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Top Democrat Says Local Banks Key to Wall Street Win on Derivatives !

Posted by BankInfo on Wed, Dec 17 2014 10:45 am
A leading Democrat in the U.S. House of Representatives on Tuesday said undesirable Wall Street banks got a long-sought rollback to Dodd-Frank reforms with Congress last week partly by leveraging the impact of smaller banks that hold higher guide with lawmakers.

Royal Bank of Scotland Sells off Northern Ireland Property Loans to US Fund Cerberus.

Posted by BankInfo on Wed, Dec 17 2014 09:19 am
Royal Bank of Scotland (RBS) has sold funding connecting to Northern Ireland properties to US fund Cerberus as part of a larger deal worth £1.1 bn.

Couple Awarded $1 Million from 'Unrelenting' Bank of America.

Posted by BankInfo on Sun, Dec 14 2014 09:42 am
A Florida couple receiving 'Unrelenting' phone calls from Bank of America was granted more than $1 million from a government judge.

Deutsche Bank (DB), Barclays (BCS) Accused Of Illegal Trading.

Posted by BankInfo on Sat, Dec 13 2014 09:30 am
Financial regulators are still investigating the trading tasks of various global lenders, and also their function in controlling the foreign exchange benchmarks.

Deutsche Bank analysis – USD/ EUR Targets.

Posted by BankInfo on Thu, Dec 11 2014 09:47 am
Near-term, Deutsche Bank thinks that the recent pause in USD/ EUR decline might prolong into year-end with market placing quite prolonged, genuine yield fair value still in the high 1.20 s, & ECB assumptions running in advance of just what was supplied at its December meeting last Thursday.

Stuart Scott has actually been ‘Let Go’, a source validated to the BBC on Wednesday.

Posted by BankInfo on Thu, Dec 11 2014 09:44 am
The move comes a month after the bank was fined $618m (£ 393.8 m) by regulators in connection with traders' attempted manipulation of foreign exchange rates.

Bank of America Warns Oil Price Will Certainly Drop to $50.

Posted by BankInfo on Thu, Dec 11 2014 09:20 am
Bank of America has advised that petroleum will certainly be up to $50 per barrel, as a result of Opec stopping to operate in a meaningful way.

Bank of America C.E.O. Sees Stagnation in Trading.

Posted by BankInfo on Wed, Dec 10 2014 09:43 am
Bank of America's chief executive, Brian T. Moynihan, suggested on Tuesday that the recent enhancement in conditions for Wall Street trading desks could have already discolored.

Bank of America, Citi Expect Lower Trading Earnings in 4th Quarter.

Posted by BankInfo on Wed, Dec 10 2014 09:39 am
Bank of America Corp & Citigroup Inc expect weaker trading income in the 4th quarter, according to presentations they made at a investor seminar in New York.

TD Banking to Pay US$ 625,000 and Tighten Security Protocol After Data Breach.

Posted by BankInfo on Wed, Dec 10 2014 09:37 am
TD Bank consented to pay US$ 625,000 and also tighten up security practices to resolve a probe into a 2012 data breach that influenced greater than 260,000 customers, & which it was & sluggish to report, Massachusetts Attorney General Martha Coakley said on Monday.
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