The UK Financial Conduct Authority (FCA) has put out details of the cloned firm SCBCUSGROUPS.COM. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…
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HBUS, the U.S. strategic partner of Huobi, the blockchain asset solutions provider, has just announced Tiffani McCoy as General Counsel. McCoy previously served as the Assistant General Counsel at Intuit, where she drove new business initiatives while helping the company navigate complex regulatory frameworks on a global scale. Before Intuit, McCoy held leadership positions at…
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LeapRate Exclusive... LeapRate has learned that Nick Cooke has resigned his position as Managing Director of FCA regulated Retail FX brokerage Global Markets Group Limited (or GMG). Mr. Cooke had been with GMG since the company's formation in 2015, joining from LCG where he was Head of Private Client Sales & Partnerships. He had also previously worked…
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Fixed income traders using Refinitiv’s flagship financial desktop product Eikon now have greater choice and efficiency, and enhanced liquidity access with the integration of iQbonds from valantic Trading Solutions AG. iQbonds can be seamlessly integrated into a trader’s workflow using the Refinitiv Side by Side Integration API, enabling traders to make fast, efficient, and informed…
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Attorney General Barbara D. Underwood has announced that Wells Fargo & Company will pay a $65 million penalty following the Attorney General’s investigation into the bank’s fraudulent statements to investors in connection with its “cross-sell” business model, related sales practices, and the bank’s publicly reported cross-sell metrics. The misconduct at Wells Fargo was widespread across…
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The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at Credit Financier Invest (CFI) Ltd. Over the last few days, Newton’s law of action-reaction explains the nature relationship between Gold and US equity markets, as the panic on Wall Street and globally sent equities falling and gold surging higher on…
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Payments Canada, the Bank of Canada, TMX Group (TSX:X), Accenture (NYSE: ACN) and R3 have published a report demonstrating the feasibility of clearing and settlement of securities using distributed ledger technology (DLT). The findings are a result of the third phase of Project Jasper, a collaborative research initiative between Payments Canada, the Bank of Canada and…
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TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), has just announced an expansion of its strategic collaboration with ITG. TS customers will now benefit from access to ITG’s POSIT Alert, a source of block liquidity for institutional investors. POSIT Alert averages daily liquidity of over $80 billion across 38 markets worldwide.…
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The bond subscription of paragon GmbH & Co. KGaA (ISIN: DE000A2NBZK1) has started today via the Frankfurt Stock Exchange and is estimated to last until 25 October, Deutsche Börse Cash Market has informed earlier today. The bond is expected to be listed in the Scale segment for corporate bonds at the Frankfurt Stock Exchange on…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm First 4 London trading as Blue Sky Loans. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details…
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