New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 20, 2014
08:07 EDTTCB, BCS, ICE, CME, AMP, BLK, MHFI, AIG, BKUBS to hold a conference
Global Financial Services Conference to be held in New York on May 20-21 with webcasted company presentations to begin on May 20 at 8:45 am; not all company presentations may be webcasted. Webcast Link
News For BK;AIG;ICE;MHFI;AMP;BCS;BLK;CME;TCB From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
January 21, 2015
09:06 EDTMHFISEC announces charges against S&P for fraudulent ratings misconduct
The Securities and Exchange Commission announced a series of federal securities law violations by Standard & Poorís Ratings Services involving fraudulent misconduct in its ratings of certain commercial mortgage-backed securities. S&P agreed to pay more than $58M to settle the SECís charges, plus an additional $19M to settle parallel cases announced by the New York Attorney Generalís office -- $12M -- and the Massachusetts Attorney Generalís office -- $7M. The SEC issued three orders instituting settled administrative proceedings against S&P. One order, in which S&P made certain admissions, addressed S&Pís practices in its conduit fusion CMBS ratings methodology. S&Pís public disclosures affirmatively misrepresented that it was using one approach when it actually used a different methodology in 2011 to rate six conduit fusion CMBS transactions and issue preliminary ratings on two more transactions. As part of this settlement, S&P agreed to take a one-year timeout from rating conduit fusion CMBS. In a separate order instituting a litigated administrative proceeding, the SEC Enforcement Division alleges that the former head of S&Pís CMBS Group fraudulently misrepresented the manner in which the firm calculated a critical aspect of certain CMBS ratings in 2011. Barbara Duka allegedly instituted the shift to more issuer-friendly ratings criteria, and the firm failed to properly disclose the less rigorous methodology. The matter against Duka will be scheduled for a public hearing before an administrative law judge for proceedings to adjudicate the Enforcement Divisionís allegations and determine what, if any, remedial actions are appropriate.
09:05 EDTMHFISEC announves charges against S&P for fraudulent ratings misconduct
Subscribe for More Information
08:25 EDTBKBNY Mellon volatility elevated into Q4 and outlook
Subscribe for More Information
05:12 EDTAIGAIG to acquire Laya Healthcare
Subscribe for More Information
January 20, 2015
15:29 EDTMHFIS&P may pay $1.5B to U.S to settle ratings issue, Reuters says
S&P in talks with U.S. Justice department and individual states over mortgage ratings, Reuters added.
14:43 EDTMHFIS&P said to be banned by SEC on rating some CMBSs for year, Bloomberg reports
Subscribe for More Information
14:16 EDTMHFIS&P said to be banned by SEC on rating some CMBSs for year, Bloomberg reports
Subscribe for More Information
09:06 EDTICENYSE completes minority investment in Coinbase
Subscribe for More Information
08:39 EDTCMECME raises GFI Group offer to $5.85 per share
Subscribe for More Information
08:37 EDTCMECME raises GFI Group offer to $5.85 per share
Subscribe for More Information
08:05 EDTAIGAerCap may consider stock buyback from AIG, Reuters says
Subscribe for More Information
07:30 EDTBCSU.K. banks see Bitcoin as threat to sterling, boon to terrorists, Telegraph says
Subscribe for More Information
07:28 EDTBCS, BK, BLKTreasury Institute for Higher Education to hold a symposium
Subscribe for More Information
06:58 EDTBK, BLKBlackRock, Fidelity close to launching 'dark pool,' WSJ reports
Some of the largest mutual fund firms, including Fidelity, BlackRock (BLK), Bank of New York Mellon (BK),, T. Row Price (TROW) and JP Morgan (JPM) are among the firms that are close to launching a new "dark pool," The Wall Street Journal reports, citing sources. The effort, which involves nine firms in total, would look to shut out sell-side trading desks and high-speed trading firms. Reference Link
06:09 EDTCMECME Group upgraded to Buy from Neutral at Citigroup
Subscribe for More Information
January 18, 2015
16:16 EDTBCSBarclays loses 'millions' on Swiss franc volatility, Reuters says
Subscribe for More Information
January 16, 2015
12:43 EDTBLKOn The Fly: Midday Wrap
Subscribe for More Information
09:09 EDTBCSDeutsche Bank, Barclays lost 'tens of millions' on Swiss franc, WSJ says
Subscribe for More Information
07:13 EDTICEIntercontinentalExchange February volatility elevated into Q4 and outlook
Subscribe for More Information
07:09 EDTCMECME Group weekly volatility increases into Q4 and outlook
CME Group February call option implied volatility is at 25, March is at 23, June is at 21; compared to its 26-week average of 19 according to Track Data, suggesting large near term price movement after the expected release of Q4 results on February 5.
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use