Daily Archives: 09/08/2016
Greek police arrest 24 in crackdown on tax-dodging cashless gadgets
August 9th, 2016
Greek authorities said on Monday they had arrested 24 people in a crackdown on about 1,000 small businesses suspected of dodging capital controls and value-added tax by using cashless card-processing terminals linked to banks in Bulgaria. Authorities said hundreds ...
Feds to auction $1.6 million in bitcoin
August 9th, 2016
The federal government will sell roughly $1.6 million worth of bitcoins recovered by law enforcement operations, the U.S. Marshals Service said on Monday. The block of around 2,700 bitcoins — a digital currency — will be sold in late ...
Australian Bank Invests $50 Million into Fintech
August 9th, 2016
As it continues the hunt for the most promising Australian fintech startups, Sydney-based venture capital firm Reinventure has closed a fund with the backing of Westpac. So what is in it for the bank? For the bank, the fund ...
Barclays reaches $100M Libor settlement
August 9th, 2016
Barclays Bank PLC (BCS) has agreed to pay $100 million to settle allegations that its manipulation of a global financial benchmark defrauded government entities and non-profit groups across the U.S. Announced Monday, the settlement includes $93.35 million for restitution to victimized groups that agree to opt in and issue releases ...
FINRA Fines Deutsche Bank Securities Inc. $12.5 Million for Inadequate Supervision of Internal Communications
August 9th, 2016
The Financial Industry Regulatory Authority (FINRA) today announced it has fined Deutsche Bank Securities Inc. $12.5 million for significant supervisory failures related to research and trading-related information it disseminated to its employees, called ‘hoots’ or ‘squawks,’ over internal speakers ...
Asia shares up as yield hunt drives record flows, pound slips
August 9th, 2016
Asian shares stood atop one-year peaks on Tuesday as investors’ desperate search for yield drove a record inflow into emerging market funds, while the pound slipped to one-month lows on speculation of further policy easing in the UK. Analysts ...
Tuesday, August 09: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
August 9th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for August 09. Gold Open 1341.20, High 1343.90, Low 1335.30, Close 1341.30, -0.23% Changed. Silver Open 19.55, High 19.89… View table below
Tuesday, August 09: OSB G10 Currency Pairs Cheat Sheet & Key Levels
August 9th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for August 09. EURUSD Open 1.1077, High 1.1105, Low 1.1072, Close 1.1086, 0.03% Change. GPBUSD Open 1.3070 High 1.3096… View table below
