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Morning. Five banks have been hit with major fines. Kayla tousche joins us on set with some of the details. This is the settlement weve been speccing for weeks, for months. An 18month investigation by authorities in the uk as well as the uk as well as switzerland have announced a joint settlement with five banks, urging them to pay more than 3 billion to settle charges of key Foreign Exchange rates in the 4 00 hour is when most of the activity, according to the press releases, happened. Its going to be a costly one for many of these banks. Ubs will pay the most at about 800 for a threeway settlement. The cftc in the u. S. And the federal authority, as well. Citibank will pay 668 million to the fca and the cftc as that Bank Adjusted earnings by 600 million just a few weeks ago as it was setting aside more money for this settlement. Jp morgan chase will pay the two u. S. And u ....
Well. Its wednesday, february 6, 2013. Squawk box begins right now. Good morning, welcome to squ squawk box on cnbc. Becky quick is under the weather. Hope you feel better. Joe is off, steve leaseman here, as well. Our guest this hour, Yahoo Finance senior columnist steven kohey. A lot to discuss about the markets. Stocks rallying to wipe out most of the previous session losses. Check out the socalled ear gauge. The vix as we call it, tumbling below 14. Then in the next hour, something a little different on squawk box this morning. Were going to be joined on set by three wellknown names on wall street. Blair ephron, roger altman. And honeywell chief david cody y. These guys . All three have been sitting in on regular Conference Calls with the white house. Theyre among the leaders the Obama Administration is turnin ....
Facebook finally on feels its crypto currency so could libra transform traditional Payment Systems and will governments seek to regulated. Also on the show all eyes are on istanbul ahead of sundays mejor old election to voters punish the ruling party for turkeys economic woes. Real estate costs are skyrocketing in berlin driving the german capital to consider an unusual solution. And unlocking the hidden beauty of snails well share some surprising uses for europes liveliest cash crop. Welcome to business im Stephen Beers and glenn its good to have you with us can facebook take cryptocurrency mainstream the Worlds LargestSocial Network unveiled the digital coin it plans to roll out next year a libra is its name and proponents say it might just revolutionize digital ....
China reports its slowest Economic Growth in decades so theres a Trade Dispute with the u. S. To blame for a Slower Growth simply chinas new normal breakdown the latest from beijing. Also on the show the e. U. Takes action against turkey for its gas drilling off the coast of cyprus will tell you what it means and how ankara has responded. And farmers in argentina could benefit from south americas new trade deal with the e. U. Board about other sectors well that depends on the u. S. This is your Business Report im Stephen Beers in berlin thanks for joining us the chinese economy continues to cool new Quarterly Results showing the slowest growth in 27 year ....
, BC, and , Dec. 11, 2023 - International Battery Metals Ltd. , is pleased to announce the appointment of Libor Michel to serve as Co-Chief Executive Officer, along with Garry Flowers, and Douglas Smith as Chief Financial Officer, effective. - Veroeffentlicht am 11.12.2023 ....