October 08, 2014 BY Mike Fox

Charges coming in FX rigging probe from USA...

Bloomberg is reporting today that prosecutors from the United States are pressing to bring charges against a bank for Forex rate rigging by the end of this year, and actions against individuals will probably follow in 2015, this is according to people familiar with the probe, no one cited by Bloomberg as the story is…

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October 08, 2014 BY Andrew Saks-McLeod

Is Hong Kong heading for meltdown?

Political unrest in Hong Kong has resulted in unscheduled closures of banks and decommissioned ATMs. Post European and American financial crisis, and in the wake of the Cyprus bail-in, does this signal the end for Hong Kong as a prestigious electronic trading center, and will mainland China step into its shoes?

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