U.S. appeals court throws out Deutsche Bank traders’ Libor-rigging convictions

NEW YORK (Reuters) – A US appeals court on Thursday overturned the convictions of two former Deutsche Bank traders for forging Libor, which was among the world’s most important financial standards, and ordered the two men acquitted. . The U.S. Court of Appeals for the Second Circuit in Manhattan found a lack of evidence that … Read more

U.S. goods trade deficit hits record high; retail inventories surge

Stacks of merchandise are photographed during operations on Cyber ​​Monday at the Amazon Fulfillment Center in Robbinsville, New Jersey, US, November 29, 2021. REUTERS/Mike Segar/File Photo Register now to get free unlimited access to Reuters.com Register The goods trade deficit increased 3.0% in December Retail stocks rose 4.4%; Wholesale sales rise 2.1% New home sales … Read more

Analysis: Will the games stop? SEC mulls crackdown on trading apps

WASHINGTON, Jan. 26 (Reuters) – A year after the “share meme” rally that humbled hedge funds and rattled Wall Street, U.S. regulators are studying ways to crack down on psychic routers used by Robinhood Inc (HOOD.O) and others. From companies without commissions. Brokers to promote stock trading frequently on smartphone applications. The Securities and Exchange … Read more

Wall Street banks eye ‘new normal’ for trading revenue after stellar two years

A street sign, Wall Street, is seen outside the New York Stock Exchange (NYSE) in New York City, New York, US January 3, 2019. REUTERS/Shannon Stapleton/File Photo Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – Wall Street banks expect trading revenue to stabilize at a “new normal” somewhere between … Read more

Dollar finds a footing as traders brace for hawkish Fed

Illustrative photo of the US dollar, Swiss franc, British pound and euro banknotes, taken in Warsaw on January 26, 2011. REUTERS/Kacper Pembel/File Photo Register now to get free unlimited access to Reuters.com Register The dollar maintains Friday’s jump in Asia Rebound extends to 114.45 yen; Federal Funds Futures Drops China offers surprise 10 basis points … Read more

Analysis: After U.S. bank stock surge, options traders brace for earnings-fueled volatility

NEW YORK (Reuters) – Bank stocks have surged in recent weeks, but the rebound in hedging in a major financial sector exchange-traded fund may be a sign that investors are wary of earnings season volatility, options market experts say. . As major banks such as JP Morgan (JPM.N), Wells Fargo and Citigroup Inc (CN) prepare … Read more