Search Results for: compliance
HSBC hopes to leapfrog rivals with new China partnership
November 10th, 2015
HSBC to use JV to tap China’s onshore bond market Foreign rivals on restrictive licences have made little inroad HSBC will have full control of JV and broader licence Risk of rising defaults in slowing Chinese economy HSBC is ...
Big four accountants ‘quietly’ threatening mid-tier law firms
November 9th, 2015
The resurgence of mid-tier law firms is about to come under pressure from ‘intense competition’ from the big accountancy firms entering the legal market. A report published today by the Royal Bank of Scotland says mid-market law firms had ...
CFTC Releases Annual Enforcement Results for Fiscal Year 2015
November 9th, 2015
Agency Filed 69 Enforcement Cases and Achieved a Record $3.14 Billion in Civil Monetary Penalties Ordered The U.S. Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 ...
French Regulator Considers Fining Virtu Financial for 2009 Trading
November 6th, 2015
Autorité des Marchés Financiers previously accused Virtu’s Madison Tyler Holdings of violations A French regulator is considering a multimillion euro fine for Virtu Financial Inc. as it weighs a penalty for trading that took place in 2009. France’s Autorité des Marchés Financiers ...
KPMG Acquires Technology Assets And IP Of G2 FinTech
November 5th, 2015
Tax Analysis and Compliance Software Strengthens Position in Alternative Investment Arena KPMG LLP, the audit, tax and advisory firm, acquired from G2 FinTech (G2), a boutique tax technology firm that specializes in tax analysis and compliance software for the investment ...
US fines Deutsche Bank $258m for working with Iran
November 5th, 2015
German company Deutsche Bank has been fined $285m (£185m) by US regulators for working with US-sanctioned countries Syria and Iran. The bank will pay penalties to the New York State Department of Financial Services and the Federal Reserve. Employees ...
Standard Chartered seeks £3.3bn from shareholders
November 4th, 2015
Bank posts first loss in years, and says it will cut 15,000 jobs and withdraw from riskier lending Standard Chartered is asking shareholders to stump up £3.3bn while axing 15,000 jobs after reporting its first quarterly loss in 15 years. ...
Major Global Banks announced their results for 3Q 2015
November 4th, 2015
HSBC, Credit Suisse, Commerzbank, BNP Paribas and Barclays have issued statements to inform public and investors for their results regarding the 3rd Quarter of 2015. HSBC Holdings plc 3Q 2015 Earnings Release Highlights Reported PBT up 32% in 3Q15 ...
UBS’s third-quarter 2015 results
November 3rd, 2015
UBS 3Q net profit CHF 2.1bn Net profit attributable to shareholders CHF 2.1bn; diluted earnings per share CHF 0.54 Adjusted1 profit before tax CHF 1.0bn Fully applied Swiss SRB Basel III CET1 capital ratio of 14.3% Fully applied Swiss SRB ...
OneMarketData Acquires Tick Data Inc.
November 3rd, 2015
OneMarketData, LLC , the founders of OneTick, a single solution for event stream processing and time series management of historical and real-time tick data, today announced the acquisition of Virginia-based Tick Data Inc., a trusted and leading provider of ...
