Monthly Archives: July 2016
SEC: State Street Misled Custody Clients About Prices for Foreign Currency Exchange Trades
July 27th, 2016
The Securities and Exchange Commission today announced that State Street Bank and Trust Company has agreed to pay $382.4 million in a global settlement for misleading mutual funds and other custody clients by applying hidden markups to foreign currency ...
TechFinancials is terminating the agreement with IBID for manage one of its B2C binary options trading brands
July 27th, 2016
TechFinancials plc has issued an announcement to inform regarding the termination of the agreement with IBID Holdings Limited. According to the Company release, TechFinancials announces that further to entering into a Joint Venture agreement with IBID Holdings Limited (‘Partner’), ...
Yen Plunges and Japan Stocks Rebound on Stimulus Bets; Oil Sinks
July 27th, 2016
Aussie jumps after inflation data, before reversing gains U.S. stock-index futures climb on Apple’s after-market rally The yen dropped as Japan’s Prime Minister was reported to commit to a $265 billion stimulus package. Chinese stocks tumbled and crude oil ...
Visa Europe Partners for Bitcoin Micropayments Trial
July 27th, 2016
Bitcoin micropayments startup SatoshiPay is developing a new proof-of-concept with Visa Europe’s innovation unit. Work on the project was first disclosed earlier this year, when Visa Europe Collab said that it was exploring bitcoin micropayments for connected devices. At the ...
Leading London based accounting firm announces investment by HgCapital a private equity firm
July 27th, 2016
Blick Rothenberg, a leading provider of accounting, audit and tax services based in the United Kingdom, has announced today an investment by HgCapital, which will sit within HgCapital’s Services sector. The terms of the transaction were not disclosed. Founded ...
Law firm’s bank account linked to stolen Malaysian $1bn
July 27th, 2016
Shearman & Sterling has unwittingly become caught up in the biggest ever asset seizure by the US Department of Justice’s anti-corruption unit. According to civil filings to the United States District Court in Los Angeles, the law firm held ...
Monex Group reported preliminary figures of consolidated financial results
July 27th, 2016
Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) reported the following preliminary consolidated financial results of Monex Group, Inc., for the 1st quarter of the fiscal year ending March 31, 2017 prepared in accordance with ...
TSYS Reports Second Quarter Earnings Including TransFirst
July 27th, 2016
TSYS (NYSE: TSS) reported results for the second quarter of 2016. Highlights for the second quarter of 2016 include: Total revenues were $1.2 billion, an increase of 66.3% over last year’s $692.7 million. Net revenue, which excludes reimbursable items, ...
CFTC announced an award of approximately $50,000 to a whistleblower
July 27th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today announced an award of approximately $50,000 to a whistleblower who voluntarily provided key original information that led to a successful CFTC enforcement action. The award is the fourth award made by ...
Europe eyes higher open ahead of Fed decision
July 27th, 2016
European stocks are expected to open higher on Wednesday ahead of the latest monetary policy decision from the U.S. Federal Reserve. The London FTSE index is expected to open 14 points higher at 6,738, the German DAX up 62 points at 10,310 and ...
