Tag: Black Thursday

May 05, 2016 BY Maria Nikolova

FXCM repays $7.7 million to Leucadia in Q1 2016

Leucadia National Corp. (NYSE:LUK), which extended a $300 million loan to FXCM Inc (NYSE:FXCM) in January 2015, following the “Black Thursday” events associated with the Swiss franc spike, has posted its report for the first quarter of 2016, with the document providing an update on the status of the loan repayment and Leucadia's investment in the…

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April 20, 2016 BY Maria Nikolova

KPMG appoints Beeston Shenton for legal action in debts recovery from ex-Alpari UK clients

KPMG, which is responsible for the special administration of Alpari (UK) Limited, has provided a notice today, concerning ex-clients of the broker who have negative balances. The Joint Special Administrators have appointed Beeston Shenton Solicitors Limited with regard to legal action in debts recovery from clients with negative balances. Beeston Shenton is formally authorised and…

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