Search Results for: ICE
Ukraine crisis: Kiev faces halt to gas supply
June 16th, 2014
Gazprom has reaffirmed its Monday deadline for Ukraine to pay its debts after talks between Moscow and Kiev ended without agreement. The Russian gas giant said it will cut Ukraine’s supply if Kiev fails to pay $1.95bn (£1.15bn) by ...
ASIC suspends former Banksia auditor for five years
June 13th, 2014
The Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking (EU) from Mr Warren John Sinnott of Kennington, Victoria, as part of an ongoing investigation into the collapse of Banksia Financial Group (Banksia Group). Under the EU, ...
FCA warning against unauthorised firms
June 13th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that the following firms are not permitted to provide any financial services or products: Loans 4 u CMBS Portfolio (www.cmbs-portfolio.com) FCA points ...
New EU Bank-Creditor Loss Rules Leave Room for Confusion
June 13th, 2014
The European Union has served notice that senior bondholders will be in the firing line for losses when banks go bust, yet the law’s fine print leaves room for confusion. Policy makers from Michel Barnier to Jeroen Dijsselbloem have ...
Bitcoins Seized From Silk Road Marketplace To Be Auctioned
June 13th, 2014
The United States government is planning to sell one of the biggest caches of bitcoins, a hoard that’s part of the bitcoin cache seized in October from the Silk Road marketplace, which was used for buying and selling drugs, ...
Wall St. slides on concerns about Iraq
June 13th, 2014
U.S. stocks fell on Thursday as concerns escalated about Iraq and after disappointing economic data on retail sales and jobless claims. The three major U.S. stock indexes ended off their session lows. With the day’s decline, though, the S&P ...
Dark Pools Take Larger Share of Trades Amid SEC Scrutiny
June 13th, 2014
The rise of off-exchange trading in the U.S. stock market continues unabated even as regulators question the wisdom of allowing the shift to continue. Shares changing hands in private venues such as dark pools accounted for 40.4 percent of ...
Predatory Trading Rules Considered in Canada
June 13th, 2014
The Ontario Securities Commission may consider measures to regulate high-frequency trading if evidence of predatory activity is found as it reviews its market-structure policies, Chairman Howard Wetston said. “The important question for us is, is our market fair?” Wetston ...
LinkedIn Ordered to Face Customer E-Mail Contacts Lawsuit
June 13th, 2014
LinkedIn Corp. (LNKD:US) must face a lawsuit claiming the company violated customers’ privacy rights for marketing purposes by accessing their external e-mail accounts and downloading their contacts’ addresses. The decision by U.S. District Judge Lucy H. Koh in San ...
BNP Paribas: EU’s Barnier wants ‘fair’ US action over fine
June 13th, 2014
One of the European Union’s top officials has intervened in the controversy over a potential huge US fine on BNP Paribas. Michel Barnier, the EU’s internal markets commissioner, said any penalty on the giant French bank must be “fair ...
