Search Results for: PRA
Blockchain expert Tim Swanson talks about R3 partnership of Goldman Sachs, JP Morgan, UBS, Barclays et al
September 16th, 2015
Nine of the world’s biggest banks from both sides of the Atlantic and Asia Pacific have agreed to join a partnership to divine a set of common standards and practices towards constructing a shared digital ledger system for financial ...
SEC Obtains $30 Million From Traders Who Profited on Hacked News Releases
September 15th, 2015
Litigation Continues Against 32 Other Defendants in Alleged $100 Million Scheme The Securities and Exchange Commission today announced that Ukrainian-based Jaspen Capital Partners Limited and CEO Andriy Supranonok have agreed to pay $30 million to settle allegations they profited ...
Google Found Guilty of ‘Abusing Dominant Market Position’ in Russia
September 15th, 2015
Russian antitrust agency will have 10 business days to issue its ruling on the case in full Google Inc. has been found guilty in a rapid Russian antitrust probe, a spokesperson for the country’s antitrust regulator told The Wall Street Journal. ...
EY reports 2015 global revenues up by 11.6%
September 15th, 2015
Fastest growth since 2008 with revenues up by 11.6% in local currency Growth across all four service lines and four geographic areas Emerging market practices’ revenue up by 12.3% Developed markets’ growth led by the US, UK, Germany, Australia ...
Innovate Finance and IBM to open blockchain lab
September 14th, 2015
UK fintech champion Innovate Finance is to establish a blockchain lab in partnership with the Hartree Centre, the high performance computing and data analytics research facility founded by the UK Government in association with IBM. Blockchain has become one ...
Big Banks Agree to Settle Swaps Lawsuit
September 14th, 2015
Dozen banks, Markit and International Swaps and Derivatives Association to pay combined $1.87 billion Wall Street’s biggest banks have agreed to a tentative settlement over allegations that they conspired to rig the market for credit derivatives. Twelve banks and ...
Traders’ Phones Are Becoming a Zone of Total Surveillance
September 14th, 2015
At large banks, regulatory requirements and new technology change how conversations are conducted Wall Street has a message for its traders: Watch what you say. At large banks in the U.S. and Europe, traders’ everyday activities are being recorded ...
This Is Actually Going To Happen Next Year
September 14th, 2015
The intellectual groundwork is being laid for the next stage of the Money Bubble, and it’s going to be epic. Here are excerpts from two articles that appeared over the weekend (and which should be read in their entirety). ...
Citi shared central bank info with clients: ex trader
September 11th, 2015
Citigroup sent details of its central bank customers’ trading activity to another client and handed out details of its foreign exchange order book to customers in electronic chatrooms, a former foreign exchange trader said in a witness statement to ...
Accounting Tops List of Most Profitable Industries
September 10th, 2015
Accounting, tax preparation, bookkeeping, and payroll services – grouped together in one category – was the most profitable industry in the United States for the 12 months ending Aug. 27, according to a new report by financial information provider Sageworks. Accounting ...
