Edition:
United States

Mike Kentz

Exclusive: Citigroup declined to support Lending Club - memo

May 20 2016

NEW YORK (IFR) - Citigroup told US regulators last week it was not willing to support troubled marketplace lender Lending Club after its CEO stepped down following a botched sale of loans.

Trading start-up files antitrust lawsuit in New York

Apr 18 2016

NEW YORK, April 18 (IFR) - Derivatives trading start-up TeraExchange filed an antitrust lawsuit Monday alleging that some of the biggest banks in the world conspired to block customers from using its service.

Exclusive: Trading start-ups prep major bank antitrust suits

Apr 14 2016

NEW YORK (IFR) - Two online trading start-ups are preparing antitrust suits alleging that major banks conspired to block customers from using their platforms to trade interest rate swaps.

Former regulator turns Bitcoin tech advocate

Apr 13 2016

NEW YORK, April 13 (IFR) - Former New York state financial services chief Benjamin Lawsky may have taken a harsh view of virtual currency as a regulator, but he has begun to stump for the technology behind it.

Junk debt ETFs dodge contagion

Dec 18 2015

NEW YORK, Dec 18 (IFR) - Exchange-traded funds of junk debt proved to be robust through the sell-off in the high-yield market in the early part of this week - shaking off concerns that such products would exacerbate a sharp rout across the asset class.

China mulls renminbi settlement options

Dec 04 2015

NEW YORK, Dec 4 (IFR) - Chinese officials are engaged with global settlement services provider CLS Bank regarding the physical settlement of renminbi-denominated transactions, setting the scene for another major step in the currency's liberalization.

Big banks accused of interest rate-swap fixing in U.S. class action suit

Nov 26 2015

NEW YORK (IFR/Reuters) - A class action lawsuit, filed Wednesday, accuses 10 of Wall Street’s biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market for interest rate swaps.

Big banks accused of interest rate-swap fixing in U.S. class action suit

Nov 26 2015

NEW YORK (IFR/Reuters) - A class action lawsuit, filed Wednesday, accuses 10 of Wall Street’s biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market for interest rate swaps.

Big banks accused of interest rate-swap fixing in class action suit

Nov 25 2015

NEW YORK (IFR/Reuters) - A class action lawsuit, filed Wednesday, accuses 10 of Wall Street’s biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market for interest rate swaps.

Big banks accused of interest rate-swap fixing in class action suit

Nov 25 2015

NEW YORK, Nov 25 (IFR/Reuters) - A class action lawsuit, filed Wednesday, accuses 10 of Wall Street's biggest banks and two trading platforms of conspiring to limit competition in the US$320 trillion market for interest rate swaps.

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