Martin Wheatley, chief executive officer of British watchdog Financial Conduct Authority said his firm's launching a probe on foreign-exchange benchmarks manipulation has been affirmed when evidence from ten banks had been submitted to them.
An FCC official told Reuters that Federal Communications Commission Chairman Tom Wheeler in unsure whether a merger of Sprint Corp and T-Mobile US could actually push through in the US due to competition concerns.
Assistant United States attorney Eugene Ingoglia told the jury and the court audience during his closing arguments at arguably one of the most-watched court trials that ex-SAC Capital Advisors portfolio manager Mathew Martoma wanted an early-warning system to make trades.
The development of the state of Detroit's plans to emerge from bankruptcy has a strange new twist, as its 'plan of adjustment' will be forced by court for debtholders by courts to absorb massive losses, DealBook said in a report.
