Credit Suisse plans trading floor for Dublin
November 16th, 2015
Swiss bank wants to move 40 traders and 60 support staff to Ireland as part of a cost-cutting drive Credit Suisse is on course to become the first international bank to set up a major trading floor in Dublin. The ...
Activist investor takes 6% stake in LPL Financial, sending stock higher
September 23rd, 2015
Marcato Capital says shares of the independent broker-dealer are undervalued at current levels An activist hedge fund investor on Tuesday afternoon said it had taken a 6.3% stake in LPL Financial Holdings Inc., sending the independent broker-dealer’s stock price ...
Gain Capital’s GTX Expands Its Global Team With Senior Sales Hires
August 17th, 2015
GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, announced that GTX, its institutional forex business, has hired two senior executives to its global sales team as the firm looks to further strengthen and expand ...
Visa joins firms betting on technology behind Bitcoin
August 13th, 2015
Move comes at a time when banks around the world are looking at ways to use the technology to make transactions more efficient and secure Visa Inc. will soon have a team of engineers at its Bengaluru office to ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Google Is Developing Its Own Uber Competitor
February 3rd, 2015
The two companies are going to war over self-driving taxis. Uber faces an ever-growing cast of adversaries that includes dubious regulators, litigious drivers, hostile members of the press, and somewell-funded rivals. But the most significant threat to the app-based transportation company may be ...
Argentine’s debt must be paid to holdouts
July 29th, 2014
Argentina’s battle in courts for over a dozen of years against the claims of holdout investors in its defaulted debt, did not turn out positively. The holdouts, led by Paul Singer’s Elliott Capital Management and Mark Brodsky’s Aurelius Capital ...
Six banks sued over trustee roles
June 19th, 2014
A group of big investors including Blackrock and Pimco are suing six different banks including Deutsche Bank and HSBC for their role as trustees of mortgage-backed securities in the lead up to and during the financial crisis. In six ...
Dollar Strengthens as Gold Declines Before Fed Decision
March 19th, 2014
The dollar gained against most major currencies and gold fell for a third day before the Federal Reserve decides monetary policy. The ruble strengthened for a fourth day and Russian stocks fell as the nation pushed on with the ...
