Search Results for: OTC
Publicis to buy U.S.-based Sapient for $3.7 billion
November 3rd, 2014
Publicis (PUBP.PA), the world’s third-largest advertising holding company, has agreed to buy digital ad specialist Sapient for $3.7 billion in cash as it seeks to accelerate growth after a botched merger earlier this year. Publicis said on Monday that ...
Dollar climbs on yen, BOJ passes baton to ECB
November 3rd, 2014
The U.S. dollar powered to seven-year peaks against the yen on Monday and a two-year high on the euro, a punishing trend for commodities priced in dollars as gold, silver and oil all fell. Disappointing surveys out of China’s ...
Moscow Exchange to launch MOEX Board indicative quotation system
October 27th, 2014
Moscow Exchange will launch its new MOEX Board indicative quotation system in December 2014. The system will operate like a notice board, allowing traders and investors to enter and view quotes for stocks that are not traded on the ...
Serious Fraud Office to seek extra £26.5m funding
October 24th, 2014
Ongoing fraud investigations into Barclays, Rolls-Royce and Libor rigging have forced the Serious Fraud Office to ask the government for an extra £26.5m. The cost of paying compensation to Robert and Vincent Tchenguiz, who built their fortune through investments ...
b-next enhances CMC:Global Control Room to monitor financial institutions’ global trading and banking activity
October 24th, 2014
b-next, a specialist provider of capital markets compliance solutions, announced the enhancement of its proprietary CMC:Global Control Room web-based tool to provide financial institutions with a comprehensive view of all activities across its global operations. The CMC:Global Control Room ...
Gold – Eyes on Previous Key $1240 Level
October 14th, 2014
Gold for Tuesday, October 14, 2014 For the last few weeks Gold has enjoyed solid support at $1215 after falling strongly a couple of weeks ago from $1240 to just below $1215, however a couple of weeks ago it ...
US Tax Inversion Planners respond to Treasury Measures
October 8th, 2014
The non-legislative measures put forward by the Treasury Department on September 22, to deter multinationals from using corporate inversions to move their tax residence abroad and move away from the high United States tax rate, have so far produced ...
Obama announces US crackdown on inversion tax ‘loophole’
September 23rd, 2014
The White House has announced a crackdown on tax avoidance deals known as inversions. The practice involves a US firm merging with a firm in a country with a lower tax rate and has become popular over recent years. But ...
ASIC and MAS sign a Memorandum of Understanding
September 17th, 2014
The Australian regulator, ASIC, and the Monetary Authority of Singapore (MAS) have sign a Memorandum of Understanding (MOU) to allow trade repositories licensed in one jurisdiction to provide relevant data to the authority in the other jurisdiction. Through this ...
ASIC cancels margin forex company’s AFS licence
September 9th, 2014
The Australian regulator, ASIC, has cancelled the Australian financial services (AFS) licence of Global Derivative Services Pty Ltd (GDS) after an investigation found it failed to comply with a number of its AFS licence obligations. According to its website, ...
