As provided in HKEX’s Articles of Association, any dividend unclaimed after a period of six years from the date for payment of such dividend shall be forfeited and shall revert to HKEX. Accordingly, HKEX’s interim dividend for 2010 of HK$1.89 per share, payable on September 8, 2010 and remaining unclaimed on September 8, 2016, will…
Read moreHong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read moreFiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced that Dakota Plains Credit Union, based in Edgeley, North Dakota, has selected an integrated technology suite from Fiserv. The suite includes XP2® for core account processing as well as solutions for online and mobile banking, electronic payments, statements, and card processing.…
Read moreThe Board of Directors of the National Association of forex dealers (NAFD, with former name - CRFIN) has decided to accept XTrade LLC, operating under the brand XTrade, in the NAFD, category A. XTrade Group operates in many countries. The company’s future plans include the expansion of their work in Russia and receiving forex dealer…
Read moreThe Stock Exchange of Hong Kong Limited has stated that it is minded to exercise its power to cancel the listing of the shares of China Oriental Group Company Limited under the Listing Rules. The Exchange requires that China Oriental Group Co. must have remedied the public float issue by January 27, 2017. Should the…
Read moreCoinbase has launched support for ETH after last week’s hard fork in the Ethereum network. In addition to the news, Coinbase would like to state, that since launch, the company has exclusively supported transactions and trading in ETH, not ETC. All Coinbase customers’ ETH is 100% secured in hot and cold storage, per its usual secure storage procedures. Coinbase…
Read moreHong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read moreFinancial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR) has signed an agreement with financial services company SEI (NASDAQ: SEIC) that will provide SEI private banking clients access to Broadridge’s global securities class action services. Through the new strategic partnership, SEI private banking clients can elect to utilize Broadridge’s services, which will monitor securities class action…
Read moreThe Securities and Exchange Commission (SEC) has announced that State Street Bank and Trust Company has agreed to pay $382.4 million in a global settlement for misleading mutual funds and other custody clients by applying hidden markups to foreign currency exchange trades. As part of its custody bank line of business, State Street safeguards clients’ financial assets…
Read moreBased on the declarations of acceptance received and booked so far by the custodian banks for the exchange offer by HLDCO123 PLC, London, United Kingdom to the shareholders of Deutsche Börse AG in connection with the planned combination of Deutsche Börse AG with the London Stock Exchange Group plc, the minimum acceptance threshold of 60%…
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