Search Results for: DFS
Deutsche Bank probes $6 billion suspected money laundering
June 8th, 2015
Deutsche Bank AG (DBKGn.DE) is looking into possible money laundering transactions by some of its clients in Russia which could exceed $6 billion, a source familiar with the matter told Reuters on Friday. Transactions conducted over a period of ...
LCH.Clearnet launches buy-side clearing of FX derivatives in Europe
May 26th, 2015
European offering expands on ForexClear’s US client clearing model Four banks signed up as clearing brokers Variety of account structures provide end users with increased protection and asset segregation LCH.Clearnet Limited (“LCH.Clearnet”), the global clearing house, today announced ...
FCA fines Barclays £284,432,000 for forex failings
May 20th, 2015
The Financial Conduct Authority (FCA) has imposed a financial penalty of £284,432,000 on Barclays Bank Plc (Barclays) for failing to control business practices in its foreign exchange (FX) business in London. This is the largest financial penalty ever imposed ...
Global Bitcoin Exchange itBit Today Starts Accepting U.S. Customers Nationwide Through New York State Trust Company Charter
May 8th, 2015
itBit also announces $25M Series A funding and the addition of three prominent board members Global bitcoin exchange itBit today announced it is available to all U.S. retail and institutional bitcoin traders and will begin accepting U.S. customers immediately. Through a trust company ...
Deutsche Bank agrees to pay fines
April 23rd, 2015
Deutsche Bank has issued a press release to inform that: Deutsche Bank has reached a joint settlement with US and UK regulators over all of their remaining investigations into past submissions for interbank offered rates (IBOR) benchmarks. Read also: Deutsche Bank ...
New York State Superintendent of Financial Services may exclude electronic trades from FX deals
April 22nd, 2015
New York State Superintendent of Financial Services Benjamin Lawsky said evaluations of electronic trading may hold up foreign-exchange settlements for certain banks. Mr. Lawsky, speaking at a Dow Jones risk and compliance conference Tuesday, said it could take the ...
Commerzbank Announcement Regarding Sanctions and Money Laundering Violations
March 16th, 2015
Following the release that Commerzbank nears $1.4 billion-plus settlement with U.S, Commerzbank issued a press release informing that: Commerzbank has reached settlements with the Department of Justice (“DoJ”), the Treasury Department’s Office of Foreign Assets Control, the New York ...
EBS to unveil a cutting-edge, next generation integrated trading platform
February 2nd, 2015
EBS, ICAP’s market-leading electronic FX business, with an announcement today, releases that: It will be unveiling a cutting-edge, integrated trading platform cutting-edge, next generation integrated trading platform. Pushing the boundaries of FX innovation, customers will have a fully integrated ...
Tradition hires market structure experts
February 2nd, 2015
Tradition, one of the world’s largest interdealer brokers in over-the-counter commodity and financial products, has hired three experienced market structure professionals to expand its thriving hybrid and electronic businesses. John Wilson will become Managing Director within Tradition’s Strategy and ...
First Derivatives partners FTT on integrated service for FX brokers
January 26th, 2015
First Derivatives (AIM:FDP.L, ESM:FDP.I) announces a partnership with Fair Trading Technology to provide an integrated solution for retail brokers. The combined service leverages the back-end capabilities of FD’s Delta Flow platform, such as connectivity to liquidity sources, aggregation, price ...
