Daily Archives: 14/10/2016
Deutsche Bank Is Said to Begin Companywide Hiring Freeze
October 14th, 2016
Deutsche Bank has instituted a company wide hiring freeze as the embattled lender looks to speed up efforts to reduce costs and regain the confidence of investors as concerns mount about the progress of its turnaround, according to a person ...
Italy court accepts Monte dei Paschi settlement request: source
October 14th, 2016
An Italian court accepted a request from Banca Monte dei Paschi di Siena (BMPS.MI) to settle a case revolving round alleged financial crimes by former managers, a source said on Friday. The settlement with Monte dei Paschi involves the ...
Over 8 million Bitcoin wallets left inaccessible as Blockchain.info hit with DNS hijack
October 14th, 2016
Blockchain.info, one of the most popular online Bitcoin wallet services in the world, was forced to take its service offline this week (12 October) after suffering a DNS hijack that left its 8 million-strong userbase vulnerable to cyberattack. The ...
Russia Suspends U.S. Auditor Deloitte
October 14th, 2016
U.S auditing company Deloitte has been sanctioned by Russia‘s Federal Treasury, the Kommersant newspaper reported Wednesday. The Russian Treasury suspended Deloitte and Touche CIS from Russia’s self-regulatory Auditing Chamber of Russia, preventing the company from taking part in tenders or entering into new contracts for ...
Red alert: Prepare for severe stock market crash, warns HSBC
October 14th, 2016
The technical analysis team at HSBC is warning recent stock market moves look eerily similar to just before 1987’s ‘Black Monday’, which saw the largest one-day market crash in history. On October 19, 1987, the Dow Jones Industrial Average ...
CLS published Monthly volumes and values for September 2016
October 14th, 2016
FX settlement services provider CLS has issued a report to publish its Monthly Data for September 2016. According to the company, total input volumes1 and values are as below: The average daily input volume submitted to CLS, combining the ...
GMO CLICK reports Monthly Operating Revenues for September 2016
October 14th, 2016
GMO CLICK Holdings, Inc. released the following monthly preliminary report of consolidated operating revenue for September 2016. Preliminary figures described below are subject to change. * All amounts rounded down to the nearest million yen. Source: GMO ...
Saudi Arabia, SoftBank aim to be world’s No. 1 tech investor with $100 billion fund
October 14th, 2016
Saudi Arabia and Japan’s SoftBank Group (9984.T) will create a technology investment fund that could grow as large as $100 billion, making it one of the world’s largest private equity investors and a potential kingpin in the industry. The ...
FINRA advice to read your brokerage account statement
October 14th, 2016
Recently, the Financial Industry Regulatory Authority (FINRA) imposed a fine of $850,000 on a firm with thousands of employees for failing to detect for two years that a single broker had taken more than $370,000 from five customer brokerage ...
Goldman Sachs introduced an online platform offering unsecured personal loans to consumers
October 14th, 2016
Goldman Sachs launches new online personal loan platform; Marcus Goldman Sachs focuses on helping people manage credit card debt The Goldman Sachs Group, Inc. (NYSE: GS) today introduced Marcus by Goldman SachsTM, an online platform offering unsecured personal loans ...