Search Results for: SAFE
Mastercard reports Fourth-quarter net income of $933 million
February 1st, 2017
Fourth-quarter net income of $933 million, including a special item, or $0.86 per diluted share Fourth-quarter net income of $940 million, excluding a special item,1 or $0.86 per diluted share Fourth-quarter net revenue increase of 9%, to $2.8 billion ...
Europol and Global Cyber Alliance team up to fight cybercrime
February 1st, 2017
Europol and the Global Cyber Alliance (GCA)signed a Memorandum of Understanding (MoU) to cooperate on decreasing systemic cyber risk and improving internet security throughout Europe and beyond. The signing ceremony took place at Europol’s headquarters in The Hague. As ...
Former Fed Employee Fined $5,000 for Using Computer for Bitcoin
January 31st, 2017
A former Federal Reserve employee was sentenced Friday to 12 months probation and a $5,000 fine after pleading guilty in October to installing unauthorized software on a computer server at the U.S. central bank. Nicholas Berthaume, who as a ...
Gold price boosted set for its best month since June
January 31st, 2017
Gold price traded above $1,200 and set to head for its best month since June. Gold on January 30 opened at 1194.60 and closed at 1196.00 with a daily 41% change but recorded a yearly change of -13.80%. Gold price ...
FCA fines Deutsche Bank £163 million for serious anti-money laundering controls failings
January 31st, 2017
Soon after the New York’s Department of Financial Services fined Deutsche Bank $425 million for Russian Mirror-Trading scheme, the U.K. regulators FCA announced a fined of £163,076,224 to Deutsche Bank AG for failing to maintain an adequate anti-money laundering ...
Deutsche Bank fined $425 million; the Bank allowed traders to engage in a Money-Laundering scheme
January 31st, 2017
The New York State Department of Financial Services (DFS) has issued an announcement to inform for a $425 Million fine imposed to Deutsche Bank. The Bank Allowed Traders to Engage in a Money-Laundering Scheme Using “Mirror Trades” That Improperly ...
Mastercard issued a statement regarding a judgment
January 30th, 2017
Mastercard has issued a statement regarding a favourable judgment of Popplewell J. of the UK Commercial Court regarding UK retailer action on Interchange Fees. Mastercard is grateful that the Court has found in its favour with respect to the ...
Citigroup Paying $18 Million for Overbilling Clients
January 27th, 2017
The Securities and Exchange Commission today announced that Citigroup Global Markets has agreed to pay $18.3 million to settle charges that it overbilled investment advisory clients and misplaced client contracts. The SEC’s order finds that at least 60,000 advisory ...
DFS grants virtual currency license to Coinbase
January 18th, 2017
Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase, Inc., a wholly owned subsidiary of Coinbase Global, Inc., for a virtual currency and a ...
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 ...
