Search Results for: Citi
BofA Investors Say Settlement Reached in Forex Class Action
April 17th, 2015
Bank of America Corp. investors say they’ve settled a lawsuit accusing the company of rigging prices in the foreign-exchange market. The investors, several pension and hedge funds, didn’t reveal how much the bank would pay in a statement Thursday ...
Baker & McKenzie and FenXun Partners receive the first approval for a Joint Operation in the China (Shanghai) Free Trade Zone
April 17th, 2015
The Joint Operation provides clients of both firms with an unprecedented platform to serve their international and PRC legal needs Baker & McKenzie and FenXun Partners today became the first international and PRC law firms to enter into a ...
CurrencyFair, World’s Leading Person-To-Person Currency Exchange Marketplace, Raises €10 Million
April 17th, 2015
The dominant person-to-person currency transfer platform operating in the £2k plus marketplace, secures €10 million round investment led by Octopus Investments. CurrencyFair has today announced it has raised a €10 million funding round, led by Octopus Investments. CurrencyFair was the first ...
Fed Is Expected to Shift on Municipal Bonds
April 17th, 2015
In a change of heart, the Federal Reserve will allow big U.S. banks to use some municipal bonds to meet new rules aimed at ensuring they have enough cash during a financial-market meltdown, according to people familiar with the ...
EU’s Energy Chief on the Hunt for Non-Russian Gas
April 15th, 2015
EU officials are holding talks with a range of non-Russian suppliers and one day could buy gas from Iran, Europe’s climate and energy chief has said, setting aside a Gazprom warning that Europe should not block its gas strategy. Russia’s Gazprom on Monday said blocking its ...
Nokia Agrees to $16.6 Billion Takeover of Alcatel-Lucent
April 15th, 2015
The Finnish telecommunications company Nokia said Wednesday that it had agreed to an all-share takeover of Alcatel-Lucent that valued its French rival at 15.6 billion euros, or about $16.6 billion. The combined company is expected to become the world’s second-largest telecom equipment manufacturer ...
Greece confident of reaching agreement in make-or-break 24 April deadline
April 15th, 2015
Eurozone finance ministers to pass judgment next week on reform-for-cash deal that would unlock €7.2bn (£5.2bn) of financial assistance Greece has vigorously rebutted speculation that it will declare a debt default and plunge out of the eurozone if it fails ...
Top 12 Media Myths on oil prices
April 13th, 2015
The upstream oil and gas industry is not a black hole. There’s no mystery wrapped in an enigma here. There are a lot of meetings with engineers, chemists and geologists. There’s a constantly evolving learning curve. And then there’s ...
Chantrey VellaCott & Moore Stephens to merge
April 10th, 2015
Together they have be providing accountancy services for over 330 years – now Chantrey VellaCott and Moore Stephenswill have announced they will become one firm. The combined partnership will use the Moore Stephens name and brand. The combined partnership ...
ACCA-X: New online learning venture lunched by ACCA
April 8th, 2015
ACCA-X, edX and Epigeum collaborate to open-up access to the accountancy profession Details of a series of digital, high quality and open access courses are announced today by global accountancy body ACCA (the Association of Chartered Certified Accountants) with ...