Financials
  • The chief executive of Standard Chartered bank is in New York ahead of a hearing with the regulator who has branded the British bank a rogue operator that has hid transactions involving oil money for Iran.

    LAST UPDATE : Aug 22, 2012, 2:06 AM EDT
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  • Peregrine Financial Group founder and chief executive Russell Wasendorf Sr wa sindicted on charges of lying to regulators, a little over a month after he botched a suicide attempt and confessed to bilking customers of his brokerage for years.

    LAST UPDATE : Aug 22, 2012, 12:52 AM EDT
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  • The Julius Baer Group says it has agreed to pay 860 million francs ($879 million) to buy Bank of America Corp.'s Merrill Lynch wealth management operations outside the United States.

    LAST UPDATE : Aug 21, 2012, 6:13 PM EDT
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    Bank of Ireland — the only major Irish lender to avoid state control — has reported a higher loss in the first half of the year and higher impairments.

    LAST UPDATE : Aug 21, 2012, 12:17 PM EDT
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    E-Trade Financial has ousted its CEO, Citigroup veteran Steven Freiberg, just two years into a four-year contract as the online broker deals with declining trading by customers.

     
    LAST UPDATE : Aug 21, 2012, 12:17 PM EDT
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  • The U.S. Justice Departmentsaid it will not pursue criminal charges against Goldman SachsGroup Inc or its employees related to accusations that the firm bet against the same subprime mortgage securities it was selling to clients.

    LAST UPDATE : Aug 22, 2012, 2:06 AM EDT
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