Items Tagged with 'Barclays Capital Inc.'

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  • SEC: Barclays Capital to pay $16.5 million to settle RMBS fraud charges

    Two mortgage bond traders suspended for lying to clients
    Barclays Capital will fork over more than $16.5 million as part of a settlement stemming from allegations that the company did not properly supervise two of its former mortgage bond traders who allegedly lied to and overcharged clients, the Securities and Exchange Commission announced this week.
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  • Initial Jobless Claims Ease; Continuing Claims Surge

    A slight breath of fresh air for the labor market, as first-time applications for state unemployment benefits eased 12,000 to a seasonally-adjusted 646,000 in the week ending March 14, the Labor Department said Thursday. Nonetheless, the total number of Americans on the benefits roll after drawing at least one week of aid mounted to a record 5.47 million, indicating that job openings are few and far between as companies continue to cut costs.
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