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Goldman to face Libya’s sovereign wealth fund in court over trades

19/08/2014(0)
Goldman Sachs (GS.N) and Libya’s sovereign wealth fund are set to meet in a London court over claims the Wall Street bank exploited a position of trust by encouraging ... Read More
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SEC charges Former Bank Executive and Friend With Insider Trading

19/08/2014(0)
The Securities and Exchange Commission (SEC) has charged a former bank executive in Massachusetts and his friend with insider trading in advance of the bank’s acquisition of another financial ... Read More
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PWC fined $25m regarding Bank of Tokyo consult issues

19/08/2014(0)
PWC has been fined $25m (£15m) and banned from some consulting work for two years by New York State’s financial regulator because of misconduct during work at Bank of ... Read More
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Lehman Brothers pension scheme payout agreed

19/08/2014(0)
Members of the Lehman Brothers Pension Scheme will receive their benefits in full after a £184m settlement was reached in the six-year legal battle that followed the firm’s insolvency. ... Read More
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OSC warns against unlicensed firm

19/08/2014(0)
The Ontario Securities Commission (OSC) has become aware of an unlicensed firm and therefore has issued a warning against the firm to protect potential traders. OSC informs investors that ... Read More
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Billionaire Named in Suit Against Anti-Iran Group

19/08/2014(0)
A billionaire Wall Street commodities investor has been drawn into a court fight against one of the nation’s most influential anti-Iran advocacy groups. The fight stems from a defamation ... Read More
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U.S. Stocks Up on Ukraine Talks

19/08/2014(0)
U.S. stocks rose, with the Nasdaq Composite Index climbing to a 14-year high, as tensions eased over global conflicts. Dollar General Corp. rallied on merger activity. Ukrainian Foreign Minister ... Read More
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More gloom ahead for FX dealers in next two years

19/08/2014(0)
Consultancy paints a far from rosy picture for the FX market in the years ahead as technology investment takes centre stage. Foreign exchange revenue and front-office headcount at banks ... Read More
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Microsoft Cloud Service Azure Experienced Global Outage

19/08/2014(0)
Microsoft Corp. (MSFT)’s Azure cloud-computing service, a critical part of Chief Executive Officer Satya Nadella’s plan to remake the software company, experienced a major global outage yesterday that lasted ... Read More
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Tax Burden in U.S. Not as Heavy as It Looks, Report Says

19/08/2014(0)
For years, chief executives have complained bitterly about the United States corporate tax code, arguing that it is too complicated and that rates are too high. The issue has ... Read More
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