10 June, 2015 by The TZ Newswire Staff Comments Off on Treasuries Collusion Said to Be Hunted in Next Wave of Probes
Treasuries Collusion Said to Be Hunted in Next Wave of Probes
The Justice Department has begun an examination of trading in the U.S. Treasury market, following the outlines of its successful cases against Wall Street’s illegal practices in foreign currencies and other businesses, said three people familiar with the inquiry.
10 June, 2015 by The TZ Newswire Staff Comments Off on The Jailed Flash Trader Who Became ‘The Hound of Hounslow’
The Jailed Flash Trader Who Became ‘The Hound of Hounslow’
Navinder Singh Sarao will never rank among the most notorious inmates of HM Prison Wandsworth. But check out how this man became company in one of the U.K.’s worst prisons.
10 June, 2015 by The TZ Newswire Staff Comments Off on MSCI Defers China Inclusion, Opts to Work With Regulator
MSCI Defers China Inclusion, Opts to Work With Regulator
MSCI Inc. held off from adding China’s mainland stocks to its benchmark indexes, opting to work with the nation’s securities regulator to overcome remaining obstacles to inclusion.
10 June, 2015 by The TZ Newswire Staff Comments Off on Bulgarians at the gate
Bulgarians at the gate
Back in 2001, the Securities and Exchange Commission sued a New Jersey-based, Nasdaq-listed software company called AremisSoft Corp. The company’s sin: claiming that it had obtained a $37.5 million…
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10 June, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: China’s Guotai Junan Securities plans $4.8 billion IPO
The Wall Street Journal: China’s Guotai Junan Securities plans $4.8 billion IPO
Guotai Junan Securities receives regulatory approval to raise as much as $4.8 billion in an initial public offering in Shanghai, paving the way for what could be China’s largest IPO in five years.
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10 June, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Nikkei leads Asia markets higher, Seoul boosted by rate cut
Asia Markets: Nikkei leads Asia markets higher, Seoul boosted by rate cut
Stocks in Asia rebound, with a weaker yen lifting Japan and a rate cut in South Korea helping shares there break a four-day losing streak.
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10 June, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Outflows hit Waddell & Reed funds
The Wall Street Journal: Outflows hit Waddell & Reed funds
Waddell & Reed has hit a rough patch, with nervous investors pulling $12.5 billion out of the investment company’s two largest mutual funds over the past 12 months, reports The Wall Street Journal.
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