Search Results for: US
BNP pleads guilty for second time in $9 billion U.S. sanctions accord
July 10th, 2014
BNP Paribas, for the second time in nine days, pleaded guilty on Wednesday to conspiring to violate U.S. sanctions, as part of a nearly $9 billion settlement in which the French bank admitted to breaking embargoes against Sudan, Cuba ...
CySec warns against unauthorised internet domain
July 9th, 2014
The Cyprus Securities and Exchange Commission (CySec) wishes to inform the investors that the entity which operates the domain (https://www.eurobondfx.com): 1. Is not permitted to provide investment and ancillary services in the Republic, pursuant to Investment Services and Activities ...
Apple loses China patent case, separate suit against Apple continues
July 9th, 2014
A Beijing court has ruled against Apple Inc by upholding the validity of a patent held by a Chinese company, clearing the way for the Chinese company to continue its own case against Apple for infringing intellectual property rights. ...
ECB watchdog says bank safety checks running according to plan
July 9th, 2014
Efforts by the European Central Bank to collect reams of lending data from leading euro zone banks are almost done, and plans to complete safety checks are running according to plan, the ECB’s top financial supervisor said on Wednesday. ...
Why UBS Says Brazil’s 7-1 Trouncing Is Bearish for Stocks
July 9th, 2014
Conventional wisdom has been that a Brazil loss at home in the World Cup would be a positive for the country’s financial markets. A defeat, the argument went, would sour the national mood and prompt voters to oust President ...
DGCX to relist Indian Rupee Options contract on July 18th
July 9th, 2014
Dubai Gold and Commodities Exchange (DGCX) has announced the re-listing of its Indian Rupee Options contract. DGCX’s new advanced trading infrastructure, built in partnership with leading global financial technology provider Cinnober, will support trading in the options contract. The ...
GBX Technologies includes TOPFX as Liquidity provider
July 9th, 2014
GBX Technologies Ltd, the Hong Kong-based developer of bespoke foreign exchange technology solutions, is pleased to announce the expansion of its liquidity providers to include TopFx, the global Prime Broker. Authorised and regulated by the Cyprus Securities and Exchange ...
Silicon Valley is moving into Bitcoin
July 9th, 2014
Richard Waters, writing in Financial Times, is reporting that Silicon Valley’s A-Listers seem to be fast climbing onto the Bitcoin bandwagon. More and more of Silicon Valley’s venture capitalists have been queuing up to invest in Bitcoin start-ups. Yesterday, ...
Portugal Bonds Drop With Europe Stocks as Gold Advances
July 9th, 2014
Portugal and Italy led declines in European bonds and stocks dropped while gold climbed. Emerging-market shares fell from a 16-month high. The yield on Portugal’s 10-year bond jumped 19 basis points to 3.84 percent by 9:53 a.m. in London. ...
BOJ may slightly cut economic forecast, policy seen steady
July 9th, 2014
The Bank of Japan may trim its economic growth forecast for the current year next week, sources familiar with its thinking said, reflecting soft exports and a bigger-than-expected slump in household spending after a sales tax hike in April. ...
