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Stock Market & Financial Investment News

News Breaks
August 13, 2014
06:31 EDTBCSAnalyst says Barclays up against $2B in crime expenses, Bloomberg says
Sanford C. Bernstein analyst Chirantan Barua said that Barclays is up against expenses worth as much as $2B for supposedly fixing currency markets, being untruthful to customers about its U.S. dark pool trading and mis-selling interest-rate swaps, according to Bloomberg, citing comments from Barua. Barua said that the firm could finalize settlements by the end of the year. Reference Link
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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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