Edition:
United Kingdom

Lawrence Delevingne

British regulator reviews JPMorgan metals trading amid U.S. probe: sources

11 Oct 2019

NEW YORK/LONDON Britain's financial services regulator is examining allegations of precious metals market manipulation by JPMorgan Chase & Co traders following criminal charges by U.S. authorities, according to two people familiar with the matter.

Longtime Morgan Stanley prime brokerage exec to retire: memo

07 Oct 2019

NEW YORK Alex Ehrlich, co-head of the prime brokerage business at Morgan Stanley , plans to retire at the end of 2019, according to an internal memo seen by Reuters and confirmed by a spokesman.

Private equity can still find 'diamonds in the rough': Apollo exec

19 Sep 2019

NEW YORK Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets.

Private equity can still find 'diamonds in the rough' - Apollo exec

19 Sep 2019

NEW YORK, Sept 19 Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets.

Tech investors: No broad lessons seen in WeWork valuation drama

19 Sep 2019

NEW YORK Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. office-sharing startup WeWork.

U.S. charges JPMorgan metals traders over alleged market manipulation

16 Sep 2019

WASHINGTON The Department of Justice charged two current and one former JPMorgan Chase & Co executives on Monday with alleged racketeering and manipulating prices of metals such as gold, silver, platinum and palladium between 2008 and 2016.

Exclusive: Two JPMorgan metals executives put on leave amid U.S. probe - source

12 Sep 2019

LONDON/NEW YORK Two JPMorgan Chase & Co employees, including a top metals trading executive, have been placed on leave in response to a U.S. criminal investigation into the bank’s metals trading practices, according to a source familiar with the matter.

EXCLUSIVE-Two JPMorgan metals executives put on leave amid U.S. probe -source

12 Sep 2019

LONDON/NEW YORK, Sept 12 Two JPMorgan Chase & Co employees, including a top metals trading executive, have been placed on leave in response to a U.S. criminal investigation into the bank’s metals trading practices, according to a source familiar with the matter.

U.S. SEC fines Cantor, BMO Capital Markets over improper handling of ADRs

17 Aug 2019

WASHINGTON The Securities and Exchange Commission (SEC) on Friday said Cantor Fitzgerald & Co and BMO Capital Markets had agreed to pay $647,000 and $3.9 million respectively to settle charges of improper handling of "pre-released" American Depositary Receipts (ADRs).

Callidus shares rise on deal to take troubled lender private

16 Aug 2019

NEW YORK, Aug 16 Shares of Callidus Capital Corp surged more than 75% on Friday after the Canadian lender said its second-largest shareholder, Braslyn Ltd, would acquire its outstanding minority shares and take it private.

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