China has granted Aberdeen Asset Management (‘Aberdeen’), the UK-based asset manager, a Wholly Foreign-Owned Enterprise (WFOE) business licence. The announcement comes as UK Chancellor of the Exchequer, George Osborne, ... Read More
Preliminary probe said to find evidence of insider trading Citic says it hasn’t been notified on nature of investigation A Chinese probe found evidence that Citic Securities Co., the ... Read More
State and federal agencies are investigating an Arcadia-based company that is facing allegations from investors that it swindled them out of hundreds of thousands of dollars, and may have ... Read More
Series B funding to accelerate growth. Strategic investment made through Euclid Opportunities, ICAP’s early stage fintech funding business ICAP plc (IAP.L), a leading markets operator and provider of post ... Read More
Shares drop most in almost seven years in trading on Monday CEO said on Sunday he’s “deeply sorry” for broken trust Volkswagen AG dropped the most in almost seven ... Read More
The People’s Bank of China has ordered banks to closely scrutinize clients’ foreign exchange transactions to prevent illicit cross-border currency arbitrage, sources with the direct knowledge of the matter ... Read More
S&P places firm on credit watch with negative implications Citic said Tuesday three staff members under investigation Standard & Poor’s placed China’s largest brokerage Citic Securities Co. on a credit watch ... Read More
FXCM Inc. (NYSE:FXCM) today announced certain key customer trading metrics for August 2015 for its retail and institutional foreign exchange business. Monthly activities included: August 2015 Customer Trading Metrics ... Read More
Asian stocks advanced on Thursday, as investors eyed gains in oil prices and the positive lead from Wall Street. However, trade volumes could stay light as investors await the Federal ... Read More
The People’s Bank of China said Monday it would allow foreign central banks to trade in the country’s foreign-exchange market, echoing a promise made by Chinese Premier Li Keqiang ... Read More
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