Search Results for: IG Group
ASIC charges former CEO of IT companies
April 15th, 2014
The Australian Securities and Investments Commissions (ASIC), has issued an announcement that Mr Peter Mavridis, of Bentleigh, Victoria, has appeared before the Melbourne Magistrates Court after an ASIC investigation led to him being charged with 24 charges of obtaining ...
Goldman, Client Trade Lawsuits Over Singapore Stock Rout
April 14th, 2014
Goldman Sachs Group Inc. (GS) and Lynne Ng Su Ling, an independent director at LionGold Corp., traded lawsuits in London over payment demands after shares owned by Ng and held by the bank as debt collateral plunged in an ...
Stocks Drop With Ruble as Ukraine Tension Spurs Gold
April 14th, 2014
Global stocks dropped a third day, the ruble tumbled and oil and gold advanced as the U.S. and Russia traded barbs in the United Nations Security Council amid worsening violence in Ukraine. The euro dropped on prospects for more ...
JPMorgan Chase Earns 19 Percent Less to Start the Year
April 14th, 2014
JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and sluggish mortgage activity. Shares fell as much as 3.7 percent ...
Chinese Property Developers Stake Out Shares In Commercial Banks, Intensifying Systemic Risks
April 14th, 2014
Major Chinese property developers have in recent months been buying increasingly large stakes in regional banks, posing risk that an unravelling in the real estate market could leave both lenders and builders confronting losses big enough to pose a ...
Exclusive: SEC eyes test that may lead to shift away from ‘dark pools’
April 11th, 2014
U.S. securities regulators are considering testing a proposed reform that could drive business to major stock exchanges and away from alternative trading venues such as “dark pools” that critics say may be hurting investors by reducing the quality of ...
FASB Provides Guidance on Reporting Discontinued Operations
April 11th, 2014
The Financial Accounting Standards Board has issued new guidance on representing when a company or organization discontinues its operations. Accounting Standards Update No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued ...
Deutsche Bank Said to Find Improper Communication in FX Case
April 10th, 2014
Deutsche Bank AG (DBK) put a London-based currency saleswoman on leave last month for inappropriate communication with the Monetary Authority of Singapore, a person familiar with the matter said. No other details on Kai Lew’s communications with MAS were ...
Record Europe Dividends Keep $3 Trillion From Factories
April 10th, 2014
Given the choice between investing in their businesses or paying off shareholders, European chief executive officers are choosing the latter. Companies of the benchmark Stoxx Europe 600 Index will pay 11.54 euros a share in dividends this year, the ...
Tax Writers Clash on Paying for Extending Business Breaks
April 9th, 2014
The top lawmakers on the House Ways and Means Committee disagreed over whether extending tax breaks for research and international finance operations should be offset to prevent the U.S. budget deficit from growing. Representative Dave Camp, the committee chairman, ...
