Tag: BAC

• Friday, May 14th 2010 - 04:05 UTC

  US Looking into Possible Banks-Credit Rating Agencies Collusion

  

  Eight banks are facing a US investigation into the rating of their mortgage products, the BBC understands. New York Attorney General Andrew Cuomo is looking at whether the relationship between the banks and credit rating agencies was manipulated to gain better ratings for risky securities.

• Wednesday, April 28th 2010 - 06:29 UTC

  Banks Serving Rich Argentines Moving from Bs. As. to Miami and Montevideo

  

  More than ten investment banks, including Wells Fargo, HSBC, Merrill Lynch and Credit Suisse, will leave Argentina in the coming weeks, a Buenos Aires newspaper reported Monday.