Company News



Swiss probe banks over foreign exchange market

Switzerland’s competition commission is investigating possible manipulation of foreign exchange rates at several British, US and Swiss banks. . .

http://www.bbc.co.uk/news/business-26816057#



BNP Targets Annual Revenue Growth Above 6% at Investment Bank

BNP Paribas SA (BNP) will seek to boost revenue at its corporate and investment bank by more than 6 percent a year through 2016, as France’s biggest lender sets out growth plans amid signs Europe’s economy is recovering. . .

http://www.bloomberg.com/news/2014-03-24/bnp-targets-annual-revenue-growth-above-6-at-investment-bank.html



Credit Suisse pays $885m to settle US mortgage case

Credit Suisse has agreed to pay $885m (£536m) to settle claims it mis-sold  mortgage-backed securities in the US before the financial crisis . . .

http://www.bbc.co.uk/news/business-26692114#



News Release – The Bank of England’s supervision of financial market infrastructures – Annual Report

The Bank of England’s supervision of financial market infrastructures – Annual Report is published . . .

http://www.bankofengland.co.uk/publications/Pages/news/2014/056.aspx



Stefan Ingves: The international regulatory agenda – necessary but not enough

Speech by Mr Stefan Ingves, Governor of the Sveriges Riksbank and Chairman of the Basel Committee on Banking Supervision, at the Affärs Världen Bank and Finans Outlook, Berns, Stockholm, 19 March 2014. . .

http://www.bis.org/review/r140321d.htm