Hints and tips:
...AI start-up Anthropic (FT) Janet Yellen warns China against clean energy dumping (FT) Xi Jinping tells US CEOs that China’s growth prospects remain ‘bright’ (FT) Tom Hayes loses appeal against Libor rigging...
...He founded the group with David Schamis, who previously worked at private equity firm JC Flowers, after Diamond was ousted from Barclays in 2012 over the Libor rate-rigging scandal....
...The legal action follows a series of deals that the search company has struck with news companies under which it has agreed to make payments in return for featuring some of their content....
...Unity’s innovative IPOUnity, which sells software tools to create video games, is trying out a new bidding process for a public listing later this month, adding to the growing number of companies seeking...
...“Someone has been rigging the public debate and trying to mislead the commission,” Mr Loeb wrote in his letter....
...Mr Diamond would join the board of the company as a non-executive director when the acquisition is completed, said a person briefed on the matter....
...Mr Diamond set up Atlas Merchant Capital to acquire unwanted assets from banks after he was ousted from Barclays in 2012 over the Libor rate-rigging scandal....
...US president Donald Trump, in an interview on Wednesday, accused social media companies of rigging political debate against him. “The truth is they were all on Hillary Clinton’s side,” he said....
...It said supporting them would amount to “a tacit vote of confidence in the company’s management and policies”....
...Mr Lewis’s 201 4 book Flash Boys — or simply “The Book” — as it is glumly referred to by high-frequency traders — was a bombshell, with its accusations of “rigging” the US stock market triggering outrage...
...In 2006, the US Department of Justice, concerned with bid rigging, launched an investigation of private equity firms in relation to their participation in consortiums....
...The deal gives Mr Diamond a relatively small vehicle with a banking licence in Greece that will allow him to acquire – through his investment company Atlas Merchant Capital – some of the vast pile of bad...
...The deal may be viewed as a return to the City of London for Mr Diamond, who was forced out of Barclays in 2012 over the Libor rigging scandal....
...Mr Johnson said he hopes that going private will allow the company to offer better incentives to staff under a partnership structure....
...The CFTC claims DRW netted at least $20m by rigging prices of an interest-rate futures contract listed by Nasdaq....
...Among them has been the highly-publicised rate-rigging allegations that spanned across many of the world’s biggest banks....
...during the 2012 Libor rate-rigging scandal....
...Furthermore, a few days before the sale, a deputy governor of the South African Reserve Bank (SARB) said the central bank was uncomfortable with private equity companies taking stakes in the country’s financial...
...Since the financial crisis and the Libor rate rigging scandal, regulators have put pressure on banks to dispose of their indexing businesses due to concerns about possible conflicts of interest....
...“The agreement is another positive development on the eve of Symphony’s launch,” the company said....
...The letter, which was signed by acting superintendent Anthony Albanese and shared with the press, noted that chatroom transcripts had formed a critical part of authorities’ investigations into the rigging...
...Atlas Mara represented a dramatic return to the London Stock Exchange for Mr Diamond, who raised $325m for the business after he was ousted from Barclays at the height of the Libor rate-rigging scandal....
...“They’ve lost track of trying to get the best price for a company trying to raise money.”...
...“We do not believe there is sufficient evidence yet that the company’s risk controls are robust enough to warrant ratifying the board and management acts,” the adviser told clients in a note....
...Man versus machine: a recent regulatory spotlight on alleged market rigging has accelerated a longstanding move to automated trading platforms as clients seek safety in computers....
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