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Stock Market & Financial Investment News

News Breaks
June 26, 2013
20:02 EDTIAPLY, UBSICAP executive linked to Libor scandal, WSJ reports
ICAP (IAPLY) executive David Casterton is alleged to have struck an arrangement with UBS (UBS) for ICAP brokers to receive compensation for helping UBS traders rig Libor, reports The Wall Street Journal, citing people familiar with the matter. Reference Link
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August 28, 2014
06:35 EDTUBSEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link

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