barclays
Feds sue Barclays for selling fraudulent mortgages
One of the UK’s largest banks refused to settle a long-simmering US mortgage bond probe — and was sued by the Justice Department on Thursday for selling $31 billion of...
Swiss regulators hit interest rate cartels with $97M fine
Swiss financial regulators have fined several European and US banks $97.3 million over interest rate cartels, the latest punishment dished out in connection with rate-rigging scandals. JPMorgan was hit with...
Barclays CEO dines with hedgies to wrest business from unlikely foe
How do you get $669 billion in one room? Ask Jes Staley. The Barclays chief executive was seen wining and dining some of the world’s biggest hedge funds — all...
Banker wanted for torturing cat is found in Ireland -- with pet dog
A former Barclays banker wanted for torturing his Upper East Side roommate’s cat was discovered living with his parents — and a pet dog — in Northern Ireland. Declan Garrity,...
Ex-Barclays banker charged with tipping off plumber to deals
A former Barclays Bank manager flushed his career down the toilet after passing tips on 11 pending mergers to a plumber pal — in exchange for a bathroom remodeling job...
Barclays, Credit Suisse fork over $154M in 'dark pool' settlement
It could be a little bit safer to go back in the water. Barclays and Credit Suisse on Monday agreed to pay $154.3 million to settle charges brought by New...
Barclays to pay $150M, fire traders amid 'rigging' accusations
This is no way to treat your clients. Barclays agreed to pay $150 million and fire two traders Wednesday after New York’s top financial regulator accused it of rigging its...
Beyoncé and Nicki Minaj stun with duet at TIDAL concert
The stars were out at Barclays Center on Tuesday at the first annual TIDAL X: 1020 Amplified by HTC concert, and while the arena is known as the house that...
Barclays eyes ex-JPMorgan banker for CEO opening
Barclays is staying on this side of the pond in its search for a new CEO. The British bank is said to be close to naming former top JPMorgan banker...
Schneiderman eyes 'dark pool' settlement with Credit Suisse
New York state Attorney General Eric Schneiderman is preparing a September civil settlement with Credit Suisse over its “dark pool” trading platform, Fox Business Network first reported. This would be...
Big banks colluded to rig Treasury market auctions: suit
Twenty-two heavyweight Wall Street firms took part in a “massive conspiracy” to rig the $12.5 trillion Treasury market auctions for six years, a lawsuit filed this week alleges. The suit,...
Barclays bankers on edge after firing over joke email
Morale at Barclays in New York plummeted last week after the bank fired Justin Kwan, a junior banker, for sending a jokey e-mail to the new crop of interns, which...
US approved most Bill Clinton speech requests within days
WASHINGTON — State Department officials under Secretary of State Hillary Rodham Clinton moved quickly when aides to Bill Clinton asked them in March 2010 to approve plans for the former...
Federal Reserve’s GDP flat lines with 0% growth forecast
The Federal Reserve Bank of Atlanta’s economic meter is registered a flat line as it clocked a 0.0 percent for Gross Domestic Product growth for the first quarter of 2014....
Yellen can't move rates with anemic GDP growth
To rework a line from Pink Floyd’s “The Wall,” “If you don’t grow yer economy, you can’t have any rate rise. How can you have any rate rise if you...
New Madonna tour sales more sticky than sweet
Madonna’s “Rebel Heart Tour” might better be called “Like a Has-Been.” The Material Girl plans to play a total of 35 cities between Aug. 29 and Dec. 20, while two...
Barclays, Schneiderman in 'dark pool' standoff
Barclays isn’t holding its breath on its dark pool. Talks have broken down between the British bank and New York Attorney General Eric Schneiderman in a probe eyeing alleged misrepresentations...
Schneiderman makes another splash in Barclays dark pool
New York’s top cop is naming and shaming Barclays’ top executives over guarding its dark pool secrets. Attorney General Eric Schneiderman filed an amended complaint against the British bank, claiming...
Major banks knowingly funded Hezbollah terror operations: suit
Some of the world's most powerful banks knowingly funded Hezbollah terror operations by concealing billions of dollars in transactions with their Iranian sponsors, a new Brooklyn federal lawsuit charges. Dozens...