Hong Kong Asset Management Reaches Another Record Level
July 23rd, 2015
The Securities and Futures Commission (SFC) has released its annual survey, which showed the combined fund management business in Hong Kong sustaining another year-on-year increase to reach a record high at the end of 2014 of almost HKD17.7 trillion ...
Justice Department Announces Two Banks Reach Resolutions under Swiss Bank Program
July 10th, 2015
Banque Pasche SA Will Pay $7.229 Million Penalty and ARVEST Privatbank AG Will Pay $1.044 Million Penalty; Both Continue to Cooperate With Department of Justice The Department of Justice announced today that two banks, Banque Pasche SA and ARVEST ...
FSMA Warnings: Providers of binary options and forex products
July 7th, 2015
The Financial Services and Markets Authority (FSMA) once again warns the public against the activities of various providers of / intermediaries in binary options and/or forex products which engage in unauthorized activities in Belgium. Some of these providers are, ...
Time for state energy companies in Middle East to rethink overseas strategies
July 6th, 2015
The long, hot summer is usually a quiet period in the Arabian Gulf. But this season marks some dramatic changes for Middle East state energy companies and their overseas ventures. The falling oil price creates opportunities for some, problems ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
HSBC and JP Morgan may relocate parts of their business to Luxembourg from UK
June 16th, 2015
HSBC Holdings Plc (HSBA.L) and JPMorgan Chase & Co (JPM.N) are in talks to relocate parts of their businesses to Luxembourg from the UK as they weigh the possibility of a British exit from the European Union, the Times ...
Fast Facts about the Debt Crisis in European Countries
June 11th, 2015
Here’s a look at the European Debt Crisis which has affected the countries of Cyprus, Greece, Ireland, Italy, Portugal and Spain. Cyprus: July 11, 2011 – A munitions explosion at a naval base kills 13 people and destroys the ...
G7 finance chiefs discuss growth risks, urge deal on Greece
May 28th, 2015
* Growth worries top agenda for G7 finance chiefs * Market volatility adds to risks for global recovery * G7 officials discussing Greece on sidelines of talks * U.S. presses Europe, IMF to show flexibility on Greece * IMF, ...
It Is Mathematically Impossible To Pay Off All Of Our Debt
May 25th, 2015
Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt? Today, the debt of the federal government exceeds $145,000 ...
Bank parents or main units seen pleading guilty over FX: sources
May 12th, 2015
The parent companies or main banking units of as many as five major banks, rather than their smaller subsidiaries, are expected to plead guilty to U.S. criminal charges over manipulation of foreign exchange rates, people familiar with the matter ...
