{
Tom Butt

People

}
001122334455554433221100
001122334455554433221100

richmond files lawsuit against banks over alleged illegal derivative contracts

The City of Richmond has filed a lawsuit against JPMorgan Chase and the Royal Bank of Canada, alleging illegal derivative contracts that cost the city tens of millions. The suit claims these interest rate swaps violated California law and diverted funds from essential services. Richmond seeks to recover losses from the transactions, which have contributed to its financial struggles and credit downgrades.
Grandview Independent
United States Dollar Royal Bank of Canada JPMorgan Chase & Co. USA CAN Eduardo Martinez Sienna Miller Cláudia Jimenez George Majors Tom Butt Show more
Regulatory & Legal, News Article
23:24 18.03.2025
Trending
Subcategory
Corporate News Startups & Entrepreneurship Industry Trends Global Trade Developments Stock Market Updates Industry Mergers & Acquisitions Private Equity Deals Retail and Consumer Goods Supply Chain Management Government Economic Policies Fintech Startups Venture Capital Investments Inflation and Monetary Impact CEO Changes Finance Mergers & Acquisitions AI Innovations Emerging Startups Workplace Trends Energy Sector Developments Economic Indicators
Countries:
IND USA CHN ARE JPN SAU EGY SGP KOR MYS HKG TWN THA IDN BHR PAK ISR PHL TGO KEN
Companies:
Apple Inc. Google Inc. Grab2Go AS OLA ELECTRIC MOBILITY LTD NIO Inc. Nikkei 225 Delhivery Limited Ecom Express Ltd. Nintendo Co., Ltd. EFG Hermes Egypt Microsoft Corporation Eurasia Groupe SA British International Investment plc XPeng Inc. Li Auto Inc. Morgan Stanley Taiwan Semiconductor Manufacturing Company Limited VFS Global AG LARGAN Precision Co.,Ltd S&P/ASX 200
Currencies:
United States Dollar Indian Rupee Euro Chinese Yuan Japanese Yen United Arab Emirates Dirham South Korean Won New Taiwan Dollar Indonesian Rupiah Saudi Riyal Offshore Chinese Yuan Hong Kong Dollar Malaysian Ringgit Filipino Peso West African CFA Franc Thai Baht Mexican Peso Croatian Kuna Bahraini Dinar Egyptian Pound
People:
Donald Trump Jerome Powell Joe Biden Mohamed Ebeida Changpeng Zhao Nancy Wei Anwar Ibrahim James Smith George Davis Ariel Maislos Itamar Falcon Michael Ehrlich Youma Fall Christian Palouki Rahul Jain Ahmed Obaid Rodolphe Saadé Sahil Barua Pam Bondi Serene Sia

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.