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Cyprus Considers Money Lockdown, Russia Aid

Vladimir Putin Wags Finger

The Cypriot government is considering capital restrictions if banks reopen on Thursday, a senior government official told Reuters as negotiations between the country and Russia over financial assistance continue in Moscow.

JPMorgan, MF Global Trustee Reach $546m Settlement

MFGlobal Logo

JPMorgan Chase has reached a $546 million settlement with the trustee liquidating the failed broker-dealer unit of MF Global, a court filing showed, an amount that will help repay the brokerage's customers.

15 Banks Sued Over LIBOR

Pointing The Finger

Freddie Mac has sued Bank of America, UBS, JPMorgan Chase and a dozen other banks over alleged manipulation of the London interbank offered rate, saying the mortgage financier suffered substantial losses as a result of the companies’ conduct.