U.K. Fines Ex-J.P. Morgan Executive Over 'London Whale' Trades

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The U.K.’s Financial Conduct Authority said it had fined a former J.P. Morgan executive more than $1 million for “failing to be open and cooperative” with the regulator at the time of the so-called London whale trades.

IEA Warns Oil Prices Could Fall

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Crude-oil prices could fall even further as the world’s vast oversupply of petroleum only got worse in January with a surge in production from OPEC, a top global energy monitor said.

Swedbank CEO Ousted by Board

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The Swedish bank is currently being investigated by the country’s financial authority over a potential conflict of interest.

Global Markets Volatile; Japanese Stocks Sink

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The selloff in global equities continued, with stocks in Japan closing more than 5% down, although European shares recovered from early losses.

Toyota Runs Roughshod Over Mini Car Maker

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Toyota’s offer to buy the chunk of Daihatsu Motor it doesn’t already own leaves minority shareholders in the back seat.

Container Ship Indian Ocean Tugged From Mud in Elbe River

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The Indian Ocean container ship stuck in the Elbe River for more than five days is afloat again after a third attempt to rescue the vessel succeeded overnight.

Winning Bets Become Losers

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Bets on financial shares and the technology sector have cost investors dearly, as have those against the Japanese yen and wagers on the U.S. dollar.

Deutsche Bank Share Fall Reflects Broader Concern

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Deutsche Bank’s shares dropped sharply Monday amid a selloff of European bank stocks, reflecting broader concerns about the German bank.

Why European Bank Stocks Are Getting Hammered

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Stocks and bonds of European banks are selling off sharply. That is because a big profitability problem risks making their other, known issues worse.

Japan Markets Shaken as Investors Seek Shelter

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Japanese stocks fell more than 5% and the yield on the benchmark government bond dropped into negative territory for the first time, twin signs of a flight to safety that threatens undermine the nation’s recovery.

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