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Barclays fined US$361m for 'appalling' mistake

Barclays fined US$361m for ‘appalling’ mistake

Sep 30 (Reuters) – British lender Barclays (BARC.L) on Thursday agreed to a $361 million fine with U.S. regulators over “staggering” failures that led it to oversell $17.7 billion worth of products structured, racking up additional costs for a mistake that spoiled CEO CS Venkatakrishnan’s first year in charge. Shares of Barclays were up 2% …

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Cryptoverse: Bitcoin miners find themselves stuck in a bear pit

Cryptoverse: Bitcoin miners find themselves stuck in a bear pit

A bitcoin representation is seen in an illustrative photo taken at the Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Join now for FREE unlimited access to Reuters.com Register Sep 27 (Reuters) – Spare a thought for the embattled bitcoin miner. By the end of 2021, miners were the toast of the …

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Fed officials eye markets down, say inflation is priority

Fed officials eye markets down, say inflation is priority

Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 26 (Reuters) – U.S. Federal Reserve officials on Monday put an end to rising volatility in global markets, from falling U.S. stocks to currency turmoil overseas, and said their priority remained control. domestic inflation. “There are interactions there,” said Cleveland Fed President Loretta Mester, …

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Cryptoverse: After Merger, Ether Heads For A $20 Billion Shanghai Madness

Cryptoverse: After Merger, Ether Heads For A $20 Billion Shanghai Madness

Souvenir tokens representing the Bitcoin, Ethereum, Dogecoin and Ripple cryptocurrency networks dive into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 20 (Reuters) – Merger has come, seen and conquered. Not that you would guess from crypto prices. The mega-upgrade to the …

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Cryptoverse: Ether goes after Bitcoin's heels in the race for the crypto crown

Cryptoverse: Ether goes after Bitcoin’s heels in the race for the crypto crown

Souvenir tokens representing the Bitcoin cryptocurrency and the Ethereum network, with its native token Ether, dip in water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Sep 13 (Reuters) – For years, ether could hardly dream of challenging its big brother bitcoin. Now his ambitions …

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