London whale"…
  5. Too calm? Wall Street volatility collapses to lowest since 1993

    07.22 / 06:23 hitc.com Hitc.com - Business
    Traders are betting on even calmer stock markets as the S&P 500 persistently climbs…
  6. Bank of America to move some City of London roles to Dublin post-Brexit

    07.21 / 19:58 hitc.com Hitc.com - Business
    Bank of America has become the latest high-profile City firm to reveal its post-Brexit EU hub, selecting Dublin as the location for some of its activities, amid fresh calls for the UK to clinch a transitional deal before it leaves the 28-nation bloc in…
  7. Banks and companies plan expansion in Frankfurt after Brexit

    07.21 / 19:58 hitc.com Hitc.com - Business
    Several hundred banks and companies have contacted German authorities about expanding in Frankfurt, as the city vies to become the EU’s principal financial centre after B…
  8. Scaramucci taking White House job before hedge fund sale is final

    07.21 / 19:58 hitc.com Hitc.com - Business
    The founder of SkyBridge Capital is set to take over as communications director following months of speculation and false starts about where he would…
  9. Martin Shkreli trial could go to jury next week; judge slams lawyers for arguing 'like ... children'

    07.21 / 19:58 hitc.com Hitc.com - Business
    As Shkreli's trial ends its fourth week, fraying nerves between both sides have become obvious, and led to sniping between prosecutors and defense…
  10. Bloomberg - Top firm's big business has become a 'nagging headache' for CEO

    07.21 / 11:59 hitc.com Hitc.com - Business
    The group has lost almost one-third of its market share to…
  11. Two JPMorgan whistleblowers set to share $61m

    07.21 / 11:59 hitc.com Hitc.com - Business
    Two whistle-blowers are set to share a record $61 million award from the Securities and Exchange Commission for helping make the case that JPMorgan Chase failed to disclose to wealthy clients that it was steering them into investments that would be most profitable for the…
  12. Bloomberg - Frankfurt bank space becoming more scarce

    07.21 / 11:59 hitc.com Hitc.com - Business
    Banks are running out of options to lease large amounts of office space in Frankfurt following the U.K.’s vote to leave the European U…
  13. Bitcoin nears record high after a 'milestone' in the fierce debate over its future

    07.21 / 10:38 hitc.com Hitc.com - Business
    Some in the bitcoin space said there are more hurdles to jump over yet in the scaling…
  14. Lloyds compensates only five victims of HBOS fraud scandal

    07.21 / 10:38 hitc.com Hitc.com - Business
    Lloyds Banking Group has paid compensation to only five of the 67 victims of the HBOS Reading fraud scandal almost a month after its own deadline for making redress offers for the “utterly corrupt scheme” that left small business owners “cheated, defeated and penniless”. The bank, which was until recently part-owned by the government, said on Friday that just five of its customers had accepted its offers of compensation. It has failed to make any offer to…