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European Stocks Shrink on Ukraine Uncertainty, French Deficit
at The Street - Tue Aug 12, 5:26AM CDT
Monday's European stock market rally was but a fond memory in early trading this morning, as uncertainty in Ukraine helped sink Germany’s market and the French current account deficit widened.
Why BNP Paribas (PNBQY) Stock Is Down Today
at The Street - Mon Aug 11, 10:04AM CDT
Chairman Baudouin Prot may leave in the next few months and be succeeded by Jean Lemierre, a senior adviser at the French bank, according to Le Journal du Dimanche.
European Stocks Dive, Spooked by U.S. Interest Rates, Russia Sanctions
at The Street - Fri Aug 01, 5:46AM CDT
Europe's markets turned sharply lower on Friday, hit by fears of a rise in U.S. interest rates and worries over manufacturing in the eurozone and sanctions against Russia.
Stock Market Today: U.S. Stocks Sink as European Banks Suffer Big Losses
at The Street - Thu Jul 31, 8:43AM CDT
U.S. stocks are sinking Thursday as investors digest worries over the European markets.
Stock Market Today: Futures Sink as International Markets Sit in the Red
at The Street - Thu Jul 31, 7:31AM CDT
U.S. stock futures are plunging Thursday as investors digest worries over the European markets.
July 31 Premarket Briefing: 10 Things You Should Know
at The Street - Thu Jul 31, 6:27AM CDT
U.S. stock futures were gloomy Thursday, as Argentina's bonds crashed into a default and another massive earnings day got underway.
European Stocks Sag on Banco Espirito Santo Fears, Deflation Worries
at The Street - Thu Jul 31, 5:38AM CDT
European stock indices fell on Thursday amid a plethora of earnings reports as eurozone consumer price figures suggested that aggressive central bank tactics haven���t shaken off the specter of deflation.
Lloyds bank settles with US, UK over market fixing
By DANICA KIRKA and MARCY GORDON - AP - Mon Jul 28, 2:04PM CDT
LONDON (AP) — Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate.
Contracts to buy US homes slip in June
By JOSH BOAK - AP - Mon Jul 28, 9:53AM CDT
WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer.
US-EU trade talks sour amid chlorine chicken fears
By JUERGEN BAETZ - AP - Fri Jul 18, 9:59AM CDT
BRUSSELS (AP) — Visions of chlorine-drenched chickens and the prospect of genetically modified "Frankenfood" invading dinner tables across the European Union are proving serious impediments to the signing of a sweeping free trade agreement between the United States and the 28-country bloc.
Will Portuguese Banco Espirito Santo Doom European Financial Stocks?
at The Street - Tue Jul 15, 5:00AM CDT
Banco Espirito Santo renewed fears in Europe that financial institutions may not be as healthy as once thought.
Citigroup to pay $7B in subprime mortgages probe
By ERIC TUCKER - AP - Mon Jul 14, 6:24PM CDT
WASHINGTON (AP) — Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades, the Justice Department said Monday.
Bank BNP Paribas pleads guilty to violating rules
By LARRY NEUMEISTER - AP - Wed Jul 09, 6:26PM CDT
NEW YORK (AP) — BNP Paribas, France's largest bank, pleaded guilty Wednesday to a federal charge of violating U.S. economic sanctions by processing transactions for clients in blacklisted countries, a development that a Manhattan judge said should show that no financial institution is "immune from the rule of law."
New York to add $3B windfall to state budget
By MICHAEL VIRTANEN - AP - Tue Jul 08, 4:18PM CDT
ALBANY, N.Y. (AP) — New York is poised to collect nearly $3.3 billion from a recent record settlement with France's largest bank, and the Cuomo administration plans to add it to the state's general fund.
Why Deutsche Bank (DB) Stock Is Falling Today
at The Street - Tue Jul 08, 9:09AM CDT
Deutsche Bank (DB) shares are down following reports that it is negotiating a settlement with U.S. regulators over money laundering accusations.
Cuba criticizes $9B US fine for French bank
By PETER ORSI - AP - Thu Jul 03, 10:31AM CDT
HAVANA (AP) — Havana on Thursday protested U.S. penalties levied against France's largest bank over allegations it processed financial transactions for Cuba and other blacklisted states in violation of U.S. trade sanctions.
Asian stocks mostly higher on US, China growth
By JOE McDONALD - AP - Tue Jul 01, 10:37PM CDT
BEIJING (AP) — Asian stocks were mostly higher Wednesday on improved U.S. and Chinese economic activity.
BNP Paribas to Settle Money-Laundering Charges for $9B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 01, 5:25PM CDT
After months of negotiations, Paris-based BNP Paribas (BNPQY) finally announced settlement of the money-laundering charges against it.
Why BNP Paribas (BNPQY) Stock Is Higher This Afternoon
at The Street - Tue Jul 01, 2:02PM CDT
BNP Paribas (BNPQY) is up as the bank tries to clam shareholders' concerns over its ability to pay a record $9 billion penalty to U.S. authorities.
French bank BNP guilty of US sanctions violations
By ERIC TUCKER - AP - Mon Jun 30, 8:52PM CDT
WASHINGTON (AP) — France's largest bank, BNP Paribas, has agreed to pay nearly $9 billion to resolve criminal allegations that it processed transactions for clients in Sudan and other blacklisted countries in violation of U.S. trade sanctions, the Justice Department announced Monday. The bank pleaded guilty to state charges in New York and plans another guilty plea in federal court next month.
European Stocks Shrink on Ukraine Uncertainty, French Deficit
at The Street - Tue Aug 12, 5:26AM CDT
Monday's European stock market rally was but a fond memory in early trading this morning, as uncertainty in Ukraine helped sink Germany’s market and the French current account deficit widened.
Why BNP Paribas (PNBQY) Stock Is Down Today
at The Street - Mon Aug 11, 10:04AM CDT
Chairman Baudouin Prot may leave in the next few months and be succeeded by Jean Lemierre, a senior adviser at the French bank, according to Le Journal du Dimanche.
European Stocks Dive, Spooked by U.S. Interest Rates, Russia Sanctions
at The Street - Fri Aug 01, 5:46AM CDT
Europe's markets turned sharply lower on Friday, hit by fears of a rise in U.S. interest rates and worries over manufacturing in the eurozone and sanctions against Russia.
Stock Market Today: U.S. Stocks Sink as European Banks Suffer Big Losses
at The Street - Thu Jul 31, 8:43AM CDT
U.S. stocks are sinking Thursday as investors digest worries over the European markets.
Stock Market Today: Futures Sink as International Markets Sit in the Red
at The Street - Thu Jul 31, 7:31AM CDT
U.S. stock futures are plunging Thursday as investors digest worries over the European markets.
July 31 Premarket Briefing: 10 Things You Should Know
at The Street - Thu Jul 31, 6:27AM CDT
U.S. stock futures were gloomy Thursday, as Argentina's bonds crashed into a default and another massive earnings day got underway.
European Stocks Sag on Banco Espirito Santo Fears, Deflation Worries
at The Street - Thu Jul 31, 5:38AM CDT
European stock indices fell on Thursday amid a plethora of earnings reports as eurozone consumer price figures suggested that aggressive central bank tactics haven���t shaken off the specter of deflation.
Lloyds bank settles with US, UK over market fixing
By DANICA KIRKA and MARCY GORDON - AP - Mon Jul 28, 2:04PM CDT
LONDON (AP) — Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate.
Contracts to buy US homes slip in June
By JOSH BOAK - AP - Mon Jul 28, 9:53AM CDT
WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer.
US-EU trade talks sour amid chlorine chicken fears
By JUERGEN BAETZ - AP - Fri Jul 18, 9:59AM CDT
BRUSSELS (AP) — Visions of chlorine-drenched chickens and the prospect of genetically modified "Frankenfood" invading dinner tables across the European Union are proving serious impediments to the signing of a sweeping free trade agreement between the United States and the 28-country bloc.
Will Portuguese Banco Espirito Santo Doom European Financial Stocks?
at The Street - Tue Jul 15, 5:00AM CDT
Banco Espirito Santo renewed fears in Europe that financial institutions may not be as healthy as once thought.
Citigroup to pay $7B in subprime mortgages probe
By ERIC TUCKER - AP - Mon Jul 14, 6:24PM CDT
WASHINGTON (AP) — Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades, the Justice Department said Monday.
Bank BNP Paribas pleads guilty to violating rules
By LARRY NEUMEISTER - AP - Wed Jul 09, 6:26PM CDT
NEW YORK (AP) — BNP Paribas, France's largest bank, pleaded guilty Wednesday to a federal charge of violating U.S. economic sanctions by processing transactions for clients in blacklisted countries, a development that a Manhattan judge said should show that no financial institution is "immune from the rule of law."
New York to add $3B windfall to state budget
By MICHAEL VIRTANEN - AP - Tue Jul 08, 4:18PM CDT
ALBANY, N.Y. (AP) — New York is poised to collect nearly $3.3 billion from a recent record settlement with France's largest bank, and the Cuomo administration plans to add it to the state's general fund.
Why Deutsche Bank (DB) Stock Is Falling Today
at The Street - Tue Jul 08, 9:09AM CDT
Deutsche Bank (DB) shares are down following reports that it is negotiating a settlement with U.S. regulators over money laundering accusations.
Cuba criticizes $9B US fine for French bank
By PETER ORSI - AP - Thu Jul 03, 10:31AM CDT
HAVANA (AP) — Havana on Thursday protested U.S. penalties levied against France's largest bank over allegations it processed financial transactions for Cuba and other blacklisted states in violation of U.S. trade sanctions.
Asian stocks mostly higher on US, China growth
By JOE McDONALD - AP - Tue Jul 01, 10:37PM CDT
BEIJING (AP) — Asian stocks were mostly higher Wednesday on improved U.S. and Chinese economic activity.
BNP Paribas to Settle Money-Laundering Charges for $9B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 01, 5:25PM CDT
After months of negotiations, Paris-based BNP Paribas (BNPQY) finally announced settlement of the money-laundering charges against it.
Why BNP Paribas (BNPQY) Stock Is Higher This Afternoon
at The Street - Tue Jul 01, 2:02PM CDT
BNP Paribas (BNPQY) is up as the bank tries to clam shareholders' concerns over its ability to pay a record $9 billion penalty to U.S. authorities.
French bank BNP guilty of US sanctions violations
By ERIC TUCKER - AP - Mon Jun 30, 8:52PM CDT
WASHINGTON (AP) — France's largest bank, BNP Paribas, has agreed to pay nearly $9 billion to resolve criminal allegations that it processed transactions for clients in Sudan and other blacklisted countries in violation of U.S. trade sanctions, the Justice Department announced Monday. The bank pleaded guilty to state charges in New York and plans another guilty plea in federal court next month.
