Search Results for: Citi
Former CBOE Member to pay $21.8 Million in a Ponzi Scheme
December 1st, 2016
CFTC Obtains $21.8 Million Default Judgment against Former CBOE Member Alvin Guy Wilkinson and his Connecticut-based Firms for Misappropriation of Customer Funds and Fraudulent Solicitation in Ponzi Scheme The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Virginia ...
Latest on FIFA fraud case: Swiss prosecutors add former FIFA Secretary General to corruption probe
December 1st, 2016
Former FIFA executive Linsi added to corruption probe Swiss prosecutors have added former FIFA Secretary General, Urs Linsi, to their criminal investigation into alleged corruption surrounding the 2006 World Cup in Germany. Investigators searched the Swiss citizen’s home on ...
OPEC reportedly reaches agreement to cut oil production
November 30th, 2016
OPEC has reached a deal amongst all 14 member countries to curtail oil production for the first time since 2008, according to several media reports. Multiple media reports, citing unmanned sources which cannot be verified by CNBC, said member ...
International law firm merges with US firm
November 30th, 2016
On 3 January 2017 international law firm Holman Fenwick Willan (HFW) will be merging with leading US energy and marine firm Legge, Farrow, Kimmitt, McGrath & Brown LLP, based in Houston, Texas. The merger is a major strategic development ...
Intercontinental Exchange announces appointment of Lee Yi Shyan as chairman of ICE Futures Singapore and ICE Clear Singapore
November 29th, 2016
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced the appointment of Lee Yi Shyan as Chairman of ICE Futures Singapore (IFSG) and ICE Clear Singapore (ICSG) effective ...
6 key trends that will shape the UAE real estate industry
November 28th, 2016
Propertyfinder Group’s inaugural UAE Real Estate Trends report shows a continued undersupply of affordable villas in Dubai is pushing up prices in this segment, enabling it to outperform a broadly lackluster market that remains pressured by low oil prices ...
Samsung Electronics to consider split
November 28th, 2016
South Korea’s Samsung Electronics Co Ltd (005930.KS) will consider splitting itself into two as proposed by U.S. activist hedge fund Elliott Management, Seoul Economic Daily reported on Monday citing an unnamed source. A split would allow the heirs of ...
Countries adopt multilateral convention to close tax treaty loopholes
November 28th, 2016
More than 100 jurisdictions have concluded negotiations on a multilateral instrument that will swiftly implement a series of tax treaty measures to update international tax rules and lessen the opportunity for tax avoidance by multinational enterprises. The new instrument ...
The economic consequences of Mr Modi
November 26th, 2016
Two weeks ago, India’s Prime Minister Narendra Modi demonetised an estimated 86% of rupees in circulation, offering conversion into a bank account or into smaller currency notes until 31 December, after which these notes will have no redemption value. ...
German Finance Ministry Publishes Report on Fintech: Very High Growth in Recent Years
November 24th, 2016
The German Federal Ministry of Finance or Bundesministerium der Finanzen, has published a report on the emerging Fintech sector. The document, authored by Prof. Dr. Gregor Dorfleitner and Jun.-Prof. Dr. Lars Hornuf (with the assistance of Matthias Schmitt & Martina ...
