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Deutsche Bank and its UK subsidiary to pay $775 million penalty
March 29th, 2017
DB Group Services (UK) Limited (DBGS), a wholly owned subsidiary of Deutsche Bank AG (Deutsche Bank), was sentenced today for its role in manipulating London Interbank Offered Rates (LIBOR) for U.S. Dollar and several other currencies. LIBOR is a ...
Tesco to pay redress for market abuse
March 28th, 2017
The Financial Conduct Authority (FCA) today announces that Tesco plc and Tesco Stores Limited (Tesco) have agreed that they committed market abuse in relation to a trading update published on 29 August 2014, which gave a false or misleading ...
TechFinancials transfer the shares held in Escrow to the owners of Optionfortune
March 28th, 2017
Transfer of the shares held in Escrow to the owners of Optionfortune Trade Limited TechFinancials Inc. (AIM: TECH), a leading technology provider to financial trading brokers, has issued an announcement to inform in relation the completion of the transfer of ...
Middle East and North Africa region visitors rate to grow higher than the world average
March 27th, 2017
Visitors to the MENA region will total 195 million by 2030, growing at a rate higher than the world average, according to figures by the World Tourism Organisation (UNWTO). The rapid development of the sector will form part of ...
The Upcoming Trade War Between The U.S. And China Will Be The Biggest In The History Of The Planet
March 27th, 2017
The United States and China are the two largest economies in the world by far, and the upcoming trade war that is about to erupt will be cataclysmic for both sides. The Trump administration and the Chinese government are ...
100 investors lost more than $15 million in stock fraud
March 27th, 2017
The office of the U.S. Attorney for the Southern District of New York has issued an announcement to inform that investment adviser and broker found guilty in Manhattan Federal Court of securities fraud, wire fraud, conspiracy and aggravated identity ...
Multinational law firm announced 26 new Partner elections worldwide
March 27th, 2017
70% of newly elected Partners based outside of UK reflecting firm’s global nature New Partners drawn from across 10 practice areas Total number of Partners remains stable at 470 Linklaters, the leading global firm, today announces the election of ...
ECB published overview of economic and monetary developments
March 25th, 2017
Overview At its monetary policy meeting on 9 March 2017, the Governing Council concluded that a very substantial degree of monetary accommodation is still needed for underlying inflation pressures to build up and support headline inflation in the medium ...
Euronext launches a new thematic Index
March 24th, 2017
Euronext and Vigeo Eiris today launched the CAC 40® Governance Index, a thematic index that rates companies in the Paris market’s benchmark CAC 40 index on their corporate governance performance. The CAC 40® Governance Index takes the constituent stocks ...
Four new iShares sector ETFs launched on Xetra
March 24th, 2017
ETFs provide access to US companies from the consumer staples, industrials, materials and utilities sectors Four new equity index ETFs issued by iShares have been tradable on Xetra and Börse Frankfurt since Thursday. Name: iShares S&P 500 Consumer Staples ...