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Bank Of America Corp (NYSE:BAC) And Others Get Enforcement Letters From Regulators In Foreign Exchange Markets Manipulation Probe

Boston, MA 08/14/2014 (wallstreetpr) – Various banks including JPMorgan Chase & Co. (NYSE:JPM), Morgan Stanley (NYSE:MS) and Bank of America Corp (NYSE:BAC) have been issued notification from the regulators in context with the alleged currency rigging. The regulators are in process of preparing enforcement actions on activities associated with currency rigging.  It has been alleged that […]

HSBC Holdings plc (ADR) (NYSE:HSBC) CEO Foresee Revenue Augmentation in Year 2015

Boston, MA 08/05/2014 (wallstreetpr) – When the financial turmoil hit financial market globally, everybody left the hope that things would ever come back on track, but they did. Although past few months have brought quite a few uncertainties in the market due to issues going on in Arabian countries, but still the economy is inclining slowly […]

What HSBC Holdings plc (ADR) (NYSE:HSBC) Chief Told Investors In Hong Kong

Boston, MA 05/27/2014 (wallstreetpr) – The global banking and financial services organization HSBC Holdings plc (ADR) (NYSE:HSBC) believes that the future is brighter than the naked eye can see. At least, that is true looking at how far the bank has come with its slimming and cost-saving strategies. As a smaller and leaner company, HSBC is […]

ItauUnibanco Holding SA (ADR) (NYSE:ITUB) Steps In To Salvage Brazilian Energy Situation

Boston, MA 04/23/2014 (wallstreetpr) – Brazil’s government has stepped in to take stock of the situation and help in controlling the situation by offering loans. As per a government announcement yesterday, Brazil’s Electric Energy Trading Board will distribute funds to the energy distributing companies. A loan of 11.2 billion-real ($5.1 billion) will be disbursed through 11 […]