financial crisis

The Lehman Brothers headquarters in New York

J.P. Morgan to Pay $1.42 Billion to Settle Most Lehman Claims

26/01/2016(0)
Deal doesn’t resolve all of failed investment bank’s claims against J.P. Morgan J.P. Morgan Chase & Co. has agreed to pay the remnants of Lehman Brothers Holdings Inc. $1.42 billion ... Read More
tsipras-July 2015

Greece Reaches Tsipras Anniversary Facing Pension Battle

25/01/2016(0)
Bonds sink ahead of tough negotiations over pension reform Government wants speedy end to bailout review with creditors Prime Minister Alexis Tsipras is marking the one-year anniversary of his ... Read More
Bank for International Settlements (BIS)

International central bank committees release reports on fixed income markets

22/01/2016(0)
The Committee on the Global Financial System (CGFS) and the Markets Committee today released two reports on the structure and liquidity of fixed income markets. The CGFS report, Fixed income ... Read More
saudi-arabia

Saudi Arabia Said to Ban Betting Against Its Currency

21/01/2016(0)
Central bank said to give directive at Jan. 18 Riyadh meeting Riyal forwards jump to highest in at least 2 decades in Jan. Pressured by plunging oil prices and ... Read More
wall-street

Swaps Payout Is a Windfall for Funds

11/01/2016(0)
Market participants, lawyers will divide up $1.9 billion settlement Here’s another way some Wall Street debt traders are making money: suing. Several hedge funds and other big credit investors ... Read More
150520-banks-editorial

Banks Get Relief on Accounting Headache

07/01/2016(0)
New treatment to alter lenders’ debt-value adjustments The banking industry’s least-favorite accounting rule is being scrapped. Accounting rule-makers on Tuesday changed a provision that in recent years has resulted ... Read More
tsipras

Greece’s economic crisis goes on, like an odyssey without end

07/01/2016(0)
When Stavros Staikos thinks of the year ahead, he expresses dread. Although stoic in demeanour, the retired merchant seaman struggles to be upbeat about his country and his own ... Read More
market-Lloyds

Lloyds under investigation by FCA over possible market rigging

07/01/2016(0)
Reports say investigation into gilts trading is not industry-wide despite recent criticism of regulator for dropping review into culture at major banks  The City regulator is investigating whether traders ... Read More
RBS

RBS closes Luxembourg deal with BlackFin

05/01/2016(0)
RBS (Luxembourg), formerly part of the UK’s Royal Bank of Scotland group, has been renamed FundRock Management Company as the sale of it to private equity firm, BlackFin Capital Partners, closes. ... Read More
china-stocks-board

Chinese Debt Snowball Gaining Momentum

30/11/2015(0)
Financial crises can happen quickly, like the bursting of the tech stock bubble in early 2000, or slowly, like the late-1980s junk bond bust. The shape of the crash ... Read More
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