Search Results for: FED
CFTC: Banc de Binary Ltd and ET Binary Options Ltd are among Binary Options Firms ordered to pay $9 Million penalty
March 10th, 2016
Federal Court Orders Banc de Binary Ltd., ET Binary Options Ltd., BO Systems Ltd., BDB Services Ltd., and Oren Shabat Laurent to Pay More than $9 Million in Restitution and a Civil Monetary Penalty for Violating the CFTC’s Ban ...
Saudi Arabia to hold out bond mandate prospect to banks
March 8th, 2016
Banks were briefed that the largest lenders on the loan, which may be as much as $10 billion, will also probably be appointed to arrange the bond Dubai: Saudi Arabia is holding out the prospect of a role in ...
SEC Charges Rhode Island Agency and Wells Fargo With Fraud in 38 Studios Bond Offering
March 8th, 2016
The Securities and Exchange Commission today charged a Rhode Island agency and its bond underwriter Wells Fargo Securities with defrauding investors in a municipal bond offering to finance startup video game company 38 Studios. The Rhode Island Economic Development ...
Ex-Goldman Banker to Malaysia Fund Subpoenaed in U.S. Probe
March 8th, 2016
Prosecutors seeking information about state investment fund Outside law firm said helping Goldman review 1MDB dealings A former Goldman Sachs Group Inc. banker has become entangled in a sprawling investigation of the Malaysian state investment fund as U.S. authorities ...
Brokers and Big Oil Fight Obama Rush to Make Rules by May Cutoff
March 8th, 2016
Rules imposed on or after May 17 have higher risk of repeal Mandates touch on investment advice and workplace safety The Obama administration is in a mad rush to draft regulations before the clock runs out and an obscure ...
Gold price forecast revised. What a ABN Amro analysis suggest?
March 7th, 2016
Gold to average $1,200 through 2016 Analysts revise price forecast as gold posts stellar performance in the first two months of the year Gold, which has staged a stellar performance this year – climbing about 19 per cent in ...
Swiss National Bank published the Annual results for 2015
March 7th, 2016
The Swiss National Bank (SNB) is reporting a loss of CHF 23.3 billion for the year 2015 (2014: profit of CHF 38.3 billion). The loss on foreign currency positions amounted to CHF 19.9 billion. A valuation loss of CHF ...
Yuan Breaks Four-Day Advance as Leaders Shy Away From Specifics
March 7th, 2016
Traders ignore PBOC fixing set at highest in two months Nation to orderly realize convertibility by 2020: plan The yuan snapped a four-day run of gains as China’s leaders refrained from announcing specific support measures at their biggest gathering ...
Asian shares hit two-month high after solid U.S. job growth
March 7th, 2016
Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data, a rebound in oil and commodity prices and a flurry of reassurances from Chinese leaders that the economy would remain on ...
Bank of NY Mellon must face lawsuit over $1.12 billion mortgage loss
March 4th, 2016
Bank of New York Mellon Corp (BK.N) must face a lawsuit seeking to hold it liable for causing $1.12 billion (£790.7 million) of investor losses by failing to properly monitor five trusts backed by toxic residential mortgages, a Manhattan ...
