Hints and tips:
...“The big question mark for us was the tax bureau — that seemed incredibly unrelated,” said Schaefer....
...The review, which sent Didi’s share price plunging when it was first announced after the company’s $4.4bn US initial public offering earlier this month, marks the first time the secretive Ministry of State...
...The expansion of CAC’s power marks the end of two decades of loose data governance, a period in which internet companies grew with little concern for data protection and consumer privacy....
...“We are talking about billions and billions of dollars that did not get to hosts,” says Enrico Schaefer, a lawyer at Traverse, a Michigan law firm which is leading the case....
...Hints appear to mark something of a retreat: the US delegation is so small this year that state department officials quip it will have only a “toeprint” at the usually rammed events....
...The company started off supplying restaurants “because Mark liked going to Le Gavroche, Tante Claire . . ....
...Senior regulators, including Mark Carney, governor of the Bank of England and head of the global Financial Stability Board, have called for a shake-up in the way currencies are traded....
...Even this raft of measures, however, does not mark the end of UBS’s regulatory odyssey. The bank remains in separate talks over a forex settlement with the US Department of Justice....
...The DoJ is focusing on sales staff rather than traders in its criminal investigation as it scrutinises allegations of fraud in trading commissions (“mark-ups”) charged to clients, two people close to the...
...While the FCA’s group settlement marks an unusually quick finale for its investigation into a core group of banks roughly 18 months after it started its preliminary probe, it does not bring the scandal to...
...Mark Littlewood, director-general of the Institute of Economic Affairs, a free-market think-tank, said the clawback scheme would not foster an ethical culture in UK banking....
...“We are worried that the capital merely fills holes and question marks will still remain,” he warned on Monday....
...The move marks another step in the global investigation into collusion and market-rigging in the $5.3tn a day currency market by at least 15 regulators and prosecutors....
...Analysts liken UBS to the Nordic model, where some lenders including Swedbank and Nordea have either reached or are on their way towards a 75 per cent payout mark in a well-capitalised, low growth but high-return...
...The announcement that Skip McGee will leave as head of Barclays Americas marks only the latest in a string of departures of Lehman stalwarts....
...The latest move by UBS marks the first time that a trader in Singapore, the world’s third largest forex trading hub, has been suspended in the currencies market probe....
...Mark Carney, BoE governor, compared the foreign exchange scandal to the Libor case, when he gave evidence to MPs on Tuesday, saying it was “as serious as Libor, if not more so....
...Berenberg analyst Eleni Papoula said this would mark “the end of Raiffeisen’s 13-month underperformance relative to European banks”....
...Speaking after the latest meeting of the global Financial Stability Board, which he chairs, Mark Carney said he expected the body’s work on proposed reforms to foreign exchange benchmarks to proceed much...
...“The UK is attractive as a safe haven, not only economically but also politically and socially,” says Mark Davies, chartered tax adviser at Mark Davies & Associates....
...The cuts mark a U-turn for the Russian lender after VTB Capital’s international chief executive, Atanas Bostandjiev, three years ago embarked on a hiring spree aimed at taking advantage of retrenchments...
...The change of style under the Bank of England’s governor Mark Carney was on full display this week in Davos....
...For BNP, the deal marks another step in its strategy to consolidate the shrinking market for equity derivatives by taking over rundown portfolios....
...It would mark an important step forward in RBS’s strategy to wind down almost all its remaining equities sales and trading businesses, a move it announced in June this year in the same week in which its...
...Jack Murray, based in Tokyo, and Mark Clark, based in London, are also among the six suspensions, the people familiar with the situation said....
International Edition