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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 ...
Gold prices rose on Wednesday
December 28th, 2016
Gold prices rose on Wednesday, extending gains after it hit a near two-week high in the previous session, on a technically-driven rebound in thin volume amid a slightly weaker dollar. Spot gold was up half a percent at $1,143.98 ...
Deloitte now focuses on blockchain technology and the Internet of Things (IoT)
October 19th, 2016
Deloitte Catalyst accelerates digital transformation by bringing together critical assets and capabilities from the domains of cognitive technologies, Internet of Things and blockchain and includes as initial members Narrative Science, Kira Systems, Ayasdi and Loyyal, among others. Deloitte Catalyst has enabled Deloitte to launch ...
Date set for FIFA corruption probe Trial
September 21st, 2016
Several defendants charged in a wide-ranging corruption case involving soccer’s global governing body FIFA are in talks with U.S. officials about possibly pleading guilty, a U.S. prosecutor said on Monday. Assistant U.S. Attorney Evan Norris spoke at a hearing ...
World leaders ousted for legal reasons
September 1st, 2016
Brazil’s Dilma Rousseff became the latest political leader ousted for legal reasons after the Senate voted for her impeachment Wednesday. Rousseff joins a gallery of former leaders forced to stand down either through formal impeachment proceedings or forced to ...
European stocks move higher as focus shifts to Wall St; Oil firms slide
August 11th, 2016
European stocks moved higher in midday trade Thursday as investors shifted their attention to Wall Street, where stocks looked set to open up ahead of the release of another series of earnings and new jobs data. The pan-European STOXX 600 was ...
3 ex-bankers jailed over Ireland’s biggest accounting fraud
August 1st, 2016
Three former senior bankers were sent to prison Friday for their roles in concealing the loss of billions in deposits at the defunct Anglo Irish Bank, the biggest accounting fraud in Irish corporate history. Judge Martin Nolan told the ...
Tullett Prebon’s tpMESSENGER service selects CME Pivot Instant Messaging Platform
July 26th, 2016
Tullett Prebon, one of the world’s leading interdealer brokers, today announced its tpMESSENGER service has selected CME Group’s CME Pivot Instant Messaging platform to power its solution and support open communication for commodities and financial markets. tpMESSENGER will provide ...
Precious Metals Slide on Stronger Dollar Before Fed as Yen Drops
July 25th, 2016
Ringgit falls sixth day to lead Asian currency declines Turkish stocks climb after steepest weekly drop since 2008 The dollar’s strength weighed on precious metals as investors looked toward central bank meetings this week in the U.S. and Japan. European ...
Brexit is getting the blame
June 17th, 2016
Brexit is not the most important problem facing markets, it is mounting problems in the European banks. But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before ...