Financials

Former PMs Blair and Major Warn on Brexit

Tony Blair and John Major warned on Thursday a vote to leave the European Union on June 23 would jeopardise the unity of the United Kingdom by undermining peace in Northern Ireland and bolstering the Scottish independence movement.

Goldman Probed Over Malaysia Fund

U.S. investigators are trying to determine whether Goldman Sachs broke the law when it didn't sound an alarm about a suspicious transaction in Malaysia, people familiar with the investigation said.

Goldman Probed Over Malaysia Fund

U.S. investigators are trying to determine whether Goldman Sachs broke the law when it didn't sound an alarm about a suspicious transaction in Malaysia, people familiar with the investigation said.

Busy Day for IPOs on the Big Board

It’s IPO day at the NYSE with a food distributor, a payment solutions company and a maker of construction products all going public.

Citigroup to Pay $425M Over Attempted Benchmark Manipulation

Citigroup and its affiliates have agreed to pay a collective $425 million to resolve civil charges the bank attempted to manipulate several key benchmarks, including the U.S. dollar ISDAFIX, the Yen Libor and the Euroyen TIBOR, the Commodity Futures Trading Commission said.

Credit Cards: From the Strip to the Chip

With America’s credit card debt on pace to surpass $1 trillion, MasterCard (NYSE:MA) North America President Craig Vosburg is weighing in on worries over this development.

SWIFT Says Second Bank Hit by Malware Attack

SWIFT, the global financial messaging network that banks use to move billions of dollars every day, warned on Thursday of a second malware attack similar to the one that led to February's $81 million cyber heist at the Bangladesh central bank.

Seven Big Banks Settle $324M U.S. Rate-Rigging Suit

Seven of the world's biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market.