David Riley News
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Scottish politicians pursuing independence are determined to defy Chancellor of the Exchequer George Osborne by keeping the pound. They also want his borrowing costs, which are near record lows.
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Former Foundry Networks Inc. executive David Riley and an ex-analyst pleaded not guilty to taking part in what prosecutors claim was a $27 million insider- trading scheme.
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A former Foundry Networks Inc. executive was charged in what prosecutors called a $27 million insider-trading scheme with tipping a California hedge fund analyst about the company’s acquisition by Brocade Communications Systems Inc.
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Chancellor of the Exchequer George Osborne intends to unveil the second phase of a plan to increase loans for small companies and consumers because the U.K. economy remains weak, said a person with knowledge of the plan.
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Hedge fund analyst Matthew Teeple was released on $200,000 bond in New York in connection with what prosecutors call a $27 million insider-trading scheme.
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Fitch Ratings Managing Director David Riley said euro-area countries may face renewed pressure on their sovereign debt ratings if they don’t make headway on resolving the debt crisis by year end.
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Barclays Plc, the U.K.’s second- largest lender by assets, paid investment bankers bonuses “incapable of justification” as employees focused on revenue at the expense of clients, according to an internal report.
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The International Swaps & Derivatives Association, a financial industry derivatives group, is being probed as part of a European Union antitrust investigation into how data on credit derivatives is shared.
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The European Central Bank should step up its government bond purchases to combat the euro region’s debt crisis, said David Riley, head of the sovereign- debt unit at Fitch Ratings.
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Portugal and Spain may be able to avoid a financial rescue as the euro region is likely to “muddle through” an economic recovery, according to David Riley of Fitch Ratings.
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