Search Results for: CIF
BNP Sued Over $650 Million `Wet Ink’ Error in Al-Sanea Deal
November 3rd, 2015
Golden Belt Sukuk sues French lender in $650 million lawsuit Saudi tycoon’s Saad Group defaulted on the deal in 2009 BNP Paribas SA is being sued by the trustee of a $650 million Islamic finance transaction who said the ...
VW emissions scandal: Porsche and luxury Audi and VW models have cheat device says US EPA
November 3rd, 2015
Volkswagen has found itself embroiled in a widening emissions scandal after the US Environmental Protection Agency accused the company of using illegal software in certain six-cylinder diesel engines that drags Porsche and luxury Audi and VW models into the ...
Asian Stocks Track S&P 500 Gains; Aussie Rises as RBA Stays Put
November 3rd, 2015
Stocks rise from Sydney to Seoul as holiday closes Tokyo S&P 500 topped 2,100, back to pre-yuan devaluation levels Asian stocks climbed after signs of stabilization in global manufacturing activity helped drive the Standard & Poor’s 500 Index to ...
Visa Inc. to Acquire Visa Europe
November 2nd, 2015
Further to the released published today: Visa To Keep UK Presence After BoE Steps In, the company has just announced a definitive agreement for Visa Inc. to acquire Visa Europe. Strategic Acquisition to Create One Global Company That Further Extends Visa’s ...
Trading Indices: Matters Arising
November 2nd, 2015
Indices are a measure of the performance of a certain set of listed stocks in a stock exchange. In a previous article, we had classified indices and described what they represent. In this piece, we shall consider a ...
Bitcoin blunders its way to an ASX listing
November 2nd, 2015
ASX hopeful Bitcoin Group has delayed its listing after running into trouble with the corporate watchdog over claims Prime Minister Malcolm Turnbull is a shareholder and “misstatements” about the company’s profitability. Bitcoin, which counts former St Kilda president and former NewSat director ...
NYDFS Announces Goldman Sachs to Pay $50 Million
October 30th, 2015
NYDFS Announces Goldman Sachs to Pay $50 Million; Accept Three-Year Regulatory Consulting Abstention; Admit Failure to Supervise For Banking Law Violations Goldman Sachs Employee Schemed to Steal Confidential Regulatory Information, and Improperly Shared that Information with Other Goldman Employees ...
Report on Financial Structures details structural changes in the euro area financial sector
October 30th, 2015
New ECB report covers banks as well as other financial intermediaries Banks, insurance companies and pension funds in largest euro area economies exposed primarily domestically Consolidation and rationalisation in the banking sector continued in 2014, and the median Tier ...
Asian shares mixed on BOJ decision, China’s child policy change
October 30th, 2015
Asian shares mostly regained their footing on Friday, following the Bank of Japan’s (BOJ) decision to stand pat on its monetary policy and as China‘s scrapping of its one-child policy bolstered dairy and baby products makers. Major U.S. averages finished lower overnight, ...
Fidelity Brokerage Services accused of allowing unregistered advisers to make trades through its broker-dealer platform
October 27th, 2015
Fidelity charged by Massachusetts with dishonest and unethical behavior Fidelity Brokerage Services was charged in an administrative complaint Monday with dishonest and unethical behavior by the commonwealth of Massachusetts for allowing unregistered investment advisers to make trades through the ...
