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Showing posts with label barclays. Show all posts
Showing posts with label barclays. Show all posts

Saturday, May 23, 2015

D'NewZ Ep1 - Cop Shoots Two, Teacher Goes HAM, Daughter Shamed, and more




Dj. Normski and the Big Homie Capone give the heads up on banks stealing money, debate a story about a substitute teacher beating kids, and talk about a mom who shames daughter for sexy Facebook posts.

Thursday, May 21, 2015

Citigroup, Barclays and Bank of America Fined Billions for Illegal Price Manipulation

Citigroup (C), Barclays (BCS), JP Morgan Chase (JPM), and Royal Bank of Scotland (RBSPF)were fined more than $2.5 billion by the U.S. after pleading guilty to conspiring to manipulate the price of dollars and euros.

The four banks, plus UBS (UBS) , have also been fined $1.6 billion by the Federal Reserve, and Barclays will pay regulators another $1.3 billion to settle related claims.
The first four banks operated what they described as "The Cartel" from as early as 2007, using online chatrooms and coded language to influence the twice-daily setting of benchmarks in an effort to increase their profits.
Sources; CNN Money