Citi, former head of FX trading desk try to resolve discovery disputes
As the lawsuit brought by ex-Citi Forex trader Rohan Ramchandani against his former employer continues at the New York Southern District Court, the parties in...
FCA issues ban as to Opus Capital director Paul Seakens
The UK Financial Conduct Authority (FCA) announces that it has decided to make an order, pursuant to section 56 of the Act, prohibiting Paul Seakens...
Citi posts 11% Y/Y drop in Markets and Securities Services revenues in Q4 2021
Citigroup Inc (NYSE:C) has just posted its financial report for the final quarter of 2021.Citi reported Institutional Clients Group (ICG) revenues of $9.9 billion, up...
FX week in review: Broker acquisitions, NAGA and Swissquote revenues fall, executive moves
After something of a quiet period in Q4, M&A activity has picked up in earnest in the FX industry in 2022, with a number of...
SEC to move for default against ex-Goldman analyst accused of insider trading
The United States Securities and Exchange Commission (SEC) plans to move for a default judgment against former Goldman Sachs’ compliance analyst Jose Luis Casero Sanchez....
UK Treasury Committee examines increasing cost of card payments for businesses
The UK Treasury Committee has published correspondence on the increasing cost of card payment services for businesses in the UK.In response to a letter from...
Samtrade FX updates on trading and withdrawal freeze
Embattled offshore Retail FX broker Samtrade FX has posted an “FAQ” statement, updating the effective shutdown of the company by Singapore police and that country’s...
Afterpay to be removed from S&P/ASX 200 Index
S&P Dow Jones Indices announced today that it will remove Afterpay Limited (ASX:APT) from the S&P/ASX 200, as a result of the scheme of arrangement...
HK watchdog takes disciplinary action against 33 Financial Services Limited
The Hong Kong Monetary Authority (HKMA) announces the completion of an investigation and disciplinary proceedings for 33 Financial Services Limited (33FS) under the Payment Systems...
DNB: The climate impact per bitcoin transaction is rising
The total carbon footprint of the bitcoin network increased by about 25% in 2020, while the number of transactions fell by 6%. This amounts to...