Search Results for: ATM
CySec imposes administrative fine of €100.000
November 3rd, 2014
The Cyprus Securities and Exchange Commission (SEC) has issued an announcement to inform investors that, in its meeting held on October 20, 2014, decided to impose a total administrative fine of € 100.000 to Hellenic Bank Public Company Limited ...
Pimco manager returns after Bill Gross’s departure
October 30th, 2014
Nothing crystallised the controversy over Bill Gross’s management style at Pimco so much as the suggestion that one underling was so unhappy he quit to sell croques monsieur from a food truck. But with the departure of Mr Gross ...
FCA fines Yorkshire Building Society £4,135,600
October 29th, 2014
Financial Conduct Authority (FCA) has fined Yorkshire Building Society (YBS) with the amount of £4,135,600 for failings when dealing with its mortgage customers experiencing payment difficulties. Between 1 October 2011 and 31 July 2012, call handlers at YBS, dealing with ...
BGC Partners announces ICAP’s Phil Cramp as Head of Credit
October 29th, 2014
BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company servicing the financial and real estate markets, today announced the appointment of Phil Cramp as Head of Credit, Repo and EGBs in London. Mr. Cramp succeeds Rob Kitchin who ...
SEC investigates CMS employees in insider-trading case
October 29th, 2014
The U.S. Securities and Exchange Commission is investigating whether employees at the Centers for Medicare and Medicaid Services (CMS) leaked information to traders, the Wall Street Journal reported, citing people familiar with the investigation. Authorities have interviewed nearly a ...
European Court Rules Against Italy’s Gambling Tax Rules
October 29th, 2014
The European Court of Justice has ruled against Italian gambling tax legislation, which taxes winnings from games of chance that are obtained in other EU member states but exempts such winnings obtained in Italy. The Court said that by ...
12 retail chains that are closing stores
October 24th, 2014
Sears isn’t alone among retailers to rapidly closing stores Sears stores continue to be even more of an endangered species as the retailer closes more locations. And Sears isn’t alone. There are 12 retailers in the very broad Russell ...
U.S. Court hears arguments on sex discrimination at Goldman Sachs
October 23rd, 2014
Goldman Sachs Group on Wednesday attacked expert evidence offered by attorneys for former female employees in a U.S. federal sex discrimination lawsuit, arguing there was no pattern of gender-based pay and promotion disparities at the bank. In the first ...
Tax Tactics Threaten Public Funds
October 2nd, 2014
When the European Commission charged this week that Ireland’s sweetheart tax treatment of Apple amounted to an illegal corporate subsidy, the company said that it had done nothing wrong. Corporate tax strategies intended to minimize global taxes, by hook ...
Standard Chartered suspends certain Hong Kong operations
September 29th, 2014
Standard Chartered Plc (STAN.L) has suspended some of its Hong Kong banking operations, including over-the-counter services and check deposits, until further notice due to “situations in certain areas”, the Asia-focused lender said on Monday. Standard Chartered has activated contingency ...
