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C Suisse dragged into Russian client dispute

Russia Flag

Credit Suisse has been dragged into a second criminal complaint brought by two Russian clients who claim that a former manager in the bank’s wealth management unit made unauthorized transactions to cover up trading losses.

Falcone, plotting comeback, says he's trusted

Chocolate Money

One-time high-flying hedge fund manager Phil Falcone, plotting a comeback after a securities industry ban, told CNBC Tuesday he considers his integrity of "utmost importance," and said he's trusted by people who know him.

Goldman professional said placed on leave

Donald Trump

Luke Thorburn, the only Goldman Sachs employee who donated to Donald Trump’s presidential campaign in the second half of last year, has been placed on administrative leave, according to a person with knowledge of the decision.

Barclays said to boost severance for some employees

Oliver Twist

Barclays boosted severance packages for equities employees dismissed in Tokyo last month, adding the equivalent of three months of pay to some of the 80 workers affected who had rebuffed initial offers, people familiar with the matter said.



HSBC sign

HSBC fined for regulatory breaches

Hong Kong's securities regulator said on Wednesday it fined and reprimanded HSBC for regulatory breaches and internal control failings related to its position in the futures and options contract market.