Search Results for: warning
William Hill profits hit by ‘customer friendly’ results
January 9th, 2017
UK bookmaker William Hill has said profits will be at the low end of forecasts following “unfavourable” football and horseracing results. William Hill said it had been hit by “customer friendly” results at the back end of last year, ...
FCA warns for a clone of Gain Capital UK
January 9th, 2017
The Financial Conduct Authority (FCA) has issued a warning to inform investors and public that fraudsters are using the details of firms the FCA authorises to try to convince people that they work for a genuine, authorised firm. According ...
AMF warns about proposals to invest in diamonds
January 9th, 2017
The AMF is warning the public about proposals to invest in diamonds. Seemingly highly attractive, and often presented as a safe investment, these proposals make glowing promises of exceptional and even unrealistic returns. The AMF is calling on individual ...
FxPro shelves its IPO as FCA crackdown looms
January 5th, 2017
Currency trading firm FxPro shelves float as FCA crackdown looms The online trading platform has shelved its IPO indefinitely amid FCA plans to curb spread-betting risks, Sky News learns. One of the biggest privately owned currency trading brokers operating ...
U.S. Stocks Halt 3-Day Drop as Dollar, Gold Climb: Markets Wrap
January 4th, 2017
Crude slides from 18-month high amid doubts on OPEC cuts Warnings, optimistic calls vie for investor attention U.S. stocks rose with the dollar as economic data bolstered confidence that the American economy is poised to accelerate. Gold rose and ...
Solicitors fined and suspended over role in investment scheme
December 28th, 2016
Three solicitors who became embroiled in a investment scheme in which there was a ‘significant risk of conflict’ have been suspended and ordered to pay more than £60,000 in costs. Michael John Davies, Clare Louise Taman and Charles Valentine Fraser-Macnamara ...
Toshiba may book loss of several hundreds of billion yen; stock tumbles 12 percent
December 27th, 2016
Toshiba Corp (6502.T) said it may book a goodwill impairment loss of several hundreds of billion yen on a U.S. nuclear power acquisition – a shock warning that sent it stock tumbling 12 percent and rekindled concerns about its ...
Deutsche Bank Reaches $7.2 Billion Settlement Over Toxic Securities
December 23rd, 2016
The Obama administration scrambled to resolve its remaining crisis-era megabank mortgage cases, striking a $7.2 billion settlement Thursday with Deutsche Bank AG over toxic securities while separately filing a lawsuit against Barclays PLC alleging more than $30 billion in ...
How Deloitte squeezes millions out of UK Government
December 22nd, 2016
They say a week is a long time in politics – in which case six months locked out of Whitehall could seem like an eternity. That will certainly be the case for Deloitte, the accountancy giant which is used ...
Lloyds Banking Group paying £1.9bn for MBNA credit card business
December 20th, 2016
Lloyds Banking Group has beaten other bidders to buy MBNA, one of the UK’s biggest credit card issuers, for £1.9bn. The sale, by Bank of America, had attracted interest from the likes of Santander UK and HSBC but the ...
