Search Results for: assets
Flash Crash case heads for high court as judge upholds £5m bail
May 7th, 2015
The solicitor representing UK Flash Crash trader Navinder Sarao said he would be appealing to the High Court within a week yesterday, after Sarao failed to raise the £5.05m required for bail. Sarao has struggled to raise the money ...
Breakdown of US Corporate Profits
May 6th, 2015
Although the US corporate income tax is an almost continual subject of dispute, most people don’t know any details about what kinds of corporations that earn the profits. For example, are the companies earning profits disproportionately large or small? ...
Virtu Financial Announces First Quarter 2015 Results
May 6th, 2015
Virtu Financial, Inc. (Nasdaq:VIRT) a leading technology-enabled market maker and liquidity provider to the global financial markets, which priced its initial public offering on April 15, 2015, today reported results for the first quarter ended March 31, 2015. First ...
BitGold platform enables people to use Gold as a store of value and medium of payments
May 6th, 2015
BitGold Inc. has issued a press release to announce the public launch of the BitGold platform. BitGold is inviting people everywhere to open free accounts, build savings, and make payments with securely vaulted gold – fully insured with no ...
GAIN Capital Reports First Quarter 2015 Results
May 5th, 2015
Net revenue of $92.9 million, up 14% Earnings per diluted share of $0.18, up 100% Cash earnings per diluted share of $0.27, up 69% Net income of $8.3 million, up 118% Adjusted EBITDA of $19.7 million, up 63% GAIN ...
Freshfields further strengthens its Japan dispute resolution and employment practice with two new partner appointments
May 5th, 2015
Freshfields Bruckhaus Deringer is pleased to announce the promotion of Akiko Yamakawa and Nicholas Lingard to partners of the firm, effective 1 May 2015. Akiko has been a member of Freshfields’ Tokyo office since 2000 and is well-known in ...
Fifth Annual Impact Investor Survey Reflects on Industry Growth, Past and Projected
May 5th, 2015
146 of the world’s largest impact investors, including fund managers, banks, development finance institutions, foundations, and pension funds report having committed $10.6 billion to impact investments in 2014, with plans to commit 16% more in 2015. The surveyed sample, ...
BaFin: Market manipulation – Pre-arranged trades and wash sales
May 4th, 2015
BaFin has published an article with important information for investors regarding Market manipulation – Pre-arranged trades and wash sales. Trading securities to gain would-be tax advantages could boomerang back to investors if the transactions involve pre-arranged trades or wash ...
Largest independent broker-dealers enjoy double-digit revenue growth
May 4th, 2015
Despite lackluster sales of commission-rich products, IBD revenues grew in line with the broad market in 2014 Despite lackluster sales in 2014 of commission-rich products such as variable annuities and nontraded REITs, the leading independent broker-dealers managed to squeeze ...
NBAD eyes up debt deals with export credit agencies as part of international expansion plan
May 4th, 2015
National Bank of Abu Dhabi (NBAD), the country’s biggest lender by assets, is keen to arrange debt for export credit agencies (ECAs) as part of plans to expand its loans portfolio. “I see an increasing role for export credit ...