Credit Suisse suspends traders
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Business & money: Swiss bank suspends 'handful' of traders suspected of overvaluing asset-backed securities
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NEW YORK - Marsh &amp; McLennan Cos. Inc. said yesterday that it was suspending its practice of using &quot;market services agreements&quot; with insurance carriers.
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French bank Societe Generale has lost $10bn, the bulk of which was lost through fraud by a trader.
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Russian state bank accounts held in France are frozen as a Swiss firm demands that Russia repay debts.
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Technical difficulties halted electronic trading on the Chicago Board of Trade for nearly two hours on Wednesday afternoon, exchange officials said.
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China said Tuesday it will temporarily suspend initial public offerings until it comes up with new rules on share offer pricing. The China Securities Regulatory Commission
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The South African company Gold Fields Limited announced Friday that the New York Stock Exchange has suspended trading in its stock.
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Zurich Financial Services Group has suspended several employees in its U.S. specialty business following an internal review of business practices in the wake of New York Attorney General Eliot Spitzer's ...
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Zurich Financial Services said Friday it has suspended several employees in the United States as part of an internal review tied to a wider industry investigation of insurance broker Marsh & McLennan Companies ...
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Eyetech Pharmaceuticals Inc. said that its Nasdaq-listed shares have been halted for trading on Friday while a Food and Drug Administration panel meets to review the company&#39;s application for
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After seeming to have skirted the worst of the mortgage issues plaguing the financial sector, Credit Suisse revealed Tuesday that it had suspended a "handful" of traders for overvaluing assets and would take a $1 billion hit to its first-quarter results.
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A look at how Societe General's trading scandal unfolded:
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Rampages through the Pink Sheets The Securities and Exchange Commission (SEC) today hit back at 'pump and dump' fraudsters by suspending trading in 35 companies that have been the "subject of recent and repeated spam email campaigns". Next step of its pleasingly named "Operation Spamalot", is to find the perpetrators and bring them to justice.â¦
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Shares in Air New Zealand were placed in a trading halt before the New Zealand Stock Exchange opened this morning. Air NZ requested its shares be placed on the halt before a High Court announcement on the
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A technical problem temporarily halted trading at the Japanese Jasdaq stock exchange Wednesday. The glitch halted trading at the Japanese Association of Securities Dealers Automated Quotation System (Jasdaq) from 9 a.m. local time until about 10:20 a.m. The exchange, run by the Jasdaq Securities Exchange, announced the problem on its Web site. The exchange did not give details about the problem. A message on Jasdaq's Web site posted during the morning said the exchange had suffered a technical issue with a part of its computerized trading system. Based in Tokyo, Jasdaq is a market aimed at small and venture companies. The exchange issued an apology for the inconvenience.ADVERTISEMENTWhite paper: Solutions to Address IT Control RequirementsLearn how BMC Software Solutions address requirements such as the Sarbanes-Oxley Section 404 in this 20 page whitepaper!
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German engineering giant Siemens has suspended the appointment of Hannes Apitzsch as chief financial officer for the industry sector while a corruption enquiry is carried out.
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MACQUARIE Bank Ltd announced a suspension of trading in its shares after the market closed today. Paterson Securities adviser Michael Heffernan said the trading halt could be related to two issues - the