Search Results for: Vest Financial
FCA warns the public for unauthorised firm and individual
August 4th, 2015
FCA, the financial regulator of UK, has issued notices to warn public for a Debt Management company and an individual that believes that have been providing credit activities and financial services in UK without its authorization. The Debt Management ...
Execution Broker ITG Ousts CEO Gasser After Probe
August 4th, 2015
Investment Technology Group’s investigation found Robert Gasser failed to disclose some details of alleged improprieties to board The announcement of ITG was saying that the company has replaced Bob Gasser as its chief executive officer with Jarrett Lilien, a ...
China stock exchanges step up crackdown on short-selling
August 4th, 2015
China stepped up its crackdown on short-selling of shares on Tuesday, unveiling rules that make it harder for speculators to profit from hourly price changes, as some of the nation’s major brokerages suspended their short-selling businesses. China’s stock exchanges ...
CySec announced an administrative fine to Banc de Binary
August 3rd, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that at the meeting held 6th July 2015 decided to impose an administrative fine of €22.000 to Banc de Binary Ltd for violation of the Law which provides ...
China Curbs Online Payment in Fresh Blow to Internet Finance
August 3rd, 2015
China plans to tighten regulations governing the nation’s 270 online-payment firms including Alibaba Group Holding Ltd.’s finance arm, dealing another blow to the booming business of Internet finance. Under draft rules published on July 31, the central bank will limit the ...
Bailout Money Goes to Greece, Only to Flow Out Again
August 3rd, 2015
The Greek businessman was nervous as he carried a suitcase stuffed with cash through security at the Athens airport a few months ago. But the distracted and overworked officials waved him through. A few hours later the man touched ...
Deloitte named a leader in global business consulting based on capabilities and strategies
August 3rd, 2015
For the fifth consecutive year, IDC has named Deloitte Consulting member firm practices and advisory businesses globally as a leader in worldwide and regional consulting capabilities and business strategies. “Deloitte is perceived to be the best at challenging corporate ...
Securities watchdog probes automated trading
August 3rd, 2015
China‘s securities watchdog is investigating the impact of automated trading on share markets, as authorities step up a crackdown on what they regard as heavy speculative selling that could destabilize the world’s second-largest economy. China’s main share markets, both ...
Nasdaq OMX, Markit Have Expressed Interest in Interactive Data Corp.
August 3rd, 2015
Sale could value IDC at more than $5 billion, including debt Nasdaq OMX Group Inc. and Markit Ltd. have expressed interest in acquiring financial data provider Interactive Data Corp., according to people familiar with the matter. Nasdaq and Markit and some private-equity firms are ...
Two Chinese Firms Seek Multibillion-Dollar IPOs
August 3rd, 2015
China Merchants Securities and China Reinsurance are pursuing Hong Kong listings Two Chinese financial firms are gearing up for multibillion-dollar initial public offerings in Hong Kong, even as China’s stock markets saw one of their steepest selloffs last month. ...
