Search Results for: Shares
Hellenic Bank in Cyprus announced share capital increase
January 29th, 2015
With an announcement, Hellenic Bank informs that: The Bank has successfully completed the share capital increase that commenced in November 2014, raising Euro 204 million and covering 92% of the target set in an adverse and challenging economic environment. ...
Fraud accusations held for Alibaba IPO made public in regulator’s report
January 29th, 2015
A white paper from the State Administration for Industry and Commerce published Wednesday alleged that Alibaba Group‘s (BABA.NYSE) Taobao Marketplace sold counterfeit goods and allowed stores to be run without business licenses, among other accusations, South China Morning Post reported. The firm’s ...
Standard Chartered CEO Is Under Pressure From Shareholders, Regulators, Staff
January 29th, 2015
Bank’s Top Shareholders Privately Push for New Leadership Amid Investor, Regulatory Anxiety Hundreds of Standard Chartered PLC’s most senior executives gathered earlier this month on Singapore’s Sentosa island to address the global bank’s dimming fortunes. From a lectern at ...
$11 Billion Wiped From Greek Banks on Nationalization Threat
January 29th, 2015
The amount that investors gave Greek lenders last year was wiped off in three days of trading amid the threat of greater government control. In a bid to boost balance sheets, the nation’s banks raised more than $11.5 billion ...
Latham & Watkins published on various legal developments in the field of securities law in France
January 28th, 2015
Securities Law in France: 9 Recent Legal Developments In the last six months, various legal developments have taken place in the field of securities law in France. 1. The Law of 29 March 2014 introduced certain legal and regulatory provisions ...
SEC Charges Oppenheimer
January 28th, 2015
The Securities and Exchange Commission today charged Oppenheimer & Co. with violating federal securities laws while improperly selling penny stocks in unregistered offerings on behalf of customers. Oppenheimer agreed to admit wrongdoing and pay $10 million to settle the ...
LCG group announces Director Shareholding and “JSOP” Allocations
January 27th, 2015
The Company announces that on 23 January 2015, 10,435,000 ordinary shares in London Capital Group (“JSOP Shares”) were issued to senior employees as JSOP awards and are held jointly between the Company’s employee benefit trust (“EBT”) and each employee. ...
Microsoft sales soar for all its non-Windows products
January 27th, 2015
Microsoft sales are growing for just about every product it makes … except for Windows. A couple years ago, that would have caused a panic — Windows has been Microsoft’s cash cow since 1985. In 2015, Microsoft (MSFT, Tech30) isn’t sweating it too ...
Europe Stocks Near Seven-Year High on ECB Stimulus After Greece
January 26th, 2015
European stocks traded near a seven-year high amid optimism about central-bank stimulus, while Greek shares dropped as opposition party Syriza won an election. The Stoxx Europe 600 Index slipped less than 0.1 percent to 370.20 at 2:50 p.m. in ...
The second stage in the washing cycle – Layering (Video)
January 26th, 2015
Layering Layering is the process of separating the proceeds of criminal activity from their origin through the use of many different techniques to layer the funds. These include using multiple banks and accounts, having professionals act as intermediaries and ...
