TOKYO (Reuters) - The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have asked Japanese banks and regulators for help in checking whether the Tokyo interbank offered rate, known as Tibor, was manipulated by U.S. banks and others, the Nikkei business daily said.
Reuters
Nasdaq boosts Facebook compensation plan to $62 million
WASHINGTON/NEW YORK (Reuters) - Nasdaq OMX Group Inc plans to pay out $62 million in cash to firms that lost money in Facebook Inc's bungled initial public offering in May, modifying an earlier plan that drew intense criticism from market makers and other exchanges.
Exclusive: Labor Dept looking into JPMorgan stable value fund
NEW YORK (Reuters) - The U.S. Department of Labor is looking into whether JPMorgan Chase & Co violated its fiduciary duty under the Employee Retirement Income Security Act in connection with one of its stable value funds.
ECB's Coeure says negative bank deposit rate an option
MEXICO CITY (Reuters) - Cutting the deposit rate the European Central Bank offers lenders in the euro zone below zero is an option, ECB Executive Board Member Benoit Coeure said on Friday.
