Search Results for: Gain capital
Israeli Man Charged With Operating FOREX Ponzi Scheme
August 4th, 2016
Preet Bharara, the United States Attorney for the Southern District of New York, and Diego Rodriguez, the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today that FADI EWIESS, a/k/a “Fadi ...
North Korea’s only foreign-founded law firm suspends operations
August 3rd, 2016
North Korea’s first and only law firm set up by a foreigner, Hay, Kalb & Associates, will suspend operations, the firm’s principal said in a statement on, as the country grows increasingly isolated. The firm is a joint venture ...
Europe eyes lackluster open; bank earnings in focus
August 3rd, 2016
European stocks traded slightly lower on Wednesday but banking stocks, thanks to results from HSBC and Societe Generale, rallied as investors digest some more earnings and a fall in the oil price. The pan-European STOXX 600 was down 0.28 percent. Banks in ...
MAS Singapore set up advisory panel for FinTech developments
August 3rd, 2016
The Monetary Authority of Singapore (MAS) today announced that it has set up an International Technology Advisory Panel (ITAP). The Panel will advise MAS on international developments in FinTech and how Singapore can harness new technologies to enhance the ...
Bitcoin Sinks After Hackers Steal $65 Million From Exchange
August 3rd, 2016
Hong Kong-based Bitfinex halts trading, deposits, withdrawals Digital currency is down almost 20 percent this week Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million of the digital currency. Bitcoin slumped 5.5 ...
China stocks firm on property shares; Hong Kong hit by global weakness
August 3rd, 2016
China stocks edged higher on Wednesday as property shares rallied for a second day and on growing expectations of state-owned enterprise (SOE) reforms. But trading volume in Shanghai, which shrank to a two-month low on Tuesday, remained thin amid ...
First Data reports second Quarter 2016 financial results
August 2nd, 2016
First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, today reported financial results for the second quarter ended June 30, 2016. Consolidated revenue for the second quarter was $2.9 billion, up 2% versus the prior year ...
Europe expected to retreat at open
August 2nd, 2016
European stocks were lower in morning trade Tuesday, dragged down by banking shares as worries about the health of the region’s lenders continued to weigh on sentiment. The pan-European STOXX 600 was down 0.71 percent. The banking sector was once again ...
Most European Banks Survive Stress Test
August 1st, 2016
European regulators gave most banks a clean bill of health in “stress tests” despite the Continent’s sluggish growth and low interest rates, saying only a clutch of lenders would struggle to ride out a hypothetical severe economic downturn. The European ...
Brexit post-mortem
July 29th, 2016
It is a month after Britain’s surprise vote to leave the EU. A new Conservative Prime Minister and Chancellor are in place, both David Cameron and George Osborne having fallen on their swords. The third man in the losing ...