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Tag Archive | "shared"

Ireland votes on scrapping upper house of parliament

Friday, October 4, 2013

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Irish Catholic nuns exit a polling station after casting their ballots for the Seanad (senate) referendum in Dublin, Ireland, on October 4, 2013

Cash-strapped Ireland voted in a referendum on Friday on whether to back Prime Minister Enda Kenny's controversial proposals to abolish the upper house of parliament.

Barclays sells almost 95% of new shares

Friday, October 4, 2013

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Barclays has sold nearly all of the shares in its £5.8-billion ($9.4-billlion, 6.9-billion-euro) rights issue, the British bank said on Friday

Barclays has sold nearly all of the shares in its £5.8-billion ($9.4-billlion, 6.9-billion-euro) rights issue, the British bank said on Friday.

Ex-Goldman trader Tourre seeks to overturn verdict

Tuesday, October 1, 2013

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Ex-Goldman Sachs trader Fabrice Tourre, pictured on August 1, 2013 has asked a US judge to dismiss a verdict that he defrauded investors over mortgage securities, or order a new trial in the case

Ex-Goldman Sachs trader Fabrice Tourre has asked a US judge to dismiss a verdict that he defrauded investors over mortgage securities, or order a new trial in the case.

Wells Fargo to pay $869 mn claim to Freddie Mac

Tuesday, October 1, 2013

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Wells Fargo bank said it will pay $869 million to Freddie Mac to settle claims of potential fraud in home loans it sold to the US government-controlled mortgage company

Wells Fargo bank said it will pay $869 million to Freddie Mac to settle claims of potential fraud in home loans it sold to the US government-controlled mortgage company.

Greece sends message to doubters with arrest of neo-Nazi

Saturday, September 28, 2013

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The leader of ultra-right wing Golden Dawn party Nikos Michaloliakos is escorted by masked police officers to the prosecutor from the police headquarters in Athens on September 28, 2013

With the arrest of a neo-Nazi leader on Saturday, the Greek government is sending a message of strength despite longstanding financial turmoil to many at home and abroad, analysts claim.

Bank of America fined $2.2 mn in discrimination suit

Tuesday, September 24, 2013

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The Bank of America Corporate Center, pictured on July 11, 2012 in Charlotte, North Carolina

A US judge has ordered Bank of America to pay nearly $2.2 million for discriminating against African-American job seekers, in a case that has been ongoing for nearly two decades.

JPMorgan faces new lawsuit over subprime mortgages: report

Tuesday, September 24, 2013

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The US justice department is preparing to file a civil lawsuit against banking giant JPMorgan Chase

The US justice department is preparing to file a civil lawsuit against banking giant JPMorgan Chase over its handling of "subprime" mortgages after settlement talks broke off, the Wall Street Journal said.

BayernLB chief executive to step down

Monday, September 23, 2013

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Gerd Haeusler, CEO of Bayern LB attends a press conference in Munich on March 29, 2012

Troubled German regional bank BayernLB said Monday its chief executive Gerd Haeusler is stepping down at the end of the year.

Prudential Financial designated ‘too big to fail’

Friday, September 20, 2013

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US regulators named insurer Prudential Financial to its list of "too-big-to-fail" institutions

US regulators on Friday named insurer Prudential Financial to its list of "too-big-to-fail" institutions, the third non-bank placed under a tighter regulatory regime to reduce risks to the financial system.

Prudential Financial designated ‘too big to fail’

Friday, September 20, 2013

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US regulators named insurer Prudential Financial to its list of "too-big-to-fail" institutions

US regulators on Friday named insurer Prudential Financial to its list of "too-big-to-fail" institutions, the third non-bank placed under a tighter regulatory regime to reduce risks to the financial system.

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