Search Results for: US
Former investment manager jailed
June 27th, 2014
The Australian Securities and Investments Commission (ASIC) has published the following announcement after a series of investigations: A former investment manager with links to the failed firm Trio Capital (Trio), was today sentenced to 25 months jail for making ...
Pimco runs risks in turning up the ‘vol’
June 27th, 2014
It was a tantalising introduction. Bill Gross, Pimco’s “Bond King” and founder of the world’s largest fixed income fund, promised to impart the secrets of his extraordinary success to an audience of financial advisers in Chicago. “I’ll be handing ...
FCA warning against clone firms
June 27th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that: Rimas Risk Management Service (55 Old Broad Street, London, EC2M1RX, Email: rimasuk@europe.com) Knightsbridge Management International Asset Management (www.kmi-am.com, Email: admin@kmi-am.com) are clone firms, ...
Rethinking the Sino-American Relationship
June 27th, 2014
In early July, senior US and Chinese officials will gather in Beijing for the sixth Strategic and Economic Dialogue. With bilateral frictions mounting on a number of fronts – including cyber security, territorial disputes in the East and South ...
Shelbourne Markets purchased by ETX Capital
June 27th, 2014
ETX Capital, a London-based financial spread-betting and contracts-for-difference provider, has acquired Shelbourne Markets, Ireland’s largest financial spread-betting firm for an undisclosed sum. Shelbourne, which has 10,000-11,000 clients in Ireland, has been on the market for some months with four ...
EU Set For Tariff Liberalizing Agreements With Eastern Partners
June 27th, 2014
The European Union (EU) is set to ink new Association Agreements with Georgia, Moldova and Ukraine that will eventually eliminate tariff barriers to trade. The EU will sign the deals in their entirety with Georgia and Moldova on June ...
New tax reliefs complicate the system and offer more opportunities for tax avoidance’ MPs warn
June 27th, 2014
A committee of MPs has accused the Government of creating more opportunities for tax avoidance by introducing new tax reliefs which cost the country £100billion a year. The Government’s Office of Tax Simplification has introduced 134 new tax reliefs ...
Swiss Lawmakers Revise FATF Bill
June 27th, 2014
The Swiss National Council has adopted a bill to implement the revised Financial Action Task Force Recommendations, albeit with significant modifications that some lawmakers fear could put Switzerland at risk of being placed on the Organization for Economic Cooperation ...
Alibaba chooses New York Stock Exchange over Nasdaq
June 27th, 2014
The Chinese online retailer, Alibaba, will list its shares on the New York Stock Exchange (NYSE), rather than on the technology focused Nasdaq. Alibaba, which handles more than 80% of online retail transactions in China, plans to go public ...
Argentina Tests U.S. Court Order by Posting Interest Payment
June 27th, 2014
Argentina is challenging U.S. Courts to enforce a ruling that will block $539 million of an interest payment and trigger a new bond default. Economy Minister Axel Kicillof said the South American nation complied with its foreign debt obligations ...
