Search Results for: Ether
London FinTech stars join Tech City UK’s Future Fifty scheme as booming digital finance sector steals the spotlight
December 11th, 2014
The capital’s crown as the financial technology epicentre of the world will be reaffirmed today as seven of London’s rising FinTech stars will join the government-backed Future Fifty scheme. TransferWise, Go Cardless and Algomi are among the group of ...
SEC Penalizes Morgan Stanley for Violating Market Access Rule
December 11th, 2014
The Securities and Exchange Commission today penalized Morgan Stanley & Co. LLC for violating the market access rule when it failed to uphold credit limits for a customer firm with a rogue trader who engaged in fraudulent trading of ...
HSBC sets aside head of European forex trading
December 11th, 2014
HSBC has sacked its European currency trading chief in the wake of a huge $618m (£394m) fine for manipulating the £3.3trn a day foreign exchange market. The bank is understood to have “let go” Stuart Scott on Tuesday following ...
Google To Close Its Google News Service In Spain On December 16 In Response To New Law
December 11th, 2014
Google is saying adios to Google News in Spain, after announcing it will close the service down in the country on December 16 in response to the impact of a new law. The company said that incoming legislation in the European country will ...
Proposal To Form China’s First Bitcoin Advocacy Group To Test Government Attitude
December 10th, 2014
Established in 2012, the Bitcoin Foundation has quite a few titles – It is a “top trade organization”, an “unofficial organisation to represent the interests of Bitcoin”, a Bitcoin “lobbying group” and “one of the world’s leading advocacy groups ...
Warning against Ftradition LTD
December 9th, 2014
The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Ftradition LTD. This company is a suspected boiler room. Ftradition LTD has approached persons without being asked, to offer them investment proposals. A ...
Joe Hockey announces profit-shifting tax audit of 10 multinationals
December 9th, 2014
Australia will consider passing stronger laws against tax avoidance, the treasurer says, as tax office ‘embeds’ staff within companies The Australian Tax Office is auditing 10 multinational corporations and the government will consider introducing new laws aimed at targeting ...
New strategic approach to ensure “sharper focus” to regulatory challenges ahead
December 9th, 2014
The FCA’s remit is far ranging and challenging with the recent additional responsibility for regulating consumer credit meaning the number of firms that now come under the FCA has trebled over the past eighteen months. The approach is shaped ...
SNB Threatening Negative Rate Awaits Draghi’s Next Move
December 9th, 2014
Swiss National Bank officials have their eyes on one man: Mario Draghi. The prospect of the European Central Bank intensifying stimulus by purchasing government bonds has weakened the euro, pushing the franc to within 0.2 percent of the SNB’s ...
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: ...
