Search Results for: ESMA
Tories oppose to a “flat tax” system
July 30th, 2014
The Tories have strongly denied they are planning to move to a “flat tax” system – where everyone pays the same rate of tax regardless of income – after the party’s policy chief, Oliver Letwin, was recorded suggesting a ...
GM sued over deaths, injuries linked to ignition switch
July 30th, 2014
General Motors (GM.N) was hit Tuesday with a lawsuit brought on behalf of more than 650 people allegedly injured or killed in accidents involving cars that have been recalled this year for faulty ignition switches. The lawsuit was filed ...
Economic sanctions on Russia from EU and U.S.
July 30th, 2014
EU governments have agreed to impose sweeping sanctions on Russia, targeting state-owned banks, imposing an arms embargo and restricting sales of sensitive technology and the export of equipment for the country’s oil industry, in response to Moscow’s continued backing ...
Regulators to deal with Japanese hedge fund in insider trade case
July 29th, 2014
A small Japanese hedge fund has made a rare challenge against financial regulators over a 2010 insider trading case, disputing a finding that one of its fund managers acted on an insider tip of a share offering by energy ...
JP Morgan questioned on private bank wrongdoing
July 28th, 2014
JPMorgan Chase & Co (JPM.N) executives came across regulators’ questions on whether private bank advisors guide clients to buy the firm’s own financial products, according to a report in the Wall Street Journal. Following the questioning regarding potential conflicts ...
UBS Wins Case Over Firing of Drug Analyst in Front-Running Probe
July 24th, 2014
A London judge said UBS AG (UBSN) had the right to fire a senior analyst who discussed rumors about a Sanofi drug with a friend at a hedge fund who may have bet against the company before publishing a ...
Stock futures tick up on earnings, world conflicts eyed
July 23rd, 2014
U.S. stock index futures edged up on Wednesday, boosted by bullish earnings from companies like Microsoft and Boeing, though conflicts in Ukraine and the Gaza Strip weighed on investor confidence. Microsoft (MSFT.O) shares rose 2.4 percent in premarket trading ...
JPMorgan begins to provide consumer help under $13 billion settlement
July 22nd, 2014
JPMorgan Chase & Co has begun to provide the debt forgiveness and other help to struggling homeowners under last year’s $13 billion accord with federal and state authorities, though it has only turned over a handful of details, a ...
Russian Billionaires in ‘Horror’ as Putin Risks Isolation
July 21st, 2014
Russia’s richest businessmen are increasingly frantic that President Vladimir Putin’s policies in Ukraine will lead to crippling sanctions and are too scared of reprisal to say so publicly, billionaires and analysts said. If Putin doesn’t move to end the ...
Julius Baer expects to settle U.S. tax case in months
July 21st, 2014
Julius Baer (BAER.VX) expects to strike a deal with U.S. authorities in a matter of months to settle a criminal investigation into the Swiss bank’s role in helping wealthy Americans evade their taxes, its chief executive said on Monday. ...
