The dollar dropped against most currencies on Monday while the yen slid to its lowest in nearly four weeks versus the greenback as better-than-expected manufacturing data from Europe and Japan raised risk appetite and prompted investors to seek assets offering higher returns. Overall the array of data painted a picture […]
Tag: New York
New York to sue BofA, Wells Fargo over mortgage practices
New York Attorney General Eric Schneiderman said on Monday he plans to sue Bank of America Corp and Wells Fargo and Co for violating the terms of a settlement designed to end mortgage servicing abuses. Schneiderman issued the announcement, which suggests lawsuits could be filed against the banks within two […]
Goldman managing director in insider trading probe leaves bank
A Goldman Sachs Group Inc salesman under investigation for possibly passing confidential information about technology companies to hedge funds has left the bank, a spokesman confirmed on Monday. David Loeb, 42, a managing director based in New York, has never been charged with wrongdoing. But his name surfaced among a […]
