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PRESS: Credit Suisse, Barclays In Settlement Talks On Dark Pools - WSJ

12th Aug 2015 08:03

LONDON (Alliance News) - Credit Suisse Group AG and Barclays PLC are in settlement talks with the New York attorney general and the US Securities and Exchange Commission over allegations of wrongdoing in their dark pool private trading venues, the Wall Street Journal reported late on Tuesday.

Citing people familiar with the matter, the report said the talks could see Credit Suisse pay a fine in the "high tens of millions". It said the Barclays talks "also suggest a large fine".

http://www.wsj.com/articles/credit-suisse-nearing-record-settlement-tied-to-wrongdoing-at-dark-pool-1439315166

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


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