Search Results for: ELA
UBS Securities pays penalties
June 15th, 2017
UBS Securities pays $280,000 in infringement notice penalties UBS Securities Australia Limited (‘UBS’) has paid penalties totalling $280,000 to comply with two infringement notices given to it by the Markets Disciplinary Panel (‘the MDP’). The first infringement notice ($140,000) ...
Traders review: Yen little changed, Aussie jumped, New Zealand dollar fell
June 15th, 2017
Asian stocks retreated as banks slumped and oil touched the lowest level since November. Bonds rallied amid lingering inflation concerns even after Federal Reserve Chair Janet Yellen suggested weak readings won’t persist. The yen was little changed at 109.60 ...
Bet on a Pound Sterling to Euro Exchange Rate Decline in 2017-2018 say Société Générale
June 14th, 2017
Foreign exchange strategists at Société Générale have confirmed they are expecting further depreciation in the value of Pound Sterling relative to the Euro. The call comes as the French investment bank release their mid-year review of global foreign exchange ...
ESMA issues Risk Dashboard for first Quarter of 2017
June 14th, 2017
The European Securities and Markets Authority (ESMA) has issued today its most recent iteration of its Risk Dashboard, covering risks in the EU’s securities markets for 1Q2017. ESMA’s overall risk assessment remains unchanged from 4Q16 at high levels. In ...
Toshiba facing fresh lawsuit from another group of foreign investors
June 14th, 2017
Japanese electronics giant Toshiba says it is facing a fresh lawsuit from another group of foreign investors seeking damages following its $1.2bn accounting scandal. The company says it has now been served with 26 complaints in total, demanding nearly ...
Stocks, Currencies Mixed Ahead of Fed; Oil Slumps
June 14th, 2017
China retail sales, output match forecast, Aussie dollar rises Treasury yields steady; South Korea’s Kospi gives up gains Asian equities were mixed, with solid gains in Australia and New Zealand offset by China, where markets weakened despite data showing ...
Toronto Stock Exchange and TSX Venture Exchange Expand to Israel
June 13th, 2017
Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) announced Canada’s leading equity markets have expanded into Israel. This move will focus on strengthening relationships with the Israeli business community and exploring new opportunities as part of the Exchanges’ ...
Deutsche Bank will pay $170 million to settle an investor lawsuit about Euribor
June 13th, 2017
Deutsche Bank AG (DBKGn.DE) will pay $170 million to settle an investor lawsuit claiming it conspired with other banks to manipulate the benchmark European Interbank Offered Rate and related derivatives. A preliminary settlement was filed on Monday with the ...
Hong Kong and Australia seal agreement on fintech cooperation
June 13th, 2017
The Hong Kong Securities and Futures Commission (‘the SFC’) and ASIC today signed an Agreement on fintech cooperation which provides a framework for cooperation to support and understand financial innovation in each economy. This Cooperation Agreement builds on the ...
International law firm announces plans to open a new international office
June 12th, 2017
The new office is the fourth international the International legal firm opens in less than 18 months. International law firm Pinsent Masons today announces plans to open in Dublin in a move which will see the firm open its ...
