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Market News

Location American Market News for 25 October 2014
Deutsche Bank is allegedly bracing itself for a $1bn fine from U.S. and U.K. authorities after it was accused of manipulating two of the world's most important interbank lending rates, Libor and Euribor. According to sou...
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(Reuters) - Fannie Mae (FNMA.OB) has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized by the U.S. govern...
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Switzerland Set To Greedily Grab Gold

Forbes - 25 Oct 2014 14:25
On November 30th the Swiss will be asked to vote on boosting the share of central reserves devoted to gold. Opinion polls indicate they will vote yes.
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Ruble Faces New Wave of Pressure

Wall Street Journal - 25 Oct 2014 00:07
A new wave of pressure is hitting Russia's ruble as the market is becoming convinced that the central bank won't be able to halt its slide.
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