Bloomberg Goldman Sachs Group Inc., JPMorgan Chase & Co. and four other investment banks are conspiring to control the $1 trillion market for lending stocks, according to a federal lawsuit. The complaint by the Iowa Public Employees Retirement System and two other pension plans claims the banks are blocking a shift to all-electronic system for matching lenders and borrowers of ...

Bloomberg Chile’s central bank kept borrowing costs on hold after the core inflation rate jumped, then slumped and then rose again, leaving economists and policy makers divided over the outlook for rate cuts. Policy makers, led by bank President Mario Marcel, held the key rate at 2.5 percent last week, as forecast by 19 of 20 economists surveyed by Bloomberg. ...

Bloomberg Betsy Duke was working in a Virginia Beach dinner theater in the mid-1970s, struggling to make ends meet, when she applied for a job at a dry cleaner. It turned her down. Instead, she became a part-time teller. Wells Fargo & Co. recently named her the first woman to oversee one of the largest banks in the nation. She ...