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Banks sued in metal price-fixing case

2014-11-26 13:22:01| BBC News | Business | UK Edition

Goldman Sachs and HSBC are amongst four platinum and palladium dealers to be sued in New York for allegedly fixing the price of the metals.

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Big four banks under pressure to rule out funding Queensland coal projects

2014-11-25 05:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australias largest banks are coming under pressure from environmental groups not to fund huge coal projects in central Queensland, amid accusations the government is encouraging financial institutions to back the new mines. The Australian Conservation Foundation has called on the big four banks ANZ, Westpac, Commonwealth Bank and NAB to rule out financial support for nine proposed mines in the coal-rich Galilee Basin region of Queensland. Financial backing for the mines, which will produce...

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Lending Platform Mirador Financial to White-Label Its Technology for Banks

2014-11-24 21:32:06| PortlandOnline

Lizette Chapman in the Wall Street Journal , November 24, 2014

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Public still doesn't trust the banks, says David Murray

2014-11-24 17:51:58| Automakers - Topix.net

Banks have a public-relations problem stemming from a deficit of trust that won't be restored by regulation but rather requires leaders to fix cultures, said the chairman of the financial system inquiry, David Murray. The financial-planning scandals at Commonwealth Bank of Australia and Macquarie Group this year raised questions about aggressive sales cultures in banks, while last week's revelations that ANZ Banking Group has suspended seven traders over possible manipulation of benchmark interest rates cast another pall over the industry.

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US Senate grills banks on commodities

2014-11-20 19:47:40| BBC News | Business | UK Edition

Executives from three US banks are being questioned by senators over accusations the banks engaged in unfair trading practices relating to several commodities.

Tags: banks senate commodities grills

 

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