PODCAST: Banks make chatrooms verboten for traders
JPMorgan, Deutsche Bank, and UBS are cracking down on traders using the chat feature on their Bloomberg terminals, like the one above.
JPMorgan and Deutsche Bank are prohibiting the use of some chatrooms amid ongoing investigations of currency manipulation. The move comes after UBS’s investment banking arm did the same last month.
The leader of Ukraine is welcoming a $15 billion early holiday gift from Russia. After weeks of demonstrations from Ukrainians protesting closer links with Russia versus the European Union, the prime minister said the package from Moscow will help Ukraine return to economic growth.
With the year winding down, Marketplace regular Allan Sloan makes some predictions about business and markets in 2014. Bond funds? Bad. Hedge funds for the masses? Very bad. What about the Federal Reserve? Will the stimulus be withdrawn?