Hedge funds betting oil price plunge is over

Speculators boosted their net-long position in West Texas Intermediate crude by 14 percent. Short bets contracted by 15 percent as long wagers expanded 4 percent.

New York’s Lawsky wants Senior BNP Execs fired in Probe

By Karen Freifeld NEW YORK (Reuters) – New York state’s top banking regulator, Benjamin Lawsky, is asking BNP Paribas SA to fire some senior executives as part of a settlement of allegations that the French bank violated U.S. sanctions, two sources familiar with the matter said on Saturday. Lawsky has demanded that more than a … Read more