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Bernie Madoff’s Accountant Paul Konigsberg Pleads Guilty to Falsifying Records and Conspiracy

25/06/2014(0)
Fraudster Bernard Madoff’s former accountant Paul Konigsberg pleaded guilty to helping the convicted financier with his Ponzi scheme by falsifying records. “I’m here today to take responsibility for what ... Read More
CySEC

CySec warning against unauthorised firm

25/06/2014(0)
The Cyprus Securities and Exchange Commission (CySec) has published a press release informing  the investors that the company ‘BDB Services Ltd’  (https://www.australia.bancdebinary.com and https://www.bbinary.com): 1. Is not permitted to ... Read More
Bank Machine

Singapore to Require Banks to Hold Liquid Assets for Crises

25/06/2014(0)
Banks in Singapore will soon be required to keep certain amounts of easy-to-sell assets on hand in the country to support themselves in times of stress. The new liquidity ... Read More
oil

U.S. Ruling Loosens Four-Decade Ban On Oil Exports

25/06/2014(0)
The Obama administration cleared the way for the first exports of unrefined American oil in nearly four decades, allowing energy companies to start chipping away at the longtime ban ... Read More
credit_suisse

US court fines Credit Suisse trader over bond prices

25/06/2014(0)
A New York court has fined a former UK-based Credit Suisse trader for his role in artificially inflating bond prices. David Higgs was spared prison, which was the fate ... Read More
case

Andy Coulson guilty over phone hacking as Rebekah Brooks walks free

24/06/2014(0)
David Cameron’s former communications chief Andy Coulson is facing jail after being found guilty of conspiring to hack phones while he was editor of the News of the World. ... Read More
Cyprus Securities and exchange commission (cysec)

CySec: acquisition of Administrative Services Providers (ASP) licence

24/06/2014(0)
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that “Waidelotte Directors Limited” has successfully obtained the CySec licence to operate as Administrative Services ... Read More
s&p1

S&P to face legal challenge from councils

24/06/2014(0)
Ratings agency Standard Poor’s has failed to avoid a legal battle with 91 councils, church groups and charities over investments that went bad during the global financial crisis. The ... Read More
Japan Business

Japan reveals plans to cut corporate tax to below 30%

24/06/2014(0)
Japan has unveiled plans to cut the country’s corporate tax to below 30% in several stages starting next year. The move is part of Prime Minister Shinzo Abe’s plan ... Read More
traders-us

Don’t Shortchange Short Sellers

24/06/2014(0)
More finance journalists and industry people should go to academic conferences. There is a lot of good stuff to learn. Case in point: I recently attended the Western Finance ... Read More
Broker Cyprus TopFX