Search Results for: ESMA
Russia’s central bank sent an order to MOEX to halt trading in certain instruments – Exchanges Snapshot
December 17th, 2014
International Securities Exchange halted trading on its ISE and ISE Gemini options exchanges due to connectivity issues, resulting in several U.S. options exchanges to declare “self-help” against them, Reuters reported. Intercontinental Exchange warned that EU lawmakers’ plans to open ...
Improvements needed in CRAs surveillance of structured finance credit ratings
December 17th, 2014
The European Securities and Markets Authority (ESMA) has published a report on the findings of its investigation into the way credit rating agencies (CRA) conduct surveillance of their structured finance credit ratings. The investigation, which took place between October ...
Plunging Ruble Unsettles Russians, Poses Test for Putin
December 17th, 2014
As Russian President Vladimir Putin has ratcheted up the conflict with the West for most of the year, the economic fallout on ordinary Russians has been limited. Suddenly, though, the plunging ruble is reawakening fears of rising prices and ...
Starz CEO Poised to Get $76 Million in Change of Control
December 10th, 2014
Starz LLC (STRZA) Chief Executive Officer Christopher P. Albrecht could receive $75.6 million if the pay-TV channel undergoes a change in control. The payment would include $71.8 million of option awards that would immediately vest and a $3.75 million ...
Sony CEO Cleared Scenes in Film on North Korea, E-Mails Show
December 10th, 2014
Sony Corp. (SNE) Chief Executive Officer Kazuo Hirai personally approved scenes in “The Interview,” the Seth Rogen film that angered North Korea and may have prompted a cyber attack on the company’s Hollywood film studio, according to e-mails made ...
Crude Oil’s Fall Pressures Energy Megaprojects
December 9th, 2014
Energy development projects that looked great earlier this year are looking less so now. Tumbling oil prices hit a fresh five-year low on Monday, pressuring some of the world’s biggest energy companies to reconsider multibillion-dollar expenditures. The biggest worries: ...
Shanghai Composite Index Breaks 3,000 for First Time Since 2011
December 8th, 2014
China’s Shanghai Composite Index surpassed 3,000 for the first time since 2011 and a gauge of the nation’s biggest companies headed for a record winning streak on optimism shares will extend their world-beating rally. Citic Securities Co. and Haitong Securities Co., ...
Fall of the Bond King: How Gross Lost Empire as Pimco Cracked
December 4th, 2014
Bill Gross, the 70-year-old king of bonds, rushed through the offices of his $2 trillion empire on a Friday morning distributing hand-written notes. He knew his reign was over. The billionaire co-founder of Pacific Investment Management Co. and its ...
Hackers With Wall Street Savvy Stealing M&A Data
December 2nd, 2014
Hackers with Wall Street expertise have stolen merger-and-acquisition information from more than 80 companies for more than a year, according to security consultants who shared their findings with law enforcement. A group dubbed FIN4 by researchers at FireEye Inc. ...
Deloitte Said to Face Saudi Regulator’s Ban on Audit Work
December 1st, 2014
Deloitte LLP may be blocked from auditing companies in Saudi Arabia after the country’s market regulator told firms registered in the kingdom to stop using its local services, according to a circular obtained by Bloomberg. The Capital Market Authority ...
