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JPMorgan to pay $200 million fine over lax staff monitoring

    Bloomberg JPMorgan Chase & Co is preparing to pay roughly $200 million to resolve the US regulatory investigations into the lapses over monitoring the employee communications. A settlement with the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) could be reached before year-end, according to people familiar with the matter, although the figure is preliminary ...

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Thai central bank chief says focus is on growth

    Bloomberg Bank of Thailand is focused on aiding economic growth amid subdued inflation and is less worried about the US Federal Reserve’s monetary actions, Governor Sethaput Suthiwartnarueput said ahead of the central bank’s rate meeting next week. “Most of our rate trajectory will be dictated by domestic considerations,” Sethaput said, adding inflation, growth and financial system stability will ...

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Hungary ends QE programs

  Bloomberg Hungary said it would continue a cycle of interest rate hikes and shut down its quantitative-easing programs, removing brakes on one of the most aggressive monetary tightening campaigns in Europe. The forint extended gains against euro after the central bank said it has ended its programs for buying corporate and government bonds following a meeting. Deputy Governor Barnabas ...

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