Search Results for: Citi
Asia trades lower as market sentiment falls, ASX slips 2%, Shanghai down 1%
February 24th, 2016
Asia stocks traded mostly down Wednesday morning, with a combination of low oil prices, concerns over China and weak overnight data weighing on market sentiment. In Japan, the benchmark Nikkei 225 retraced losses over 1.7 percent early on to trade down ...
New international law firm launches
February 23rd, 2016
Gowling WLG, a new international law firm created by the combination of Gowlings, a leading Canadian law firm, and Wragge Lawrence Graham & Co (WLG), a leading UK-based international law firm, launched on 22 February. With more than 1,400 ...
HSBC Posts 4th-Quarter Loss and Comes Under S.E.C. Scrutiny
February 23rd, 2016
HSBC said on Monday that it lost money in the fourth quarter and warned that it was being investigated for hiring candidates with ties to government officials in the Asia-Pacific region. The lender, which is based in Britain but generates ...
FINRA Bars Broker for Market Manipulation
February 23rd, 2016
Supervisor Barred from Supervising, Suspended and Fined; Additional Broker Sanctioned The Financial Industry Regulatory Authority (FINRA) announced that it has barred broker George Johnson from the securities industry for engaging in a manipulative trading scheme to artificially inflate the ...
Burger King in the Netherlands Accepts Bitcoin
February 22nd, 2016
The Burger King Arnhem branch also announced that anyone that pays in bitcoin will receive a second burger (Whopper) for free and the restaurant will host bitcoin meetups for tourists and bitcoin enthusiasts. The Netherlands’ Arnhem city is known ...
KPMG appoints new UK head of pensions
February 18th, 2016
Andrew Coles has been announced as the new head of pensions at KPMG in the UK, succeeding Andrew Cawley who retires from KPMG after 21 years with the firm. Andrew Coles has been announced as the new head of ...
7 Asian Banks Investigating Bitcoin and Blockchain Tech
February 17th, 2016
Until recently, there was a noticeable lack of interest in bitcoin and the blockchain among the financial institutions of Asia. In fact, banks there were more likely to be issuing warnings about digital currencies than getting involved in any related activity. It was the fall of Mt Gox in ...
Last Wave on Libor: CFTC Likely to Charge Multiple Banks for Rate Rigging
February 16th, 2016
Citigroup, HSBC are among firms targeted by regulators, according to people close to the probe American banks have so far escaped the billions of dollars in fines that have been levied by U.S. and British regulators leading a global ...
Iran resumes oil export to Europe after 5-year-halt
February 15th, 2016
Iran has shipped crude oil to Europe for the first time in five years just a month after world powers lifted sanctions on Tehran in step with the landmark nuclear deal reached last July. The oil shipment to Europe ...
A Dysfunctional EU: What Future?
February 12th, 2016
Many believe that the European Union is, and can only ever be, a force for good and that the 500-plus million citizens of its 28 Member States should be eternally grateful for all the myriad of benefits that they ...
