Tag: doj

bitmex investigation
October 09, 2020 BY Steffy Bogdanova

BitMex announce leadership changes following criminal charges

Ben Radclyffe, who serves as commercial director, will have enhanced responsibility for client relationship handling and oversight of financial products. With 20-year background in finance and trading technology, he joined the company in March 2020, having worked at Deutsche Bank, UBS and Tower Research Capital. David Wong, Chairman of 100x Group, commented: These changes to…

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October 10, 2016 BY Valentina Kirilova

Deutsche Bank shares plunge after no deal reached with the U.S. Department of Justice

Deutsche Bank (DBKGn.DE) shares fell more than 3% early Monday after Chief Executive John Cryan failed to secure a speedy deal with the U.S. Department of Justice (DoJ) at the weekend over the misselling of mortgage-backed securities. Cryan was attending the International Monetary Fund and World Bank's autumn meetings in Washington, hoping that he might personally negotiate down…

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July 27, 2016 BY Valentina Kirilova

Deutsche Bank to negotiate with DoJ over mortgage probe

Deutsche Bank had begun settlement talks with the US Department of Justice over its probe into the German bank’s origination and securitisation of mortgage-backed securities, as it posted a slump in second-quarter profits. John Cryan, chief executive, has made clear that he wants to resolve Deutsche Bank’s big outstanding legal cases quick. Deutsche Bank had…

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July 20, 2016 BY Mike Fox

HSBC Forex head arrested in New York; first person to be charged in DoJ's FX probes

Bank Forex executive Mark Johnson, HSBC's global head of foreign exchange cash trading in London has reportedly been arrested at New York's John F. Kennedy airport, charged with front-running customer orders. According to press reports, Mr. Johnson has become the first person to be charged in the Justice Department's three-year probe into forex rigging at global banks. He…

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March 01, 2016 BY Maria Nikolova

ICAP, Tullett Prebon shareholders to vote on proposed deal on March 24, 2016

Tullett Prebon Plc (LON:TLPR) has just provided an update regarding the proposed acquisition of the global hybrid voice broking and information business of ICAP plc (LON:IAP). Regulatory approvals Tullett Prebon said there was no further information on discussions with the United States Department of Justice (DOJ), which in February requested additional information and documentary material regarding…

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February 02, 2016 BY Maria Nikolova

US DOJ requests more information about Tullett Prebon – ICAP deal

Tullett Prebon Plc (LON:TLPR) has earlier today issued an update about the proposed acquisition of the global hybrid voice broking and information business of ICAP plc (LON:IAP). Tullett Prebon said it received a request for additional information and documentary material from the United States Department of Justice (DOJ) in connection with the transaction. This form of…

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