Northern Trust Corp. (NTRS), the third-biggest independent custody bank, said it received a subpoena from the U.S. Securities and Exchange Commission in April related to the company’s securities lending. ... Read More
Pair’s Outlook There was only a brief rally yesterday during which USD/CHF closed a bearish gap—nothing critical was altered by this behaviour of the pair. The bias therefore remains ... Read More
Invesco Perpetual (IPE) was fined 18.6 million pounds ($31.3 million) for failing to comply with risk limits or tell clients about the use of derivatives as leverage in their ... Read More
Pair’s Outlook The strong upward impulse seen yesterday confirmed that USD/JPY still deserves a bullish outlook. Now the pair is facing the 100-day SMA and monthly PP. Last week ... Read More
A fraud case against a former vice president of China North East Petroleum Holdings Ltd. ended in a mistrial after jurors failed to agree on charges that he was ... Read More
Recognizing that taxpayers are exploiting the rules in ways it had not intended, the IRS on Friday announced that it will amend the existing regulations on cross-border reverse triangular ... Read More
Asian stocks swung between gains and losses as investors weighed corporate earnings and after U.S. equities advanced. China Petroleum & Chemical Corp. slid 1.3 percent in Hong Kong after ... Read More
Deutsche Bank AG (DBK), Europe’s largest investment bank by revenue, said first-quarter profit declined less than expected as trading revenue exceeded analysts’ estimates. Net income dropped 34 percent to ... Read More
US President Barack Obama says that a new US-Philippine military pact will promote stability in the region. The deal, signed in Manila hours before Mr Obama touched down, allows ... Read More
China has opened a currency trading center, the first of its kind in the country, on the China- Vietnam border to end rampant illegal private forex trading. The ASEAN ... Read More
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