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State sues Accenture for data loss
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Wachovia dismisses breach-of-contract lawsuit
Wachovia has officially dismissed its breach-of-contract lawsuit against Thornburg Mortgage over a series of unwound derivatives transactions.
Fidelity National sued over 8.5 million customers’ stolen details
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Four in five firms hit by fraud, says survey
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Range of 29 forward commodity ETFs to be listed on LSE
Twenty-nine new exchange-traded funds (ETFs) tracking the forward prices of a variety of commodities and commodity baskets are due to list on the London Stock Exchange (LSE) in the next four weeks.
Geen appointed general counsel for Isda
David Geen has been appointed general counsel for the International Swaps and Derivatives Association (Isda). He had previously served as Isda's European general counsel since November 2006, helping to develop the association's European loan credit…
German finance minister calls for Basel III
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Senior duo leaves Calyon after €250 million rogue trade
Two of Calyon’s most senior bankers have departed following the discovery of a rogue credit derivatives index trade earlier this month.
BarCap launches “new currency” for financing
Barclays Capital has unveiled a synthetic currency intended to reduce funding costs for corporate clients, banks and hedge funds.
Subprime bill deemed “a constructive step”
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FSA update on Money Laundering Regulations 2007
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Mifid: new UK notifications as Mifid deadline approaches
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Hackers sell kits on auction site
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Bear profits tumble by 61% as Goldman's rise 79%
Bear Stearns confirmed it was the US securities dealer with proportionally the most damaging exposure to the troubled US mortgage market when it unveiled a third-quarter net profit of $171.3 million, a year-on-year drop of 61%.
Rogue traders cost Calyon $358 million
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Algorithmics launches Algo First 4.0
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Rating agencies unmoved by Calyon’s rogue trade
Standard and Poor’s, Fitch Ratings and Moody’s Investors Service have all affirmed their ratings and ratings outlooks for Calyon and its parent company following the disclosure of a large rogue trade.