Search Results for: CIF
CFTC Orders Goldman Sachs to Pay $120 Million Penalty for Attempted Manipulation
December 22nd, 2016
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order today filing and settling charges against The Goldman Sachs Group, Inc., and Goldman, Sachs & Co. (collectively, Goldman or the Bank). The Order finds that, beginning in January 2007 ...
Trader and a trading company ordered to pay $2.5 Million Penalty
December 21st, 2016
Federal Court Orders Chicago Trader Igor B. Oystacher and 3Red Trading LLC to Pay $2.5 Million Penalty for Spoofing and Employment of a Manipulative and Deceptive Device, while Trading Futures Contracts on Multiple Futures Exchanges The Court’s Order Finds ...
Asian Equities Gain as Dow Hits Record, Oil Climbs: Markets Wrap
December 21st, 2016
Investors shrug off Europe terror events, eye U.S. economy Yen rebounds after weakening to lowest level since February Asian stocks followed advances in U.S. and European equities as the prospects of faster U.S. economic growth propelled markets toward the ...
Hong Kong to Start 2017 Disruption With Fintech Festival
December 20th, 2016
The first fintech event of 2017 will see 24 startups from across the globe heading to Hong Kong as part of the week long StartmeupHK Festival. 2017 is expected to be another year of disruption with more financial technology ...
Grant Thornton UK reports 2.5% increase in revenue to £534m
December 20th, 2016
Leading business and financial adviser Grant Thornton UK LLP has continued to deliver against its Vision 2020 strategy. The firm’s financial results for the year ending 30 June 2016 show a 2.5% increase in revenue to £534m for the ...
Asian Shares Fall on Europe Turmoil; Yen Weakens After BOJ Move
December 20th, 2016
Japanese shares erased losses and the yen weakened after the Bank of Japan upgraded its assessment of the world’s second-largest economy. Gold retreated and treasuries dropped. Japan’s Topix index erased earlier declines after the central closed a tumultuous year ...
KPMG UK has announced an increase in revenues; breaks £2bn barrier
December 19th, 2016
KPMG has announced an increase in revenues from £1,958m to £2,068m. Mid-market tax, transaction services and management consulting achieved double digit growth The firm created approximately 1,500 new jobs, with total staff now just over 13,000 KPMG, the professional ...
Central Bank of Greece forecast a strengthening of growth for 2017
December 16th, 2016
Today, in accordance with its Statute, the Bank of Greece submitted its Interim Report on Monetary Policy 2016 to the Speaker of the Greek Parliament and the Cabinet. Progress with the implementation of the programme and with economic recovery ...
ASIC releases world-first licensing exemption for fintech businesses
December 16th, 2016
ASIC has today released class waivers to allow eligible financial technology (fintech) businesses to test certain specified services without holding an Australian financial services or credit licence. ASIC Commissioner John Price said, ‘ASIC’s ‘fintech licensing exemption’ is unique. No ...
The Legal Industry Is Still On Life Support
December 15th, 2016
Perhaps it’s a bit much to say a multi-billion-dollar industry handing out fat bonuses is on life support, but it’s equally important not to let appearances deceive you. The legal industry (and we’re talking specifically about law firms… not ...
