Search Results for: Citi
Dollar Extends Weekly Surge on Yellen Commentary as Metals Drop
November 18th, 2016
Japan’s Topix climbing for a seventh day as yen languishes Fed Chair sees hike relatively soon, plans to serve full term The dollar extended its advance after Federal Reserve Chair Janet Yellen signaled an interest-rate hike could be imminent, ...
Deloitte UK says it may move work out of Britain if PM limits immigration
November 17th, 2016
One of the world’s top accountancy firms has told Sky News it may move some of its business out of the UK if the Government’s stance on immigration is too strong. Deloitte’s warning comes after Prime Minister Theresa May ...
Robot lawyer Visabot is available in beta on Facebook Messenger
November 17th, 2016
Visa lawyer bot pledges to ‘help immigrants make America great again’ A bot that helps people complete visa applications to enter the United States has launched in the aftermath of the U.S. presidential election. Available in beta on Facebook Messenger, Visabot helps complete ...
Forex broker fined for more than $35 Million
November 17th, 2016
Federal Court Orders IB Capital FX, LLC, Michel Geurkink, and Emad Echadi to Pay More than $35 Million in Restitution and a Civil Penalty for Soliciting at Least $50 Million from Members of the Public to Trade Forex, without ...
Brexit Triggers Office Oversupply Fears in London
November 16th, 2016
Barclays Plc is planning to reduce 25% of its London office space, a trend that could intensify as companies fret the Brexit blowback. According to sources familiar with the matter, Barclays is planning to sublease its existing offices in ...
Euro zone break-up fears back on the table with Italy expected to reject reforms
November 16th, 2016
The impact of a “no” vote in the upcoming Italian referendum could be far more serious for Europe than Italy, according to analysts, who believe it would form part of the same underlying force as Brexit and the U.S. election victory ...
Broker sentenced in $3 million Ponzi scam
November 16th, 2016
A former Greenville broker accused of stealing from his clients in a long-running Ponzi scam was sentenced Tuesday to two years in a federal penitentiary. Claus C. Foerster, 56, of Spartanburg, defrauded clients of over $3 million while employed as ...
The world’s biggest bitcoin wallet provider will have a record month thanks to Trump
November 14th, 2016
The world’s biggest bitcoin wallet provider will “pretty easily” have its biggest ever month for activity in November, following a surge in use after Donald Trump’s shock election victory in the US. Peter Smith, the cofounder and CEO of ...
Perilous government finances
November 13th, 2016
President-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have the room for manoeuvre to achieve this ambition as well as his intended tax cuts, ...
Attorneys went to court to ask that a civil fraud suit against Trump be delayed
November 12th, 2016
Attorneys for President-elect Donald Trump went to court Thursday to ask that a civil fraud suit against Trump scheduled to begin in less than three weeks be delayed, a reminder of the unusual complications facing Trump as he shifts ...