November 08, 2017 BY Valentina Kirilova

Five individuals charged in foreign bribery scheme involving Rolls-Royce Plc

US Department of Justice informed that charges were unsealed today against two former executives of Rolls-Royce plc (LON:RR) and its subsidiaries (Rolls-Royce), a former Rolls-Royce employee, a former intermediary for Rolls-Royce in Kazakhstan and an executive of an international engineering consulting firm – all for their alleged participation in a scheme to pay bribes to…

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avelacom
November 08, 2017 BY Valentina Kirilova

Avelacom expands connectivity services to access Australia’s capital markets

Avelacom, a global provider of connectivity and IT infrastructure solutions, announced that it has launched a new point of presence (PoP) in the Australian Security Exchange’s (ASX) Australian Liquidity Centre (ALC), Australia’s only data centre dedicated to the financial markets community. The initiative is designed to meet the rising needs of proprietary trading desks and…

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asic afs license
November 08, 2017 BY Valentina Kirilova

ASIC cancels AFS licenses of Divitiarum Audax Pty Limited and Mackellar Financial Services

ASIC announced that it has cancelled the Australian financial services (AFS) license of NSW-based Divitiarum Audax Pty Limited (Divitiarum Audax) and suspended the AFS licence of NSW-based Mackellar Financial Services Pty Ltd (Mackellar). Mackellar's AFS license has been suspended from 31 October 2017 until 30 April 2018for failing to lodge financial statements and auditor's reports…

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Three Individuals involved in boiler room scheme, charged with binary options fraud
November 07, 2017 BY LeapRate Staff

Paid-to-Click scam warning issued by the SEC

The U.S. Securities and Exchange Commission is warning investors to beware of online “paid-to-click” scams that promise an easy payday by merely purchasing a membership or an advertising product up front and then clicking on a certain number of online ads each day. The SEC’s investor alert explains that these online advertising programs may have little…

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November 07, 2017 BY Mariela Naydenova

The world's first traceable coffee - blockchain revolution

After blockchain found numerous applications in industries such as real estate and healthcare, the food and beverage industry is also being disrupted by the technology. Bet365, a company that creates technologies to streamline  supply chains in various emerging economies, has just announced that it had lended two  programs with three partners in Africa, Europe and North America…

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November 07, 2017 BY Mariela Naydenova

Indian companies going out on a limb with blockchain

India seems to be going out on a limb with the technology of blockchain, since many Indian companies are now using it for improvement of various services and products. The India Times reported that Bajaj Finserv, the holding company of Bajaj Group's NBFC and insurance firms, is using blockchain technology for services like travel insurance, for…

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State Street Corp offices
November 07, 2017 BY Valentina Kirilova

State Street implements leadership succession plan

Jay Hooley to Retire as CEO by End of 2018; Vice-Chairman Ron O’Hanley to Succeed Hooley as CEO and is Appointed President & COO State Street Corporation (NYSE: STT) today announced that Jay Hooley will retire as CEO by the end of 2018 after more than 30 years with the company and will remain as…

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November 07, 2017 BY Valentina Kirilova

Adaptive Insights extends platform for financial and operational planning

Adaptive Insights, the cloud corporate performance management (CPM) company, announced that it has extended its platform for financial and operational planning, capping a year of innovation and accolades for its Adaptive Suite. The third major software release of the year, Adaptive Suite 2017.3, brings new features and functions that continue to deliver on the company's…

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