Law Firms’ Accounts Pose Money-Laundering Risk
December 27th, 2016
Law Firms’ Accounts Pose Money-Laundering Risk Hundreds of millions of dollars allegedly siphoned from Malaysian state fund 1MDB passed through firms’ pooled accounts in U.S., prosecutors say Tens of billions of dollars every year move through opaque law-firm bank ...
SFC issues further guidance on suitability obligations
December 27th, 2016
The Securities and Futures Commission (SFC) today issued further guidance in the form of two circulars on the existing suitability obligations (Note 1) of licensed or registered persons when recommending or soliciting investments. One circular (Frequently Asked Questions (FAQs) ...
BILLING/ CUSTOMER SUPPORT OFFICER
December 23rd, 2016
HIRING: New Billing/ Customer Support Officers: Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading ...
CUSTOMER SUPPORT OFFICERS
December 23rd, 2016
New Customer Support Officers: ITALIAN, FRENCH, POLISH, HUNGARIAN, CZECH, DANISH, ARABIC, SPANISH, PORTUGUESE, GERMAN SPEAKERS: Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and ...
Deutsche Bank Reaches $7.2 Billion Settlement Over Toxic Securities
December 23rd, 2016
The Obama administration scrambled to resolve its remaining crisis-era megabank mortgage cases, striking a $7.2 billion settlement Thursday with Deutsche Bank AG over toxic securities while separately filing a lawsuit against Barclays PLC alleging more than $30 billion in ...
Washington proposes $7bn fine on Credit Suisse in mortgage claims
December 21st, 2016
The US Department of Justice (DOJ) has asked Credit Suisse to pay a $5 billion-$7 billion penalty over its sale of toxic mortgage securities in the wake of the 2008 financial crisis, Reuters reported. The Swiss bank has reportedly ...
World-first listing on CISE for global bitcoin fund
December 21st, 2016
Global Advisors Investment Fund plc (GABI) has today been admitted to the Official List of the Channel Islands Securities Exchange (CISE) to become the first regulated bitcoin fund to be listed on any exchange globally. The CISE has approved ...
Banking Giants Set to Invest in R3-Rival & Blockchain Startup Axoni
December 20th, 2016
US banking giants Goldman Sachs and JPMorgan Chase are leading a number of other financial institutions to invest in blockchain startup Axoni, a report has revealed. According to Reuters, the banks are looking to invest between $15 to $20 million in ...
IMF head Christine Lagarde found guilty in French negligence court case
December 20th, 2016
IMF head was French finance minister in 2008 when billionaire was given $425M payout The high-flying career of Christine Lagarde, the head of the International Monetary Fund, hung in the balance Monday after a special French court convicted her ...
ICAP Energy appoints Director of European Agricultural and Soft Commodities
December 19th, 2016
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has appointed Kieran Walsh as Director of European Agricultural and Soft Commodities to launch and manage a new ...
