The UK Financial Conduct Authority has put out details of the cloned firm Loanfactory. 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 people…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Pan Asia Pacific Mergers and Acquisitions. Pan Asia Pacific Mergers and Acquisitions is not authorised by the FCA but has been targeting people in the UK…
Read moreThe U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has announced that it has issued the results of a rule enforcement review of the New York Mercantile Exchange and the Commodity Exchange (NYMEX and COMEX or exchanges). The review, which covered a one-year target period, evaluated the exchanges’ market surveillance programs and…
Read moreWells Fargo & Co's veteran chairman and chief executive officer, John Stumpf, has departed on Wednesday. San Francisco-based Wells Fargo said Stumpf, was retiring and would be replaced as chief executive by President and Chief Operating Officer Tim Sloan. The bank is splitting the role of chairman and CEO with Stephen Sanger, its lead director, becoming…
Read moreHong Kong Exchanges and Clearing Limited (HKEX) and Shenzhen Stock Exchange (SZSE) have kicked off a series of international roadshows to promote Shenzhen-Hong Kong Stock Connect (Shenzhen Connect) with an event in Hong Kong. Today's event was highlighted by opening addresses from HKEX Chief Executive Charles Li and SZSE Chairman Wu Lijun. Representatives from HKEX,…
Read moreThe Securities and Futures Commission (SFC) has launched a review to assess the cybersecurity preparedness, compliance and resilience of brokers’ internet and mobile trading systems. The review followed a number of reports from securities brokers that the security of some customers’ internet and mobile trading accounts has been compromised and unauthorized securities trading transactions were…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Farnhams Consulting Group. Farnhams Consulting Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read moreShop Apotheke Europe N.V. (ISIN: NL0012044747) has been listed in the Prime Standard of the Frankfurt Stock Exchange since today. The total issue volume was approximately €115 million. The initial listing price was €30.05 and the issue price €28.00. The IPO was run by Berenberg, Citigroup und Commerzbank, with Berenberg as designated sponsor on Xetra…
Read moreThe UK Financial Conduct Authority has put out details of the cloned firm Flexy Finance. 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…
Read moreJapan’s retail broker efx Securities Co., Ltd. has partnered with CFH Clearing to offer ClearWeb, NetStation and NetDania Mobile to clients. The rapidly growing brokerage has customised the front-end trading solutions and re-branded the platforms ClearStation. The platforms, which include Japanese translations, go live this month. Maki Usami, President of efx Securities Co. commented: By co-operating with CFH…
Read more