legal investigations

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BofA triples third-quarter loss due to forex legal expense

07/11/2014(0)
Bank of America Corp (BAC.N) tripled its third-quarter loss to $232 million, in a revision that added legal costs related to global investigations into foreign exchange trading at major banks. ... Read More
A sign for Bank Street and high rise offices are pictured in the financial district Canary Wharf in London

UK banks face break-up threat as competition probe launched

06/11/2014(0)
Britain’s big banks could be broken up after the country’s competition watchdog launched a full-blown investigation into services for small business customers and personal accounts because of a lack of competition. It marks ... Read More
barclays

Barclays, Credit Suisse Battle Banker Exodus, Legal Woes

05/05/2014(0)
Barclays Plc (BARC), Credit Suisse Group AG and UBS AG (UBSN) will face questions this week about key banker departures, legal challenges and their efforts to boost profitability. Barclays ... Read More
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