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Stock Market & Financial Investment News

News Breaks
January 14, 2013
10:27 EDTBCSBarclays seen cutting investment banking pay by up to 20%, Reuters reports
According to people familiar with the matter, Barclays (BCS) could cut total pay for investment bankers by up to 20% for 2012 as the bank looks to cut high costs, Reuters reports. The bank is currently finalizing bonuses for 2012 and overall compensation for investment bankers could be down 10%-20% on average. Reference Link
News For BCS From The Last 14 Days
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October 20, 2014
07:21 EDTBCSFederal Reserve Bank of New York and Boston to hold a workshop
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October 16, 2014
08:42 EDTBCSUBS, DOJ in talks for forex rigging settlement, FT reports
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06:50 EDTBCSEuropean regulator rejects bonus loophole, NY Times says
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October 15, 2014
07:27 EDTBCSJPMorgan, HSBC fire traders linked to forex probe, WSJ reports
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October 14, 2014
06:45 EDTBCSData says UK banks paid less than 40% to cover mis-selling, Reuters says
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October 10, 2014
09:13 EDTBCSEBA says EU stress test results to be published October 26
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October 8, 2014
13:34 EDTBCSBarclays to pay $20M to settle accusations over Libor manipulation, Reuters say
Barclays has agreed to pay $20M to resolve a U.S. class action lawsuit over Libor manipulation, reports Reuters, citing court papers filed Wednesday. The $19.98M settlement must be approved by a federal judge. Reference Link
06:59 EDTBCSBarclays urges NY court to throw out fraud suit, Reuters says
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October 7, 2014
07:35 EDTBCSBarclays to hold a symposium
MedTalks Symposium: Healthcare From the Inside Out is being held in New York on October 7.
06:51 EDTBCSJustice Department set to attack more large banks by year end, NY Times says
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October 6, 2014
07:51 EDTBCSBofA/Merrill European banks analysts hold an analyst/industry conference call
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