Search Results for: PRA
China probing brokers, regulators for possible stock crimes
August 26th, 2015
Employees of one of China‘s biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading, state media reported Wednesday, amid the collapse of a stock price ...
EY and Los Alamos National Laboratory Make New Cybersecurity Tools Available to the Private Sector
August 26th, 2015
Ernst & Young LLP and Los Alamos National Laboratory have formed a strategic alliance to deliver some of the most advanced behavioral cybersecurity tools available to the commercial market. “Cybersecurity attacks are ever more frequent and more sophisticated, and ...
Oil recovers but still ends near 6-1/2-year lows
August 26th, 2015
U.S. crude rises 3 pct after Monday tumble, Brent up 1 pct China cuts interest rates, helping global stock market rebound EIA seen citing a 1.0 mln-barrel build in U.S. crude last week Coming Up: EIA inventory data on Wednesday ...
Baker & McKenzie announces global revenues of $2.43 billion
August 25th, 2015
Revenues up 2.2% Total productivity hits an all time high – up 5% Record number of partner promotions – over 40% are women Good growth expected in Fiscal Year 2016 Baker & McKenzie, the world’s premier global law firm, ...
U.S. banks moved billions in trades beyond CFTC’s reach
August 24th, 2015
This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in the data,” said Chris ...
Greece in tatters: Why snap election can’t save nation in crisis
August 24th, 2015
Greece is headed for its fifth general election in the last six years … After convincingly winning an election in January 2015 on an anti-austerity platform and securing a triumphant win for “No” in the referendum on a bailout deal in ...
Banks fine tally since crisis hits $US260bn
August 24th, 2015
The wave of fines and lawsuits that has swept through the financial industry since the 2007-08 crisis has cost big banks $US260 billion, new research from Morgan Stanley shows. The analysis, which covers the five largest banks in the ...
Broker commissions on ASIC’s radar
August 21st, 2015
The corporate watchdog has identified the possibility that brokers could be driven by commission to recommend bigger mortgages to borrowers. Speaking at the release of a report on interest-only loans yesterday, ASIC deputy chair Peter Kell said that while ...
Greece made a crucial 3.2 billion euro debt repayment
August 20th, 2015
Greece made a crucial 3.2 billion euro debt repayment on Thursday using newly released bailout funds, a government source said, as a senior minister argued for rapid elections following a rebellion in the ruling party. The repayment to the ...
Brokers in India requested to set a floor to brokerage rates but SEBI has rejected it
August 20th, 2015
Market regulator Securities and Exchange Board of India (Sebi) has rejected brokers’ request to set a floor to brokerage rates. Brokers are worried that cut-throat competition along with the entry of several discount brokerages in the market might be ...
