UBS signs whistleblower deal with Brazil to avoid punishments in Forex rigging case
July 7th, 2015
Swiss bank UBS has signed a leniency agreement with Brazilian authorities to avoid punishment in the alleged rigging of the country’s currency market. Local newspaper Valor Econômico reported that UBS signed an agreement with Brazil’s antitrust watchdog, the Council ...
Nasdaq, Deutsche Börse and 7 other Exchanges around the world report trading statistics for June 2015
July 3rd, 2015
Nasdaq, Deutsche Börse, SIX, Eurex and another 7 exchanges have issued press releases to inform for the Trading statistics and Volumes for the Month June 2015. Nasdaq: Nasdaq publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below ...
Citigroup, HSBC Among Banks Named in Brazil Currency Probe
July 3rd, 2015
Citigroup Inc., Morgan Stanley, HSBC Holdings Plc and 12 other banks are being investigated for currency manipulation by Brazil’s antitrust agency after similar probes in the U.S. and Europe led to penalties of more than $10 billion. Cade, as ...
Barclays brokers sniff at Stifel, jump to Merrill
July 1st, 2015
BofA has added 15 ex-Barclays advisers in the past month and recently picked up a $750 million team in Texas Fifteen advisers, including most recently a team in Texas managing $750 million in assets, have fled Barclays Plc U.S. ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Banks’ Civil Forex Settlements Near $2 Billion
June 18th, 2015
Barclays, BNP Paribas, Goldman Sachs and HSBC recently signed agreements to settle case The total amount paid by banks to settle a civil lawsuit tied to allegations traders manipulated the currency market has now reached almost $2 billion following ...
Noble Group Denies Repos Use, Slams Iceberg as Not Credible
June 17th, 2015
Asia’s largest commodity trader Noble Group Ltd. took on its critics today with an open letter defending its accounting methods and valuations of a coal asset. Noble has seen its shares drop more than 40 percent since a group ...
Justice Department Readies New Bank Settlements
June 5th, 2015
Federal and state officials are preparing the next round of billion-dollar mortgage settlements involving U.S. and European banks Up to nine banks are in line for the next round of billion-dollar payments related to soured mortgages as federal and ...
World Stock Exchanges announce trading volumes for May 2015
June 3rd, 2015
Moscow Exchange Moscow Exchange announces trading volumes for May 2015. The Derivatives Market and FX Market posted the strongest growth, with volumes increasing 33% and 27% YoY, respectively. Secondary market turnover in bonds increased 12%. Equity & Bond Market Secondary market ...
Asian shares turn higher as China rallies, dollar up
May 26th, 2015
Asian shares turned higher on Tuesday, reversing earlier losses on the back of gains in Hong Kong and China, while the dollar extended highs scaled in holiday-thinned trading in the previous session. European shares marked a weak finish in ...
