Archives
U.S. prosecutors reopen probes against several big banks
October 30th, 2014
U.S. prosecutors are reopening investigations into big banks on suspicion they may have violated agreements under which the institutions settled prior cases against them, The New York Times reported, citing lawyers briefed with the matter. With the settlements, the ...
DGCX launches to new pairs of Mini Indian Rupee Futures
October 30th, 2014
The Dubai Gold and Commodities Exchange (DGCX), which has commenced trading in November 2005 as the regions first commodity derivatives exchange and has become today, the leading derivatives exchange in the Middle East., announced the launch of two new pairs of ...
Dutch market maker and liquidity provider on key European markets
October 30th, 2014
Tbricks announced that WEBB, market maker and liquidity provider on key European markets, has deployed Tbricks for trading and market making of cash products and financial derivatives. Founded in 2006, Tbricks was initially designed for high frequency trading in ...
Visa shares jump as earnings beat estimates
October 30th, 2014
Revenue and profit, excluding one-time litigation charges, came in better than expected. Visa’s (V) profit fell about 10% in its fiscal fourth quarter, weighed down by one-time litigation expenses. But the latest results beat Wall Street expectations, and shares ...
Microsoft lays off 3,000 in latest round of cuts
October 30th, 2014
Close to 70% of the positions were former Nokia staffers. Microsoft laid off 3,000 workers Wednesday, finishing a round of 18,000 layoffs that the company announced in July. “The reductions happening today are spread across many different business units, ...
Australia 200 – Tries to Establish Itself Within 5400 – 5500 Range Again
October 29th, 2014
Australia 200 for Wednesday, October 29, 2014 Throughout most of September the Australia 200 Index declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and 5500, ...
Suspension of payments for Assya Asset Management Luxembourg S.A.
October 29th, 2014
Luxembourg’s financial regulator has issued an announcemnt that in accordance with Article 60-2 of the law of 5 April 1993 on the financial sector, the company ASSYA ASSET MANAGEMENT LUXEMBOURG S.A. has filed an application for suspension of payments ...
Accountant fined for not keeping up with CPD
October 29th, 2014
A chartered accountant has been reprimanded and fined for not keeping up with requirements for continuous professional development (CPD). David Foister, of Kettering, Northamptonshire, has been fined £1,000 and ordered to pay costs of £1,500 for not submitting annual ...
FCA fines Yorkshire Building Society £4,135,600
October 29th, 2014
Financial Conduct Authority (FCA) has fined Yorkshire Building Society (YBS) with the amount of £4,135,600 for failings when dealing with its mortgage customers experiencing payment difficulties. Between 1 October 2011 and 31 July 2012, call handlers at YBS, dealing with ...
Former head of US regulator advising top Bitcoin companies
October 29th, 2014
A former chair of the Securities and Exchange Commission (SEC) has been appointed to the advisory board of the two major Bitcoin companies. Arthur Levitt, who served as chair of the SEC between 1993 and 2001, will advise Bitpay ...
