Search Results for: One Financial Markets
Barclays could face another $100 million fine in FX probe
November 18th, 2015
Barclays Plc (BARC.L) will pay at least another $100 million (65.7 million pounds) in a settlement with the New York financial regulator to resolve allegations that it rigged foreign exchange markets, a person familiar with the matter said. The ...
Rolls-Royce calls in top law firm to deal with fraud investigation
November 17th, 2015
The engine maker’s decision to bring in Slaughter and May underlines seriousness of allegations Rolls-Royce has called in a leading law firm to help it deal with bribery allegations and a Serious Fraud Office (SFO) investigation. Slaughter and May has ...
Barclays, HSBC, Royal Bank of Scotland ‘at risk of further penalties’
November 17th, 2015
Investigations into financial crisis conduct show ‘no signs of abating’, warns Moody’s Major banks have now set aside $219bn (£144bn) to pay fines and legal costs since the financial crisis. Ratings agency Moody’s, which calculated the vast provisions, ranked ...
CFTC charges IB Capital FX and agents for Forex Trading case
November 17th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement Complaint charging Defendants IB Capital FX, LLC (a/k/a IB Capital FX LLP) d/b/a IB Capital (IB Capital), Michel Geurkink, and Emad Echadi, individually and as the agents of IB Capital, with soliciting and accepting ...
Intercontinental Exchange to acquire Trayport from BGC Partners and GFI for $650 million in stock
November 17th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that it has entered into a definitive agreement to acquire Trayport for $650 million in ICE common stock. Trayport is a subsidiary of GFI Group, which ...
U.S. Stocks Rally, Led by Energy Sector
November 17th, 2015
Traditional haven investments such as gold and government bonds tick higher Markets broadly shook off concerns stemming from the deadly terror attacks in Paris, even as oil prices rose on the prospect of greater violence in the Middle East. ...
JPX and Taiwan Futures Exchange initiate the product cooperation by listing TOPIX futures in Taiwan
November 16th, 2015
Japan Exchange Group, Inc. (JPX) and Taiwan Futures Exchange (TAIFEX) today announce their cooperation plan to introduce TOPIX futures based on the leading stock index of JPX to Taiwan investors. The TOPIX futures denominated in New Taiwan Dollar (TWD) ...
Saudi Arabia Preparing To Fuel Its $100 Billion Oil War With Debt
November 16th, 2015
Saudi Arabia has probably spent around $100 billion of its foreign reserves by now to prosecute its war against American shale and other low-cost oil producers. The oil kingdom’s decision one year ago not to cut production to support ...
Credit Suisse plans trading floor for Dublin
November 16th, 2015
Swiss bank wants to move 40 traders and 60 support staff to Ireland as part of a cost-cutting drive Credit Suisse is on course to become the first international bank to set up a major trading floor in Dublin. The ...
Formax removes false statements about the suspension of its subsidiary’s licence
November 16th, 2015
Following concerns raised by ASIC, Formax International Market Limited (Formax) has removed a previously published media release from its group website that falsely claimed its wholly owned subsidiary, Australian Capital Markets Advisory Services Pty Ltd ACN 150 530 331 ...
