Search Results for: EY
Asian Stocks Mixed, Yen and British Pound were steady; Key financial events coming up
September 26th, 2018
Asian stocks were mixed as traders awaited the Federal Reserve meeting. U.S. Treasuries were steady, with yields near the seven-year highs reached in May. Japan’s Topix index retreated from its highest in almost eight months. Stocks rallied in Hong ...
Australian dollar to U.S. dollar declined, Gold fell; Key events coming up this week
September 24th, 2018
Stocks in Hong Kong fell with U.S. equity futures and the Australian dollar after China called off planned trade talks with U.S. officials, potentially triggering an escalation in the protracted tariff war between the world’s two-biggest economies. While the ...
CEO of Denmark bank quits amid an alleged $233 billion money-laundering investigation
September 20th, 2018
The chief executive of Danske, Denmark’s largest bank, resigned Wednesday after a year-long internal investigation into money laundering found $233 billion in suspicious transactions moving through the bank’s tiny branch in Estonia — nearly 10 times larger than that ...
FINMA finds deficiencies in anti-money laundering processes at Credit Suisse
September 19th, 2018
The Swiss Financial Market Supervisory Authority FINMA has concluded two enforcement procedures against Credit Suisse AG. In the first procedure, FINMA identified deficiencies in the bank’s adherence to anti-money laundering due diligence obligations in relation to suspected corruption involving ...
Pan-European tax fraud web leads to New Jersey and Dubai
September 12th, 2018
White-collar criminals aren’t usually so blatant about their intentions. But after tracking a trail of tax fraud that flowed from Denmark to Germany, the UK, Canada, Luxembourg and Malaysia, Danish investigators stumbled on a corporation in Delaware whose name ...
Investment fraud led to the loss of more than £2.8m of investors’ money
September 10th, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued an announcement to inform about FCA’s second largest ever criminal prosecution and most complex fraud investigations. Operation Tidworth was ...
Dutch bank ING fined 775 million euros in money laundering case
September 7th, 2018
Dutch bank ING has paid 775 million euros ($897 million) to settle a huge money laundering case in the Netherlands, prosecutors said Tuesday. The country’s financial prosecution service said in a statement that ING for years failed to adequately ...
Gold And Silver Are Acting Like It’s 2008. They May Be Right
September 6th, 2018
2008 has special significance for gold bugs, both because of the money they lost in August of year and the money they made in the half-decade that followed. Today’s world is beginning to feel eerily similar. Let’s start with ...
Key Website Features Investment Companies Must Incorporate
September 4th, 2018
It is normal for every potential client who is curious about the strategy of your investment company to visit your website. Your website is the digital face of your business. It is the first impression your prospects get before ...
Investors claim they lost €4.1m in Binary Options scam
September 3rd, 2018
A group of investors who claim they lost millions of euro in an electronic trading scam have brought a High Court damages action against an Irish-registered firm and Irish- and Israeli-based directors. They have sued Greymountain Management Ltd, which ...
