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Sunday, July 29, 2012

At least three banks seen central to Libor rigging

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(Reuters) - New details from court documents and sources close to the Libor scandal investigation suggest that groups of traders working at ...
Saturday, July 28, 2012

Krugman: What Draghi didn't do

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Update : And  this  sounds like a “nein” from the Germans. Actually, he hasn’t done anything, at least yet. But it’s now widely hoped th...
Friday, July 27, 2012

EES: NFA fines another Forex firm

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As if the PFG situation (see previous articles  here  and  here ) wasn't enough, yesterday the  NFA fined yet another Forex firm  for:...
Thursday, July 26, 2012

NFA issues $200,000 fine against New York forex firm Alpari US LLC

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NFA issues $200,000 fine against New York forex firm Alpari US LLC July 26, Chicago - National Futures Association (NFA) has ordered  ...

U.S. big banks' glory days feared to be gone for good

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* Low rates, more regulation depress profit outlook * Banks show few fundamental signs of improvement in Q2 * Only choice for big bank...

Economists Warn EU on 'Threshold of Catastrophe'

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The euro crisis has returned with a vengeance this week, with Greece potentially facing bankruptcy, Spain teetering towards a bailout and ...
Wednesday, July 25, 2012

Is the fix in?

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The Foreign Exchange Market Or the Forex market in City-speak. It's hard to call this a dark corner. It's the biggest market in ...

Germany no longer considered Safe Haven

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 'When your ship is sinking, there is no safe room on board. Likewise, when Europe is sinking, there is no safe country in which to sta...

Deliverable Currency with hedging

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Elite E Services, Inc. and Currencies Direct Whatever your foreign currency requirements, whether you are transferring savings for your ...

Euro crisis brings world to brink of depression

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WASHINGTON (MarketWatch) — Europe is a tinderbox waiting for a spark. The financial volatility in Europe may have created a situation th...
Monday, July 23, 2012

Moody's downgrades outlook for Germany, Luxembourg, and Netherlands from AAA

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Moody's Investors Service has today revised to negative from stable the outlooks on the Aaa sovereign ratings of Germany, the Netherland...

Banks charged for bid rigging, LIBOR fixing, and other fraud

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Bid-rigging was the subject of U.S. v. Carollo, Goldberg and Grimm, a ten-year suit in which the U.S. Department of Justice obtained a judgm...

Spain yields soar, more Europe market turmoil

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Europe  was plunged into fresh market turmoil as this week’s visit by Greece’s creditors rekindled concern the currency union will splinte...

PFG trustee establishes website

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As you aware, PFG filed for liquidation in a U.S. bankruptcy court in Chicago and the U.S. Trustee appointed Ira Bodenstein to act as trus...

How top executives lived in 1955

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Editor's note: Every Sunday, Fortune publishes a story  from our magazine archives . With the annual Fortune 500 list ready to be reveal...