London is not planning on setting up its own renminbi clearing bank, Stuart Fraser, the policy chairman of the steering committee at the City of London Corporation, tells Asiamoney Plus, a sister ...

ORLANDO - A Federal Reserve-sponsored working group is expected to recommend the creation of a bond-market clearing bank that could step in if either Bank of New York Co. or J.P. Morgan Chase & Co.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

JPMorgan Chase & Co. will provide dollar clearing services in Angola, becoming the first US bank to return to the country’s financial system after years of compliance restrictions.

It's a new twist on one of the the oldest scams in the book. It's the old Publisher's Clearing House scam. Swindlers call and say you've won. You know that scam, but now they pose as your bank with an ...