U.S. regulators on Tuesday fined 16 financial firms, including Barclays, Bank of America, Citigroup, Credit Suisse, Goldman Sachs, Morgan Stanley, and UBS, a combined $1.8 billion after staff discussed deals and trades on their personal devices and apps. The sweeping industry probe, first reported by Reuters last year and subsequently disclosed by multiple lenders, is…
US Fines 16 Wall Street Firms $1.8 Billion for Talking Deals, Trades on Personal Apps
Mike Rowe Scholarship Highlights the Lost Virtues of Hard Work and Sweat
Commentary LUSBY, Maryland—Tracy Wilson is sitting in the cutest little ranch house in this Calvert County town. It is her dream house—literally her dream house, she explains, as she has had the image of this very home in her mind, down to the color scheme of the exterior. It is 4 in the afternoon, and…
HSBC and Wells Fargo Use Blockchain to Settle Forex Trades
December 13, 2021
admin
Business & EconomyCompanieseconomyEuropeFargoForexGold & CommoditiesHSBCMarketsTechTech NewstradesUKUSUS NewswellsWorld
0 Comment
LONDON—HSBC and Wells Fargo have begun using a blockchain platform to settle bilateral foreign currency (FX) trades in the latest sign of how technology which underpins crypto assets is spreading to more mainstream activities. Baton Systems, the company behind the Core-FX distributed ledger technology, or DLT, said on Monday the two banks are using the…
Boston Fed Will Not Release Documents on Its Former President’s Trades
October 21, 2021
admin
BostonBusiness & EconomyDistrict of ColumbiaEconomieseconomyEric RosengrenFedjerome powellLocal NewspresidentRegional-Local NewsRobert KaplantradesUSUS News
0 Comment
WASHINGTON—The Boston Federal Reserve will not release documents that could show whether its former president vetted a series of personal investments last year with its ethics officer, a spokesman for the regional Fed bank said, a key point in an ongoing ethics controversy at the U.S. central bank. Eric Rosengren, along with Dallas Fed President…
Senate Banking Chief Plans Bill to Address Fed Officials’ Stock Trades
September 28, 2021
admin
bankingBusiness & EconomyChiefCompaniescongressEconomieseconomyFedPoliticsSenateSherrod BrownstocktradesUSUS News
0 Comment
The head of the U.S. Senate Banking Committee on Tuesday said he plans to introduce legislation that would ban ownership of individual stocks by Federal Reserve officials in the aftermath of revelations that two reserve bank presidents had been active investors. Democratic Senator Sherrod Brown of Ohio told Fed Chair Jerome Powell of his intent…
Program Helps Orange County Vets Find Success
May 2, 2021
admin
Archivedautomotive technicianscar dealershipsmilitaryNewsOC Driven for SuccessOrange CountyRegional-Local NewsSouthern CaliforniatradesUSVeterans
0 Comment
Orange County military veterans and transitioning service members are being invited to participate in the first orientation of OC Driven for Success, a program providing paid training, mentoring and job placement with Orange County auto dealerships. Originally launched by the Orange County Automobile Dealers Association (OCADA), OC Driven for Success was initially aimed at developing…
Welding Lives Back Together One at a Time
April 25, 2021
admin
alcohol addictiondrug addictiongang membershomelessNon-profitrecoverRegional-Local NewsrehabilitationSouthern CaliforniatradesUSwelding
0 Comment
For Rolling Hills Covenant Church Outreach Pastor Steve Bunyard, helping those whose lives have taken a wrong turn means more than just enabling survival for the down and out. It means guiding them to a stable future by teaching them to provide for themselves. Bunyard initially struggled with how to help rehabilitate those wanting to change their lives. He said he believed that providing dignity through a skilled trade could…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`