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Stock Market & Financial Investment News

News Breaks
June 23, 2014
07:21 EDTBCSBarclays upgraded to Buy from Hold at Canaccord
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August 27, 2015
07:57 EDTBCSPlatts to hold a conference
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06:13 EDTBCSJudge throws out HFT suit against Barclays, exchanges, FT reports
A U.S. judge has dismissed investor lawsuits against Barclays and certain U.S. exchanges alleging that the bank rigged its "dark pool" trading venue in favor of high-frequency traders, the Financial Times reports. The judge ruled that the plaintiffs did not claim any actions meeting the definition of "manipulative acts," the report says. Reference Link
August 18, 2015
06:45 EDTBCSNine banks agree to $2B settlement for currency market rigging, FT says
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August 13, 2015
17:37 EDTBCSEight banks agree to pay $2B to settle currency rigging suit, Reuters says
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07:50 EDTBCSBarclays Kenya in no rush to buy smaller banks, Bloomberg reports
Barclays Bank of Kenya is not an in any rush to buy smaller rivals in Kenya as the nation's authorities push for consolidation in the industry, Bloomberg reports, citing an interview with Managing Director Jeremy Awori. The unit is still open-minded about potential future opportunities, but wants to avoid "acquiring smaller banks for the sake of it," Awori said in the interview. Reference Link

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