Search Results for: US
The Russian Central Bank revoked Banking licence of a commercial Bank
October 6th, 2016
By its Order No. OD-3414, dated 5 October 2016, the Bank of Russia revoked a banking licence of the Moscow-based credit institution Commercial Bank IMoneyBank, limited liability company, or LLC CB IMoneyBank (Registration No. 1975) from 5 October 2016. The Bank of Russia took such an extreme measure — revocation of the ...
Elliott Wave Analysis On NZDUSD And GOLD
October 6th, 2016
Elliott Wave Analysis On NZDUSD And GOLD Good morning everyone! Markets remain on the side of the USD, which strong momentum seen this morning across the board as metals keep falling while crude oil is now also turning down. ...
NRGbinary is a case of how scammers can hide in gaps between regulators and defraud thousands of investors
October 6th, 2016
In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. The online options trading website offered clients the opportunity to make large amounts of money from simple bets on the movement ...
Toyota recalls 219,811 Toyota and Lexus cars
October 6th, 2016
Russian standards agency Rosstandart said on Wednesday it had been informed about a voluntary recall by Toyota Motor Corp (7203.T) of 219,811 Toyota Auris, Toyota Prius, Toyota Corolla and Lexus CT 200h cars. The recall covers the cars sold between ...
Crisis Hits Russian Banking With 15% Job Losses
October 6th, 2016
Fifteen percent of all Russian bank employees have lost their jobs since the start of the country’s economic crisis in 2014, new data has revealed. Figures from the state statistics agency Rosstat show that almost 120,000 people working in ...
Man in Limassol – Cyprus in hunger strike as he believes that a Forex company cheated him with his investment
October 5th, 2016
As a Cyprus news website reports, a man from Romania living in Limassol – Cyprus begun a hunger strike as he believes that a Forex company cheated him and asks for 40,000 euro that he believes that belongs to ...
Bill Gross: Central Banks Are Pushing Investors to Bitcoin
October 5th, 2016
Risky markets and an incapable central banking culture could drive investors into the arms of bitcoin and gold, billionaire asset manager Bill Gross opined in a recent note to investors. Gross, who founded the Pacific Investment Management Co and ...
FCA fines Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited £8.2m for Client Money and Assets failings
October 5th, 2016
The Financial Conduct Authority (FCA) has today fined Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited (together Aviva) £8,246,800 for failings in its oversight of its outsourced providers in relation to the protection of client assets. The ...
Cashless Society Gets Closer: Now You Can Make Payments Using Apple’s Messages
October 5th, 2016
Users of Apple’s iPhone can now send each other money, direct from the Message app, thanks to a service called Circle. Money can be sent in euros, dollars, pounds, or—of course—bitcoin, and comes straight from your bank account, without ...
Barclays to sell its Retail and Corporate Banking business in Egypt
October 5th, 2016
Barclays has agreed to sell its Retail and Corporate Banking business in Egypt to Attijariwafa Bank S.A. The transaction is estimated to result in a proforma Common Equity Tier 1 (CET1) ratio benefit of c.10bps on completion, in part ...
