Saudi Aramco To Launch The World’s Biggest IPO In November
Though Saudi Aramco recently took a hit from a refinery bombing, it is not stopping the company from going ahead with its big initial public offering (IPO) which official announcements set to take place next week. This much awaited IPO
Read MoreSwiss Banks Cooperate To Help India Fight Black Money
India has been facing a crisis with the billions of dollars in black money flowing out of the country. Indian citizens have been trying to evade tax collection efforts by putting it in off-shore accounts in multiple tax havens. Switzerland
Read MoreSix Institutions Fined By CFTC For Swap-Dealer Rules Violations
The Commodity Futures Trading Commission (CFTC) has just fined some of the biggest financial institutions around the world over their reported failures. The six institutions who have been slapped with fines are HSBC Bank USA, N.A., The Northern Trust Company,
Read MoreLondon Leading The Fintech Race Surpassing The US
Though the UK is still in the middle of its Brexit-fueled chaos, London is still able to deliver when it comes to financial investments. London & Partners and Innovate Finance carried out research which showed that London has overtaken New
Read MoreBCC Say Britain Facing Prolonged Investment Slump
The world economic slowdown and the US-China trade war has resulted in rocky economic weather for the UK. It does not help that the UK is also facing the danger of Brexit amidst political tensions. The result is that the
Read MoreBEAC Issues Tougher FX Rules To Curb Money Laundering
The Banque des États de l’Afrique Centrale (BEAC) has been in a crisis state now when it comes to forex and money laundering. The BEAC recently issued new rules to control both these activities but the new laws have upset
Read MoreUK Banks To Compensate Fraud Victims Through New Levy
Bank transfer fraud has become a serious problem in the United Kingdom for banks in the country to come out with a proposal to address this issue. The proposal is to impose a transaction fee on their customers that will
Read MoreBinary Options Firms Face $103m Lawsuit From CFTC
The Commodity Futures Trading Commission (CFTC) filed a case recently against several binary options firms. This was made public by the Commission earlier this week when they named the companies who would be facing legal action. This companies that are
Read MoreNYSE Trading To Get A Revamp With Project Pillar
The New York Stock Exchange (NYSE) was once one of the biggest and most popular stock exchanges in the United States. The NYSE had some of the biggest listed companies and its trading volumes in the 1990s surpassed all the
Read MoreCapital One Data Breach Puts Millions Of Customers At Risk
Capital One, one of North America’s biggest credit card companies has confirmed that they experienced a major data breach. The breach affects over 100 million customers across the United States and Canada. The information stolen included Social Security numbers and
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