Search Results for: fed
FactSet Completes Acquisition Of Execution Management System (EMS) Provider Portware
October 23rd, 2015
FactSet Research Systems Inc. (NYSE:FDS) (NASDAQ:FDS), a leading provider of integrated financial information and analytical applications to the global investment community, today announced that following regulatory approval, it has completed its acquisition of all the issued and outstanding membership ...
CFTC charges individial for fraud involving a Futures Trading System and Advisory Service
October 22nd, 2015
Gramalegui also Charged with Violating a CFTC Administrative Order Entered in 2001, Settling Prior Fraud Charges Brought against Him The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a civil enforcement action in the U.S. District ...
Negative Interest Rates Are Here
October 20th, 2015
Not so long ago, a bank was by definition a business that took deposits from customers, paid them for the use of their money, and lent the cash to other customers at a profit. But that’s not how it ...
SEC announced settlement of charges with two UBS Advisory Firms
October 20th, 2015
Two UBS Advisory Firms Settle Charges Arising From Failure to Disclose Change in Investment Strategy Settlement Will Return More Than $13 Million to Harmed Investors The Securities and Exchange Commission announced that two UBS advisory firms have agreed to settle ...
China’s stock market is on fire. That’s not a typo
October 20th, 2015
China’s stock market is in the midst of a reverse Isaac Newton moment. What goes down, must come back up. Way up actually. The Shanghai Composite has soared 11% so far in October after its dramatic 34% plunge between June and ...
Ex-Rabobank Trader Says `Libor Time’ Was Call to Fix Rates
October 20th, 2015
Second former trader testifying against colleagues at trial Libor tied to more than $350 trillion of loans and securities “It’s Libor time.” That was the call ahead of Rabobank Groep’s daily morning Libor submission as bank employees gathered to rig ...
Deutsche Bank Error Sent $6 Billion to Fund in June, FT Reports
October 20th, 2015
Deutsche Bank AG’s foreign-exchange unit mistakenly sent $6 billion to a U.S. hedge fund client in a so-called fat-finger error in June, recovering the money a day later, the Financial Times reported, citing unidentified people familiar with the matter. A ...
Morgan Stanley’s trading rout sets grim tone for fourth quarter
October 20th, 2015
Morgan Stanley on Monday warned that there was little hope for a quick turnaround in its key trading business given the persistence of global growth concerns that helped pummel the bank’s third quarter earnings. Chief Executive James Gorman was ...
U.S. Stocks Steady, Despite Pressure From Lower Oil Prices
October 20th, 2015
Energy shares tumble on concerns about higher production in Iran, China’s economy U.S. stocks edged higher Monday, though a slump in energy shares kept a lid on the gains. The Dow Jones Industrial Average inched up 14.57 points, or ...
The 5 Biggest Market Events of 2015 So Far
October 19th, 2015
2015 has certainly been an interesting year as far as the world of finance is concerned. The markets have undoubtedly seen some tumultuous times, particularly in recent months, so today we’re going to look at the five biggest market ...
