Tag: swaps

Big Banks to Pay $46 Million to Settle Swaps Collusion Case

(Bloomberg) — Ten major US and European banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and BNP Paribas SA, plan to pay a combined $46 million to end a lengthy legal battle with pension plans that accused them of conspiring to block competitors in interest-rate swaps trading. Most Read from Bloomberg The payments […]

‘Hellcat Mike’ Charged With Stealing Dodge V8s for Engine Swaps

Dodge How about some grand theft auto news with that late-morning coffee? Sorry, we’re not talking about the video game. That MIA GTA is a different story for a different day, folks. I’m talking about real-life GTA because it’s just as wackadoodle, anyway. According to Carscoops, authorities in San Antonio have made several arrests in […]

Petrobras shares plunge as Brazil’s Lula swaps CEO

RIO DE JANEIRO (Reuters) – Shares of Brazil’s Petrobras plunged 8% on Wednesday after the state-run oil firm said its chief executive would step down, to be replaced by a former regulator with views closer those of President Luiz Inacio Lula da Silva. Industry analysts expressed concern, as CEO Jean Paul Prates was seen as […]

Space-X works out deal with TPWD, swaps for new state park

AUSTIN (KXAN)- A new state park is coming after Space-X made a deal with the Texas Parks and Wildlife Department. Elon Musk’s space company will get 43 “noncontiguous acres” from Boca Chica State Park, according to a press release from Texas Parks and Wildlife. Space-X worked out a deal with TPWD. Elon Musk’s rocket company […]

Prisoner-for-hostage swaps shine light on incarcerated Palestinian minors

JERUSALEM —  As he waited for word on whether his 14-year-old son, Ahmad, would be released in the prisoner-for-hostage exchanges between Israel and Hamas, Nawaf Salaymah entered an East Jerusalem courtroom earlier this week and tried to put another son, Ayham, 13, behind bars. “I don’t want another postponement,” Salaymah said. “If Ayham goes in now, […]