Reporter: Reuters

'Goldman Sachs wins pay dispute with former trader: filing

Goldman Sachs Group Inc has won a pay dispute with a former employee known for his role in shorting the U.S. housing market in the run-up to the financial crisis, according to a arbitration ruling this week.

'Fed may raise interest rate by next spring

The U.S. Federal Reserve will probably end its massive bond-buying program this fall, and could start raising interest rates around six months later, Fed Chair Janet Yellen said on Wednesday, in a comment which sent stocks and bonds tumbling.

'U.S. banks' relief to borrowers exceed terms of 2012 deal

Top U.S. banks including Bank of America Corp and Citigroup provided more than the $19 billion in help to struggling borrowers they were required to offer under a landmark 2012 deal with the U.S. government, a watchdog said on Tuesday.
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