Search Results for: Shares
Grupo Ficohsa acquires Banco Citibank de Nicaragua and Cititarjetas de Nicaragua
March 26th, 2015
The acquisition encompasses all of Citi’s business in Nicaragua: commercial loans, personal loans, deposits and credit cards. The transaction is pending authorization from regulatory bodies. During the process, Citi will continue its operations as it has to date. This acquisition ...
FINRA Sanctions First New York Securities L.L.C. $916,000 for Illegal Short Selling in Advance of 14 Public Offerings
March 26th, 2015
Firm Fined $400,000 and Ordered to Pay More Than $500,000 in Disgorgement; Prohibited From Participating in Secondary Offerings for Six Months The Financial Industry Regulatory Authority (FINRA) announced today that it has sanctioned First New York Securities L.L.C. $916,000 ...
Asia stocks down on weak data, Wall Street dive
March 26th, 2015
Asian stock markets mostly fell Thursday, battered by weak U.S. economic data and Wall Street’s retreat from near record highs. KEEPING SCORE: Japan’s Nikkei 225 fell 1.2 percent to 19,508.88 while Hong Kong’s Hang Seng added 0.1 percent to ...
FD acquires ActivateClients Limited for software development and mobile technology capabilities
March 24th, 2015
First Derivatives (AIM:FDP.L, ESM:FDP.I), a leading provider of software and consulting services, announces it has acquired the entire issued share capital of ActivateClients Limited (“ActivateClients”). The earnings enhancing acquisition provides complementary software products, particularly HTML5 capabilities, that are expected ...
UK Offshore Tax Disclosures – Use The LDF while you can [Update]
March 24th, 2015
Tax authorities around the globe are increasingly working together to fight tax evasion and aggressive tax avoidance to collect more tax. In the UK, HMRC is geared up to take full advantage: anyone who needs to put UK tax ...
China to reap Alibaba windfall as tightens up on tax
March 23rd, 2015
China could make billions of dollars from taxing gains made by employees of e-commerce giant Alibaba Group BABA.N who are free to sell their shares for the first time since its IPO, as the country tightens up its leaky ...
Noble Group Ltd Sues Former Credit Analyst After Iceberg Reports
March 23rd, 2015
Noble Group Ltd., Asia’s largest commodity trader by revenue, sued a credit analyst it says it fired in 2013 for conspiracy to injure the company by anonymously spreading false and misleading information this year. Arnaud Vagner and a Seychelles ...
BaFin imposes fine on BlackRock Investment Management (UK) Ltd
March 20th, 2015
The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has imposed a fine of EUR 3.25m on BlackRock Investment Management (UK) Ltd. This constitutes the largest fine that BaFin has ever imposed. BlackRock has announced that it will accept the fine. BlackRock group companies had ...
Lloyds sells 50% of TSB to Spain’s Sabadell bank
March 20th, 2015
Catalan bank buying TSB for £1.7bn is one of few banks to emerge stronger from financial crisis in Spain TSB has agreed a £1.7bn takeover by Spain’s Banco de Sabadell, with Lloyds Banking Group selling its 50% stake in the UK ...
Apple adds presure to the Dow Jones
March 20th, 2015
Apple (AAPL) is dragging down the Dow on its first day in the famed average – probably not what investors expected. Shares of the digital gadget maker are down 59 cents, or 0.5%, to $127.90 – adding pressure to the ...