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Tag Archive | "us"

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.

US firm KKR to buy stake in Chinese appliance giant

Tuesday, October 1, 2013

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US investment firm Kohlberg Kravis Roberts has agreed to buy a 10 percent share in China's biggest appliance maker Qingdao Haier, in its biggest investment in the country

US investment firm Kohlberg Kravis Roberts (KKR) has agreed to buy a 10 percent share in China's biggest appliance maker Qingdao Haier, in its biggest investment in the country.

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.

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.

Five years after Lehman: bank regulation incomplete

Thursday, September 12, 2013

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A Wall Street sign is shown in front of the New York Stock Exchange on February 4, 2013

Five years after Lehman Brothers collapsed, the huge job of preventing the financial sector from bringing down the US economy again remains an unfinished work.

Swiss bury tax fraud hatchet with US, but at what cost?

Tuesday, September 10, 2013

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People walk past a bank on October 13, 2012 in Zurich

Switzerland is racing to end a bitter dispute with Washington over Swiss bank accounts held by US tax dodgers, but observers warn the new-found peace could come at a high cost.

Bank of America to cut 2,100 jobs

Monday, September 9, 2013

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A woman leaves a Bank of America on August 7, 2013 in Washington, DC

Bank of America said Monday it would cut 2,100 jobs from its home mortgage unit as a key driver of the business, refinancing, has slowed down with higher interest rates.

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Money makes the world go round, but many people are less than diligent when it comes to their own finances. A lot of people aren't even entirely sure what happens to the money they make or even where it comes from. Financial Guide Online provides simple, easy to follow advice for anyone looking to tighten their grip on their monetary comings and goings. With advice on both home finance and business finance, we aim to bring you useful tips and interesting information to help you understand everything you need to know about your finances.

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