Banks

Goldman, BASF, HSBC accused of metals price fixing - U.S. lawsuit

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NEW YORK - Goldman Sachs Group Inc, Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.

Justice Department investigating alleged HSBC leak to hedge fund - WSJ 25 Nov 2014

- The U.S. Justice Department is investigating allegations that an employee of HSBC Holdings Plc leaked confidential client information to a major hedge fund, the Wall Street Journal reported, citing people with knowledge of the matter.

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Goldman, BASF, HSBC accused of metals price fixing - U.S. lawsuit 25 Nov 2014

NEW YORK - Goldman Sachs Group Inc, Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.

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HSBC admits fault, is fined by U.S. SEC over Swiss bank 25 Nov 2014

WASHINGTON - HSBC Holdings Plc will pay $12.5 million to resolve charges that its Swiss private banking unit illegally offered services to U.S. clients without being properly registered, the U.S. Securities and Exchange Commission said on Tuesday.

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Santander names new CEO as chairwoman Botin injects new drive 25 Nov 2014

MADRID - Santander chief Ana Botin overhauled the management of the euro zone's biggest bank on Tuesday, turning the page after her late father's 28-year leadership and giving the Spanish lender a younger, more international profile.

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Bulgaria picks four banks for 1.84 billion pound bridge loan - sources 25 Nov 2014

SOFIA - Bulgaria has picked Citi , HSBC and local units of Societe Generale and Unicredit to arrange bridge financing for this year, two sources familiar with the process told Reuters on Tuesday.

Deutsche Bank temporarily suspends MOL Global stock coverage 25 Nov 2014

- Deutsche Bank has temporarily suspended its research coverage on Nasdaq-listed MOL Global Inc until the Malaysian online payment company it helped go public almost two months ago provides more clarity on recent changes.

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Italy's Intesa eyes Coutts International - source 25 Nov 2014

MILAN - Intesa SanPaolo is interested in buying Coutts International, the wealth management arm of Royal Bank of Scotland , a source close to the matter said as Italy's biggest retail lender seeks to expand into private banking.

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Equities gain after stimulus signals; dollar dips 24 Nov 2014

NEW YORK - World equities markets climbed on Monday, boosted by deal activity in Europe and ongoing expectations for more stimulus from the world's major central banks.

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Citigroup to pay $15 million for analyst supervision lapses - FINRA 24 Nov 2014

- A unit of Citigroup Inc must pay a $15 million (10 million pound) fine for not adequately supervising communications among its equity research analysts, clients and the firm's sales and trading staff, Wall Street's industry funded regulator said on Monday.