Daily Ticker

  • Are auto loans a subprime crisis in the making?

    Lauren Lyster at Daily Ticker2 yrs ago

    The New York attorney general filed a securities fraud lawsuitagainst British bank Barclays, accusing the firm of giving an unfair advantage to high-frequency traders in the U.S., while claiming to protect other clients from the HFTs. It's the highest profile case we've seen yet, according to Reuters, as a result of authorities' attempts to make sure dealers aren't ripping off investors in today's largely automated stock markets.

    Related: The market is rigged and here’s how individuals can play it

    At the same time,regulators are reporting concerns that banks are taking on more risk to pursue profit. A major bank regulator warned Wednesday that competition along with low interest rates and a slowly-growing economy is fueling riskier bank lending.

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