Search Results for: Citi
Can You Imagine The Fed Raising Rates In This World? Currency Crisis Edition
August 13th, 2015
A month ago China’s stock bubble was bursting and Greece was imploding. Yet the US Fed, in a violation of both headline sentiment and common sense, was still promising to raise interest rates come September. Fast forward to this ...
Bitcoin’s Dark Side Could Get Darker
August 13th, 2015
Investors see riches in a cryptography-enabled technology called smart contracts–but it could also offer much to criminals. Some of the earliest adopters of the digital currency Bitcoin were criminals, who have found it invaluable in online marketplaces for contraband ...
The Aftermath of LIBOR and Penny-Shaving Attacks
August 12th, 2015
Anyone remember the LIBOR scandal from back in spring 2008? A trader for UBS Group and Citigroup named Tom Hayes was just sentenced by a British court to 14 years imprisonment for his role as a ringleader of the scandal. Darrell Duffie and Jeremy C. ...
Alibaba Growth Slows as Chinese Economy Weakens; Buyback Planned
August 12th, 2015
Alibaba Group Holding Ltd. quarterly sales rose at the slowest pace in at least three years and transaction volumes missed analyst estimates amid a weakening Chinese economy. Shares fell in pre-market trade. Revenue rose 28 percent to 20.2 billion ...
Markit launches centralised FX trade confirmation service
August 10th, 2015
Citi and J.P. Morgan first to confirm FX options trades Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced the launch of its FX trade confirmation service. The service matches FX option trade terms to ...
HMRC takes next step towards creating a digital future for taxpayers
August 6th, 2015
HM Revenue and Customs (HMRC) today announced that it will bring some existing IT services under its direct control, while it continues to plan the transition to a new IT delivery model following the ending of the Aspire contract ...
New York Federal Court Orders New York Financial Advisor Wayne P. Weddington III and His Companies to Pay More than $1 Million
August 6th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Colleen McMahon of the U.S. District Court for the Southern District of New York entered a Consent Order of permanent injunction against Defendants Wayne P. Weddington III of New York, New ...
No IMF decision on Greek bailout until autumn, Swedish representative tells paper
August 6th, 2015
There is strong support at the IMF for joining a new bailout package for Greece but the fund will not decide whether to participate until autumn, Sweden’s representative to its executive board told a newspaper. The International Monetary Fund ...
Dukascopy Bank acquires 100% of Alpari Japan K.K. and enters the Japanese market
August 6th, 2015
Dukascopy Bank has issued a press release to announce that the company confirms closing of taking over the Japanese Type-1 licensed broker Alpari Japan K.K. Alpari Japan K.K. will be renamed Dukascopy Japan K.K. shortly and will offer forex trading ...
8 Financial Experts That Are Warning That A Great Financial Crisis Is Imminent
August 5th, 2015
Will there be a financial collapse in the United States before the end of 2015? An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis. Of course ...
