Search Results for: HSBC
The Pound to Euro Rate Could Now go Down to 1.10
July 13th, 2017
Pound Sterling was seen staging an impressive recovery against the Euro but what will it take to turn us bullish on the currency’s prospects? Over the course of the past 24 hours Pound Sterling has fallen through a significant ...
CEO of a Brazilian Bank cleared by court over Tax probe
June 15th, 2017
A Brazilian court has cleared Banco Bradesco SA Chief Executive Officer Luiz Carlos Trabuco of trying to illegally dodge a tax fine of 3 billion reais ($911 million), spurring the biggest jump in shares of the nation’s No. 3 ...
Deutsche Bank will pay $170 million to settle an investor lawsuit about Euribor
June 13th, 2017
Deutsche Bank AG (DBKGn.DE) will pay $170 million to settle an investor lawsuit claiming it conspired with other banks to manipulate the benchmark European Interbank Offered Rate and related derivatives. A preliminary settlement was filed on Monday with the ...
SFC fined millions a securities dealing company
May 10th, 2017
SFC reprimands and fines Promising Securities Company Limited $3.5 million The Securities and Futures Commission (SFC) has reprimanded and fined Promising Securities Company Limited (Promising) $3.5 million for breach of the Code of Conduct and the Management, Supervision and ...
Asian Stocks Decline as Iron Ore Futures Tumble: Markets Wrap
May 4th, 2017
FOMC leaves rates unchanged, sees inflation near target Aussie dollar erases loss as Lowe speaks in Brisbane Australian and Chinese stocks fell further on Thursday after metals prices declined, while South Korean shares rallied and the dollar held gains ...
Aussie Stocks Drop, Taiwan Bucks Poor Apple Result: Markets Wrap
May 3rd, 2017
Japan and Hong Kong among Asian markets shut on Wednesday Kiwi dollar climbs as jobless rate in New Zealand declines Australian stocks dropped, while a poor Apple Inc. earnings report proved no bar to gains in Taiwan’s electronics-rich stock ...
Deutsche Bank: 4,000 jobs at risk of being moved out of UK after Brexit
April 27th, 2017
Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new regulations Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new ...
Russia’s Gazprom May Move Operations From London Over Post-Brexit Trade Concerns
April 5th, 2017
According to media reports, Russia’s energy giant Gazprom may leave the United Kingdom in light of potential trading difficulties associated with the country’s departure from the European Union. Russia’s energy giant Gazprom may leave the United Kingdom in light of potential ...
European banks stashing billions in tax havens
March 27th, 2017
Europe’s largest banks are draining public coffers by stashing billions of profits offshore. A 52-page report, by international aid agency Oxfam out on Monday (27 March), estimates €25 billion of banker money ended up in tax havens in 2015. ...
The Russian “Laundromat” exposed; how the complex money laundering scheme worked
March 23rd, 2017
Three years after the “Laundromat” was exposed as a criminal financial vehicle to move vast sums of money out of Russia, journalists now know how the complex scheme worked – including who ended up with the $20.8 billion and ...
