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232 Articles (58 Pages, 4 Articles per Page)
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JPMorgan Chase & Co. has told proprietary commodities traders that their desk will be closed, as it moves to comply with new US financial services rules banning proprietary trading, according to people familiar with the matter.
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A senior Banco Santander executive was on Tuesday night charged with insider trading by the Securities and Exchange Commission in relation to the hostile $39bn bid by BHP Billiton for PotashCorp.
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US regulators on Thursday charged Samuel and Charles Wyly, two billionaire brothers whose interests range from software to restaurants, with reaping more than $550m in undisclosed gains by trading shares in companies on whose boards they sat.
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Seven of 91 European Union banks subject to stress tests failed with a combined capital shortfall of â?¬3.5bn.
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