Tag: JPMorgan Chase & Co. (NYSE:JPM)

FX settlement
November 20, 2017 BY LeapRate Staff

UBS, RBS, JPMorgan, Citi, Barclays, HSBC heading towards EU settlement for FX rate rigging cartel

The Financial Times is reporting that several of the world's leading banks are heading towards final negotiations on a financial settlement (read:fines) with the European Commission, following a more than four year long probe into allegations they formed a cartel to rig the $5 trillion global FX market. The FT named UBS, RBS, JPMorgan, Citigroup, Barclays,…

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sec whistleblower award
July 21, 2017 BY Valentina Kirilova

JPMorgan whistleblowers share a record $61 million award

The Securities and Exchange Commission (SEC) has announced that is giving away a record $61 million award to two whistleblowers for helping make the case that JPMorgan Chase & Co. (NYSE:JPM) failed to disclose to wealthy clients that it was steering them into investments that would be most profitable for the bank, Bloomberg shared yesterday. The…

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November 28, 2016 BY LeapRate Staff

JPMorgan aggressively buying Plus500 shares, stake above 9%

LeapRate Exclusive... LeapRate has learned via regulatory filings that global investment bank JPMorgan Chase & Co. (NYSE:JPM) has increased its stake in CFD broker Plus500 Ltd (LON:PLUS) to 9.0%. JPMorgan's most recent filings had indicated a 5.1% interest in Plus500. JPMorgan now holds, via its J.P Morgan Securities plc subsidiary, a total of 10,343,694 Plus500 shares…

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October 06, 2016 BY LeapRate Staff

Former Google executive Kevin Tunney replaces Marc Ellison as CMO of AxiTrader

LeapRate Exclusive... LeapRate has learned that leading Australian retail forex and CFD broker AxiTrader has made a change in its senior management ranks, adding Kevin Tunney (pictured at left) as its new global Chief Marketing Officer (CMO). Tunney joins AxiTrader from outside the Forex industry. Prior to joining AxiTrader, Tunney was Ecommerce Manager at premium eyeware…

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July 11, 2016 BY LeapRate Staff

JP Morgan sells remaining stake in SafeCharge as SCH shares continue downward

LeapRate Exclusive… LeapRate has learned from regulatory filings made by payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) that global bank JPMorgan Chase & Co. (NYSE:JPM) has sold its remaining stake in the company (or, down to what SafeCharge called 'no longer a notifiable interest in the company'). JPMorgan had taken a 7.43% stake in SafeCharge late…

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June 06, 2016 BY LeapRate Staff

Morgan Stanley sells down Plus500 Ltd stake to below 3%

LeapRate has learned via filings made to the London Stock Exchange that global investment bank Morgan Stanley (NYSE:MS) has sold down its stake in FCA regulated retail forex and CFD broker Plus500 Ltd (LON:PLUS) to below 3%. Morgan Stanley had been the second or third largest outside shareholder in Plus500 at just under 7%, after UK investment manager…

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