U.S. and European regulators fined banks record amounts this year, imposing penalties and settlements of more than $43 billion as authorities work more closely across borders to clean up the financial sector. Banks in the United States and Europe are paying for misconduct that includes mis-selling U.S. mortgage bonds, rigging […]
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Lean years leave banks short of savvy dealmakers
Years of quiet deal markets in Europe have left a generation of junior investment bankers with little opportunity to cut their teeth, and, with many senior staff let go, banks are finding themselves short on experience as business stirs again. With stock markets volatile during the financial crisis and European […]
Nigeria’s naira firms as central bank intervenes after US Fed taper
* Naira firms as central bank sells dollars in wake of Fed taper * Nigeria bond yields mixed as U.S. start tapering * Stocks up almost 1 pct on Thursday (closing bond yield, naira, index, quotes and background) Nigeria’s central bank intervened to support the naira currency on Thursday, lifting […]
