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Stock Market & Financial Investment News

News Breaks
May 12, 2014
06:46 EDTBNPQY, CSProsecutors appear unwilling to accept banks' proposed deal, NY Times says
As prosecutors moved towards forcing BNP Paribas (BNPQY) and Credit Suisse (CS) to plead guilty to criminal charges, the banks in recent weeks asked prosecutors to let their subsidiaries plead guilty to more modest charges, according to The New York Times, which cited unnamed sources. Prosecutors, however, did not appear willing to accept such deals, the newspaper indicated. Reference Link
News For BNPQY;CS From The Last 14 Days
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January 28, 2015
16:56 EDTBNPQY, CSFederal judge says FOREX manipulation case to proceed, Reuters reports
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January 27, 2015
10:00 EDTCSOn the Fly: Analyst Downgrade Summary
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08:20 EDTCSFCC to hold a conference
Small Business and Emerging Technologies Conference is being held at FCC Washington, D.C. with webcasted presentations to begin at 9 am. Webcast Link
06:52 EDTCSEuropean Central Bank raises capital requirements for banks, WSJ says
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05:07 EDTCSCredit Suisse downgraded to Hold from Buy at Jefferies
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January 21, 2015
08:18 EDTBNPQYBNP Paribas discussing potential job cuts in January 27 meeting, Reuters says
BNP Paribas will hold an exceptional meeting with its works council on January 27 regarding potential job cuts, reports Reuters, citing French paper Les Echos. The paper cited a union representative, who stated the number of job cuts "should not" exceed 373, while the company's top bankers will see a 50% average cut in bonuses. Reference Link
January 20, 2015
08:41 EDTCSCredit Suisse's capital ratios not changed by unstable Swiss franc, Reuters says
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06:39 EDTCSCredit Suisse will charge certain clients for franc accounts, Reuters says
On January 22, Credit Suisse will begin charging some large corporate clients for franc accounts in order to introduce negative interest rates, reports Reuters, citing Credit Suisse spokeswoman Daniela Haesler. Reference Link

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