Search Results for: MoU
FMA files civil proceedings against portfolio manager for alleged market manipulation
July 31st, 2015
The Financial Markets Authority (FMA) has issued civil proceedings in the High Court seeking pecuniary penalties against Mr Mark Warminger for trading carried out while employed by Milford Asset Management Limited (Milford). The trading occurred between December 2013 and ...
The Swiss National Bank (SNB) is reporting a loss of CHF 50.1 billion for the first half of 2015
July 31st, 2015
The central bank of Switzwerland has issued a press release to inform for the Interim results The Swiss National Bank (SNB) is reporting a loss of CHF 50.1 billion for the first half of 2015. The loss on foreign currency ...
BATS Files Client Suspension Rule with SEC
July 31st, 2015
BATS Global Markets (BATS) filed with the Securities and Exchange Commission the BATS Client Suspension Rule, which would enable the company to take swifter action to prohibit manipulative behavior, such as spoofing and layering, on the BATS Exchanges. Manipulative ...
Microsoft and MIT Explore Unique Applications of the Bitcoin Blockchain
July 30th, 2015
Microsoft New York and MIT Media Lab presented a 70-minute report called #Blockchain4good this week. Speakers included Brian Forde, MIT Media Lab director of digital currency and former senior technology adviser at the White House, and John Paul Farmer, ...
AFD founder: ‘Schäuble’s Greece policy is pure marketing’
July 30th, 2015
German Finance Minister Wolfgang Schäuble’s latest plans for a euro tax have solidified the prospect of a transfer union, says Eurosceptic Bernd Lucke in an interview with EurActiv Germany. The founder of the Eurosceptic Alternative for Germany (AfD) party, argues that ...
BNP Is Considering Its Biggest Bank Revamp Since the Crisis
July 30th, 2015
BNP Paribas SA is considering a reorganization of its securities unit that may bring the deepest cost cuts since the financial crisis. France’s largest bank enlisted Oliver Wyman and Boston Consulting Group to work on the revamp, dubbed “CIB ...
The UAE: On the road to economic development
July 30th, 2015
In the past two years, the UAE has achieved three major milestones on the journey towards a sustainable and diverse economy. In 2014, the UAE’s stock exchanges were upgraded from ‘Frontier’ to ‘Emerging’ market status by the global markets ...
The IMF: A cure or disease?
July 30th, 2015
The economy plays a vital role in determining the welfare of people’s lives. The word “economy” may sound simple but its effect on people in terms of social, political, judicial and psychological aspects are tremendous. The family, the basic ...
Investment Technology Group (ITG) in talks to settle SEC Probe and announces preliminary Second Quarter Earnings
July 30th, 2015
ITG announces Preliminary Second Quarter 2015 Earnings Guidance, including Reserve for Probable SEC Settlement The firm informs that expects its results for the second quarter of 2015 to be a GAAP net loss of $10.2 million, or $0.30 per ...
LPL Financial: Another broker is looking to launch financial robo adviser
July 30th, 2015
LPL Financial plans to launch robo-adviser in next two months Firm chief Arnold says robo won’t replace financial advisers but will have a place in the market LPL Financial is wading gingerly into the burgeoning automated investment management business, ...
