Search Results for: Vest Financial
Broadridge Invests In and Enters Into an Alliance with LiquidX, Inc.
March 24th, 2016
Broadridge Financial Solutions, Inc.(NYSE:BR) today announced that it has made a strategic investment and entered into a referral, sales and marketing alliance with LiquidX, Inc. (LiquidX), the provider of an electronic exchange platform for global trade finance. Founded by ...
British and Australian financial regulators sign agreement to support innovative businesses
March 23rd, 2016
Under a new world-first agreement, innovative fintech companies in Australia and the United Kingdom will have more support from financial regulators as they attempt to enter the others’ market. As a result of the agreement signed today, the UK’s Financial ...
Italian police open money laundering investigation of broker linked to HSBC
March 23rd, 2016
An Italian financial broker who worked on behalf of HSBC in the Swiss town of Lugano is under investigation for possible money laundering in a probe linked to a wider tax evasion case, an Italian finance police colonel told ...
Citigroup says being investigated in Germany over dividend trades
March 23rd, 2016
Citigroup (C.N) is being investigated by German tax authorities over an equity trading strategy known as “cum-ex” or “dividend stripping,” the U.S. bank said on Tuesday. Dividend stripping involves buying a stock just before its dividend rights expire, then ...
ASX chief Elmer Funke Kupper quits in face of investigation
March 22nd, 2016
The head of the Australian Securities Exchange, Elmer Funke Kupper, has quit his $3.5 million a year job over allegations that he knew of a $200,000 payment to the family of Cambodian strongman prime minister Hun Sen. The $200,000 payment was made when Mr Funke Kupper was ...
Investors trust the media more than robo-advice, survey finds
March 21st, 2016
More investors trust the media on investment than robo-advice services despite the rising numbers of start-ups and established companies entering the online space, according to Legg Mason’s 2016 Global Investment Study. The survey was completed by 5,370 high-net worth ...
Why Investing In Silver Is Vastly Superior To Investing In Gold Right Now
March 21st, 2016
When panic and fear dominate financial markets, gold and silver both tend to rapidly rise in price. We witnessed this during the last financial crisis, and it is starting to happen again. Because I am the publisher of a ...
Toshiba confirms SEC investigation as accounting woes spread to US
March 18th, 2016
Securities commission and justice department examining ‘accounting problem’ at US units, says Japanese corporation, amid profit-padding crisis Toshiba has announced its US businesses are cooperating with authorities over alleged accounting irregularities and is to cut a further 3,000 jobs. The ...
FINRA Reports on Effective Practices for Digital Investment Advice
March 17th, 2016
Financial services firms’ offerings of digital investment advice need sound governance and supervision, including effective means of overseeing suitability of recommendations, conflicts of interest, customer risk profiles and portfolio rebalancing, according to a new report from the Financial Industry Regulatory Authority ...
RBS to cut almost 450 investment banking jobs in UK
March 16th, 2016
Bank announces layoffs, adding that two-thirds of lost roles will move offshore to its operation in India Royal Bank of Scotland is cutting 448 investment banking jobs in the UK, moving two-thirds of them to India. The bank, 73% of ...
