Trust Goldman Sachs to make a record fine look like a good result
Bank of America, Citigroup, BNP Paribas and JPMorgan are all universal banks. The FHFA got Bank of America Merrill Lynch to pay $6bn and made it buy back . some mortgage securities. And then there is the big one: towards the end of last year JPMorgan had to. cough up a massive $13bn (unlucky for some), including $4bn related to. issues around mortgage securities. Earlier this month, BNP Paribas had to pay nearly $9bn and plead guilty to a. criminal charge for helping clients to evade US sanctions. which offer a wider range of services than a pure-play investment bank such. The French bank. of the loans it was turning into securities had a decided whiff about them. as Goldmans and therefore have the potential to get into bigger trouble when. was also banned from conducting US dollar-clearing transactions for a year,.
Abacus Rolls Out File Transfer Solution for Buy-Side Firms
- Per the definitive agreement, Kohlberg Kravis, in partnership with Abacus, will buy a controlling stake in Towers 2, 3 and 4 of the WTC complex, which adds up to 70% of the total ownership interest. The seller company will retain the remaining ownership.
- Abacus Group has launched a new service designed to help hedge funds and private equity firms to automate routine file transfers. The solution, dubbed Abacus FileDriver, is designed to prevent against time-consuming disruptions resulting from large
- Abacus Group, a buy-side focused vendor, has announced a deal with Varonis Systems to offer a platform to monitor, manage and capture unstructured data in the Abacus private cloud. Varonis DatAdvantage gives clients the ability to identify sensitive