Debts, Bastiat and modern economics
May 26th, 2017
Debts, Bastiat and modern economics There is a well-worn conundrum told about a stranger, who walks into the hotel in a remote, sleepy village in Mexico, and reserves a room for the night, paying 1,000 pesos in advance. The ...
US Court upholds injunction blocking Trump’s travel ban
May 26th, 2017
The US Court of Appeals for the Fourth Circuit on Thursday upheld an injunction against President Donald Trump’s travel ban that targets six Muslim-majority countries. The ban, announced in March, was the second version of a travel prohibition preventing ...
Senior Money Laundering Compliance Officer
May 25th, 2017
Senior Money Laundering Compliance Officer Reference Number: SML1017 The position: We are looking for an analytical and meticulous professional to join our Compliance team. The main responsibilities of the position include: Working closely with the Head of Compliance and ...
What is the FX Global Code?
May 25th, 2017
The FX Global Code (Global Code) is a set of global principles of good practice in the foreign exchange market, developed to provide a common set of guidelines to promote the integrity and effective functioning of the wholesale foreign ...
Legal recruitment firm looks to expand globally
May 25th, 2017
Mlegal, a legal recruitment firm, has issued an announcement to inform that the firm adds top recruiting talent to support global expansion plans. According the announcement: Mlegal, a premier national legal search firm, announced today that four highly regarded ...
BNP Paribas to pay a $350 million fine for illegal conduct in Forex trading
May 25th, 2017
DFS fines BNP Paribas $350 million for illegal, unsafe and unsound conduct in connection with BNPP’s foreign exchange trading business Foreign Exchange “Cartel” Manipulated Foreign Exchange Rates, Engaged in Collusion, Executed Fake Trades, Coordinated Trading to Enhance Profits at ...
Uber is paying its NYC drivers ‘tens of millions’ because of an accounting error that underpaid them for years
May 24th, 2017
An accounting mistake means that Uber has been short-changing its drivers in New York City for years. On Tuesday, the company announced that it will be repaying drivers “tens of millions” after it took more than its share of ...
Sullivan & Cromwell to open Brussels office with antitrust hire
May 22nd, 2017
Sullivan & Cromwell, the US corporate law firm, has poached a senior European competition lawyer to open its first new office in nearly two decades based in Brussels. Michael Rosenthal is joining S & C as partner to work ...
Federal Reserve imposes $1.2 million fine and permanent ban on employment against former Barclays Bank PLC employee
May 22nd, 2017
The Federal Reserve Board on Friday announced that it has imposed a $1.2 million fine and a permanent ban on employment in the banking industry against Christopher Ashton, the former Global Head of Foreign Exchange (FX) Spot Trading at ...
SEC Charges Fake Filer With Manipulating Fitbit Stock
May 22nd, 2017
The Securities and Exchange Commission today filed fraud charges against a Virginia-based mechanical engineer accused of scheming to manipulate the price of Fitbit stock by making a phony regulatory filing. According to the SEC’s complaint, Robert W. Murray purchased ...
