John Rubino
March 26th, 2015
John Rubino John Rubino runs the popular financial website DollarCollapse.com. He is co-author, with GoldMoney’s James Turk, of The Money Bubble (DollarCollapse Press, 2014) and The Collapse of the Dollar and How to Profit From It (Doubleday, 2007), ...
FCA warning against clone firm
March 26th, 2015
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: Clone ...
FCA warning against unauthorised firms
March 26th, 2015
FCA has issued a press release to warn investors against dealing with unauthorised firms. According to FCA, the below firms are not authorised by FCA but has been targeting people in the UK: GMT Markets Limited and BlackBird Clear ...
Quantitative easing: what is it and what does the ECB want to achieve with it?
March 24th, 2015
The European Central Bank (ECB) started at the beginning of the month with its controversial quantative easing programme, buying government bonds with the goal of lowering interest rates, increasing inflation and kick-starting economic growth. ECB president Mario Draghi meets ...
Basel Committee and IOSCO revised implementation date for non-cleared derivatives margin rules
March 23rd, 2015
The International Swaps and Derivatives Association, Inc. (ISDA) published the following statement: The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) released revisions to the framework for margin requirements for non-centrally cleared derivatives. [The ...
Federal Reserve System publishes annual financial statements
March 23rd, 2015
The Federal Reserve System on Friday released the 2014 combined annual financial statements for the Federal Reserve Banks, as well as statements for the 12 individual Federal Reserve Banks, Maiden Lane LLC, and the Board of Governors. These ...
Noble Group Ltd Sues Former Credit Analyst After Iceberg Reports
March 23rd, 2015
Noble Group Ltd., Asia’s largest commodity trader by revenue, sued a credit analyst it says it fired in 2013 for conspiracy to injure the company by anonymously spreading false and misleading information this year. Arnaud Vagner and a Seychelles ...
BaFin imposes fine on BlackRock Investment Management (UK) Ltd
March 20th, 2015
The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has imposed a fine of EUR 3.25m on BlackRock Investment Management (UK) Ltd. This constitutes the largest fine that BaFin has ever imposed. BlackRock has announced that it will accept the fine. BlackRock group companies had ...
FCA warning against unauthorised firm
March 19th, 2015
FCA warning: We believe this firm has been providing financial services or products in the UK without our authorisation. Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised ...
CySec warning about a Cyprus Investment Firm
March 19th, 2015
The Cyprus Securities and Exchange Commission (CySec) wishes to inform the investors about the company ‘P.M. Investment Capital Ltd’ (‘P.M.’): P.M. is authorised (no. 243/14) by CySEC to provide investment services in relation to financial instruments but is not allowed, ...
