Search Results for: Vest Financial
Italians Join Greeks Selling Bank Stock to Once-Wary Investors
March 27th, 2014
Eight Italian banks are preparing to sell at least 8 billion euros ($11 billion) of stock to shore up their balance sheets, as nations shunned during the sovereign-debt crisis return to favor with investors. Leading the pack is Banca ...
Santander UK fined for widespread investment advice failings
March 26th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has fined Santander UK Plc the amount of £12,377,800 after the regulator uncovered serious failings in the way it offered financial advice from its bank. In particular, there was a ...
FINRA Issues New Investor Alert, Bitcoin: More than a Bit Risky
March 13th, 2014
The Financial Industry Regulatory Authority (FINRA) issued a new investor alert called Bitcoin: More than a Bit Risky to caution investors that buying and using digital currency such as Bitcoin carry risks. While speculative trading in bitcoins carries significant risk, there ...
UCITS – (Undertakings for Collective Investment in Transferable Securities)
March 6th, 2014
UCITS are open-ended undertaking for collective investment in transferable securities. (UCITS) is an undertaking the sole object of which is the collective investment in transferable securities and/or in other liquid financial assets of capital raised from the public, and ...
$580 million for the acquisition of Independent Broker-Dealer
October 15th, 2015
HD Vest Announces Agreement to be Acquired by Blucora, Inc. Leading Independent Broker-Dealer Enters Next Phase of Evolution as Stand-Alone Firm within FastGrowing, Publicly Traded Holding Company Focused on Technology-Enabled Financial Services Blucora, Inc. announced that it has signed a definitive ...
The Central Bank of Russia issued notices on cancelling licences of professional securities market participants
July 3rd, 2015
Bank of Russia took a decision to cancel the licences of professional securities market participants to carry out broker, dealer activity, securities management and depository activity. The companies are: 1) Aurora Capital 2) IFK Perspektiva 3) Avangard Invest 4) ...
CySec: renouncement of licence
May 20th, 2014
The Cyprus Securities and Exchange Commission announces that, on 6 May 2014, the CIF «Harvest Financial Services Ltd», renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in ...
UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
January 26th, 2024
KEY POINTS Data from industry body Innovate Finance shows that global investment in fintechs sank to $51.2 billion in 2023, down 48% from 2022. Despite that, the UAE saw total investment soar 92%, thanks in part to more fintech-friendly ...
Eurojust supports international operation against tax evasion through sham contracts
January 26th, 2024
Eurojust has supported the competent authorities in Germany, Estonia, Latvia, Lithuania and Poland in a coordinated action against a group of suspects allegedly involved in tax evasion through sham contracts with foreign subcontractors. During an operation on 10 October, ...
