Search Results for: MoU
Morgan Stanley to pay more than $2.3 million to a group of investors for losses
July 29th, 2015
Firm accused of unauthorized trading and other misdeeds by brokers in Jackson, Miss.-area branch An arbitration panel ordered Morgan Stanley to pay more than $2.3 million to a group of investors for losses tied to alleged unauthorized trading and other misdeeds ...
Foreign lawyers working in China could be at risk of arrest
July 29th, 2015
Australian commercial law firms operating in China should be seriously concerned about the recent crackdown on human rights lawyers, a professor of Chinese law says. Professor Bing Ling from the University of Sydney told Lawyers Weekly that all lawyers working in China ...
Can Bitcoin Change Wi-Fi For the Better?
July 29th, 2015
It’s certainly not unusual in the bitcoin and blockchain industry to see several companies coalesce around a new use case for the technology. However, what may be novel about the sudden focus on Wi-Fi is the size and ubiquity ...
Blockchain-based SETL plans to revolutionise payment and settlement
July 29th, 2015
A new venture plans to create a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology. Called SETL, the venture is backed by Peter Randall, former chief executive at Chi-X, the multilateral trading facility that is now ...
Interdealer broker Tullett Prebon acquired MOAB Oil broker and announced Financial Results
July 29th, 2015
Tullett Prebon plc (the “Company”) announced that it has acquired MOAB Oil, Inc. (“MOAB”) a leading independent broker of physical and financial instruments in the energy markets. MOAB’s expertise includes physical gasoline, gasoline blending components, oil product swaps, ethanol, ...
Twitter’s Sales Exceed Analysts’ Estimates; Shares Climb
July 29th, 2015
Twitter Inc. reported second-quarter sales that topped analysts’ projections, a bright spot for the growth-challenged company as it seeks a new chief executive officer. Shares jumped as much as 12 percent. In the second quarter, revenue rose 61 percent ...
Finance Sector in the Dark Over Data Protection Changes
July 28th, 2015
With a quarter of businesses in finance and accountancy sector totally unaware of the EU General Data Protection Regulation we interviewed John Culkin, Director of Information Management, Crown Records Management to find out about the regulation and what financial ...
China: Major Devaluation Coming
July 28th, 2015
The whole “market economy” thing is turning out to be a little trickier than China’s dictators expected. To set up the story: After the 2008 crash the country borrowed about $15 trillion (an amount that dwarfs the US Fed’s ...
8 Banking Giants Embracing Bitcoin and Blockchain Tech
July 28th, 2015
In its relative short history, bitcoin – and its underlying technology the blockchain – have captivated thinkers around the world, but not everyone was quick to see the potential. Due in part to its initial billing as a threat ...
BP Has Worst Profit in 10 Years on Libya Write-Off, Trading
July 28th, 2015
BP Plc reported the lowest quarterly profit in at least 10 years after a boom in trading faded and the conflict in Libya forced almost $600 million of writedowns. Profit adjusted for one-time items and inventory changes dropped to ...
