Search Results for: law
Deutsche Bank Convicted With Trader for Korea Stock Manipulation
January 26th, 2016
Employee gets five-year jail term for causing 2010 Market Rout Bank is fined for role in erasing $23 billion in share values Deutsche Bank AG’s South Korean brokerage unit and one of its employees were convicted of manipulating share ...
J.P. Morgan to Pay $1.42 Billion to Settle Most Lehman Claims
January 26th, 2016
Deal doesn’t resolve all of failed investment bank’s claims against J.P. Morgan J.P. Morgan Chase & Co. has agreed to pay the remnants of Lehman Brothers Holdings Inc. $1.42 billion in cash to settle most of the failed investment bank’s ...
Osborne: India to liberalise legal services
January 25th, 2016
George Osborne today announced a raft of trade deals with his counterpart in India that include opening up the country’s legal market to foreign lawyers. The chancellor and Indian Finance Minister Arun Jaitley have reached a number of agreements ...
Google tax deal labelled ‘derisory’, as criticism grows
January 25th, 2016
An agreement for US firm Google to pay £130m in UK back taxes has been labelled as “derisory” and a “sweetheart deal” by critics. The payment covers money owed since 2005 and follows a six-year inquiry by Her Majesty’s ...
Six Banks Negotiating Settlement in Swiss Libor Probe
January 25th, 2016
Swiss regulator: `We won’t go for a settlement at any price’ Settlement would resolve one of few remaining Libor probes At least six banks targeted in Switzerland’s investigation into Libor-rigging are in settlement talks with the country’s competition regulator, ...
Out of the mouths of babes…
January 22nd, 2016
Parents will tell you the most difficult questions to answer sometimes come from their children. Here are some apparently innocent questions to ask of economists, journalists, financial commentators and central bankers, which are designed to expose the contradictions in ...
S.Korean antitrust agency probes Volkswagen over emissions ads
January 22nd, 2016
South Korea’s antitrust regulator is probing Volkswagen AG over its advertising claims on emissions from its cars, an official at the agency told Reuters on Friday. The Fair Trade Commission official said a probe is under way without elaborating. ...
CySec announced that a Cyprus Investment Firm renounced its CIF licence
January 21st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 9th December 2015, the CIF SA&PM (Cyprus) Limited, which provided investment services via the domain www.sapm.com.cy, renounced its authorization pursuant to section 24(1)(b) of the Investment Services ...
CNMV Spain warns on unregistered financial services firms
January 21st, 2016
The regulatory body of the Spanish Stock Market, Comision Nacional del Mercado de Valores (CNMV), has issued a press release to inform public in relation with financial services firms that are not authorised to provide investment services in Spain ...
Legal fight over the shape of the iPhone
January 21st, 2016
Tech Giants Back Samsung at Supreme Court in Apple Patent Fight A legal fight over the shape of the iPhone could have big repercussions, a tech industry trade group warns. A trade group for Google, Microsoft, and other big ...
