Search Results for: Vest Financial
FCA warning for clone company
March 26th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that Traders Trust Capital Markets Ltd (www.fxttcm.co.uk , www.fxttcm.co.uk/En/) is a clone firm and thus, is not permitted to provide financial services or ...
FCA: warning for unauthorised firm
March 26th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that Everest Markets (UK) Limited/ Everest Capital Limited (http://www.everestmarkets.com) is not permitted to provide financial services or products. FCA announces that Everest Markets ...
Why Companies Suffer Large, Unexpected Credit Losses
March 26th, 2014
For companies that sell business-to-business products and services, many things can contribute to a company incurring a loss from a bad debt. The most important factor is probably the quality of the organization’s finance and credit management process. But ...
U.K. Treasury Raises 4.2 Billion Pounds in Lloyds Share Sale
March 26th, 2014
The U.K. government sold a 4.2 billion-pound ($6.95 billion) stake in Lloyds Banking Group Plc (LLOY), its second disposal since rescuing the lender in the financial crisis. The government sold the shares to money managers for 75.5 pence apiece, ...
European Stocks Advance as Stocks Extend Gains
March 26th, 2014
European stocks advanced for a second day, after the Stoxx Europe 600 climbed the most in three weeks, as investors awaited data on U.S. durable-goods orders. U.S. index futures were little changed, while Asian shares rose. Airbus Group NV ...
ASIC accepts enforceable undertaking from Franchelen Pty Ltd
March 26th, 2014
ASIC has accepted an enforceable undertaking (EU) from Franchelen Pty Ltd (Franchelen), after an investigation found they engaged in unlicensed credit activity. ASIC’s investigation looked at the financing offered by Franchelen to consumers who were purchasing units in a ...
FRB: Agencies Issue Proposed Rule on Minimum Requirements for Appraisal Management Companies
March 24th, 2014
Six agencies today issued a proposed rule that would implement minimum requirements for state registration and supervision of appraisal management companies (AMCs). An AMC is an entity that serves as an intermediary between appraisers and lenders and provides appraisal ...
CySec: acquisition of licence (Macys Corporate Services Ltd)
March 24th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has announced that “Macys Corporate Services Ltd” has successfully obtained the CySec licence. “Macys Corporate Services Ltd” is now authorised to operate legally under the supervision of CySec and ...
CySec: Acquisition of licence (Parallel Nominees Cyprus Limited)
March 24th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has announced that “Parallel Nominees Cyprus Limited” has successfully obtained the CySec licence. “Parallel Nominees Cyprus Limited” is now authorised to operate legally under the supervision of ...
Billionaire Sought by U.S. Holds Key to Putin Gas Cash
March 24th, 2014
A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle. Ukrainian Dmitry Firtash, arrested in Vienna ...
