UBS: How big will the Libor bill be? BBC News Even by the standards of recent revelations of wrongdoing at the world's biggest banks, the disclosures of how UBS tried to systematically manipulate the important Libor interest rate benchmarks will be seen as pretty hair-raising. | UBS has been punished by regulators in the US, UK and its hom...
Bank of America to Pay $10 Billion in Settlement With Fannie Mae Dealbook > | Related Links | News release from Bank of America | Bank of America agreed on Monday to pay more than $10 billion to Fannie Mae to settle claims over troubled mortgages that soured during the housing crash, mostly loans issued by the bank’s...
Madoff Aside, Financial Fraud Defies Policing Dealbook > | LOS ANGELES — To Philip Horn, the Braemar Country Club was not just a golf course, it was an extension of his office. Most weeks, Mr. Horn, a financial adviser at Wells Fargo, chatted up potential clients between holes at the upscale club set a...
After Madoff, Financial Fraud Defies Policing Dealbook > | LOS ANGELES — To Philip Horn, the Braemar Country Club was not just a golf course, it was an extension of his office. Most weeks, Mr. Horn, a financial adviser at Wells Fargo, chatted up potential clients between holes at the upscale club set a...
Swiss Bank Pleads Guilty to Tax Law Violations Dealbook > | Switzerland’s oldest private bank admitted to helping Americans evade United States taxes on Thursday, the first time a foreign financial institution has pleaded guilty to tax-law violations. | Representatives for Wegelin & Company, a Swis...
Hillary Clinton returns to work after hospitalization for potentially life-threatening blood clot New York Post Online | AFP/Getty Images | WASHINGTON — Cheers, a standing ovation and a gag gift of protective headgear greeted Secretary of State Hillary Rodham Clinton as she returned to work on Monday after a month-long absence caused first by a stomach virus, then a fall and a concussion and finally a brief hospitalization for a blot clot near her brain. | A ...
NHL looking toward 48-game season The Washington Times | TORONTO (AP) - The NHL will most likely play a 48-game season after its new labor agreement is ratified. | Deputy commissioner Bill Daly tells The Canadian Press on Monday it’s looking “more and more” that 48 will be the maximum number of games. There had been some hope when the tentative deal was reached Sunday morning that a 5...
