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U.S. Fed bars ex-BMO trader from banking sector
WASHINGTON (Reuters) - The U.S. Federal Reserve on Tuesday said it is banning former Bank of Montreal natural gas futures trader David Lee from working in the banking sector under a consent agreement. |
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(AFX UK Focus) 2008-11-18 19:15 U.S. Fed bars ex-BMO trader from banking sector
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WASHINGTON, Nov 18 (Reuters) - The U.S. Federal Reserve on Tuesday said it is banning former Bank of Montreal natural gas futures trader David Lee from working in the banking sector under a consent agreement. The Fed said Lee did not admit to any allegations but consented to the order based on his alleged participation in unsafe and unsound banking practices, breaches of fiduciary duty and ... |
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Oil rises above $58 on heating oil, gas futures
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Oil prices rose above $58 Monday as cold weather heading into the East drove up heating oil and natural gas futures and a government report showed a surprise jump in U.S. industrial output. |
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