The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Oxford Capital Partners. 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…
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The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), today published its first Enforcement Newsletter. The newsletter will be published twice a year, and will include news and updates on the enforcement work undertaken by the Exchange. This issue covers the first six months of 2017…
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The following article was written by Oskar Pecyna, CEO of IFM Trade. Blockchain and Cryptocurrencies are a hot topic recently being widely discussed in the mainstream media. While Ether and Bitcoin are being purchased mainly by individual investors, the combined value of all Ether and Bitcoin is now worth more than the market capitalisation of…
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The Securities and Exchange Commission (SEC) has announced that is giving away a record $61 million award to two whistleblowers for helping make the case that JPMorgan Chase & Co. (NYSE:JPM) failed to disclose to wealthy clients that it was steering them into investments that would be most profitable for the bank, Bloomberg shared yesterday. The…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). ECB just winked to the hawks The European Central Bank (ECB) will not discuss about what to do with its Quantitative Easing (QE) program until the end of summer. President Mario Draghi said that…
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LeapRate Exclusive... LeapRate has learned that Australia based Retail FX and CFDs broker Pepperstone has taken another major step in re-opening its FCA regulated UK arm, Pepperstone Limited, hiring a new Head of UK Compliance in the person of Zack Ioannou. Zack Ioannou joins Pepperstone from GCM Prime, where he has also been the designated compliance…
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BNP Paribas Asset Management (BNPP AM) announced the appointment of Sandro Pierri as Global Head of Client Group, its worldwide Sales and Marketing organisation. Sandro Pierri will report to Frédéric Janbon, BNPP AM’s Chief Executive Officer, and will be a member of the firm’s Executive Committee. He will join BNPP AM in September 2017 and…
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Singapore Exchange (SGX) announced that today has welcomed Union Gas Holdings Limited to Catalist under the stock code “1F2”. Union Gas Holdings Limited is an established provider of fuel products in Singapore, with a strong heritage of over 40 years and trusted brand names “Union” and “Cnergy” under its management. It is one of the…
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Klarna Bank AB just announced that an investment partnership advised by Permira will acquire a strategic equity stake in the company. Klarna a fast growing bank, providing easy to use payment solutions and currently serving 60 million consumers and 70.000 merchants. Permira is a global investment firm which advises funds and accounts with a total…
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The Board of payments services company Paysafe Group Plc (LON:PAYS) confirmed today that it has received a preliminary, conditional proposal from funds managed by Blackstone (NYSE:BX) and funds managed by CVC Capital Partners (such funds together, the Consortium) regarding a possible all cash offer for the entire issued and to be issued share capital of…
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