Search Results for: PRA
CLS signs MOU with Chinese think tank
January 24th, 2017
CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, has signed a memorandum of understanding (MOU) with the National Institution for Finance and Development (NIFD). The MOU defines close ...
Gold – a primer for 2017
January 22nd, 2017
You know when to buy gold: it’s when nearly every trader and commentator tells you that gold is going lower and you should sell it. This is Harry Dent on 10th January: “I still see gold landing somewhere between ...
Leveraged trading in bitcoins halted in China
January 20th, 2017
Central Bank orders major trading platforms to halt leveraged trading business, and strengthen internal systems to curb money laundering Leveraged trading in Bitcoins has been halted in China, nearly a week after the central bank launched its first-ever probe ...
Western Union agreed to pay $586m for Anti-Money Laundering Violations
January 20th, 2017
Western Union Admits Anti-Money Laundering and Consumer Fraud Violations, Forfeits $586 Million in Settlement with Justice Department and Federal Trade Commission Company also Agrees to Implement Anti-Fraud Program and Enhanced Compliance Obligations in Agreements with Federal Authorities The Western ...
Israel issues largest ever Euro Bond offering on London Stock Exchange
January 18th, 2017
Israel’s €2.25 billion 10 & 20 year government bonds start trading on London Stock Exchange today First non-European sovereign to issue a euro-denominated bond in 20 year tenor Euro-denominated debt listing is the first for Israel in three years ...
Deutsche Bank Agrees to Pay $7.2 Billion
January 18th, 2017
Deutsche Bank Agrees to Pay $7.2 Billion for Misleading Investors in its Sale of Residential Mortgage-Backed Securities Deutsche Bank’s Conduct Contributed to the 2008 Financial Crisis The Justice Department, along with federal partners, announced today a $7.2 billion settlement ...
10 investment advisory firms have agreed to pay penalties to settle charges
January 18th, 2017
10 Firms Violated Pay-to-Play Rule By Accepting Pension Fund Fees Following Campaign Contributions The Securities and Exchange Commission today announced that 10 investment advisory firms have agreed to pay penalties ranging from $35,000 to $100,000 to settle charges that ...
Eight men earn more than 3.6 billion people: our economics is broken
January 16th, 2017
Today, eight people have the same wealth as the poorest half of the world’s population. Stop and think about this. It is a mind-boggling concept. Last year we said we would have needed a double-decker bus to transport the ...
India may introduce a fat tax on junk food
January 16th, 2017
Fat tax in works: If Narendra Modi approves, everything from Maggi to pizzas could fall in net The government may introduce a fat tax on junk food and sugary beverages in the upcoming budget, say various media reports. The ...
South Korea prosecutor seeks arrest of Samsung boss
January 16th, 2017
Prosecutors are seeking a warrant to arrest Samsung Group’s Jay Y. Lee for allegations including bribery and embezzlement, a stunning turn for the scion of South Korea’s richest family groomed for decades to take over the company from his ...
