Hints and tips:
...Among the latest actions, the PCAOB found that PwC ignored red flags in its audit of Aegean Marine Petroleum Network, one of the world’s largest traders of shipping fuel, which went bust in 2018 as a result...
...A judge in Manhattan on Friday declined to issue a temporary restraining order against Millennium Management after Jane Street demanded the hedge fund stop using a secretive international options scheme...
...City said the latest Silver Lake transaction was a “further endorsement” of its business model and its “continued international growth”....
...Meanwhile, Sweden’s tax authority told the FT that of 750,000 people registered as sole traders in 2022, approximately 180,000 reported no revenues....
...Oil traders have warned that prices could soar to more than $200 this year, driven by a growing international boycott of Russia....
...The ‘Rigatoni’ trader served with insider trading charges US federal prosecutors have charged Anthony Viggiano, a former employee of Blackstone and Goldman Sachs, with allegedly tipping off his buddies...
...Switzerland’s federal prosecutor has charged the commodity trader Trafigura with bribing foreign officials in Angola....
...It has forged partnerships with international brands including Chinese fast-fashion company Shein, and beat out Amazon in a scrap with its founder Jeff Bezos over a bankrupt Indian retailer....
...Rival Millennium International, meanwhile, gained around 1.7 per cent last month, according to people who had reviewed the fund’s performance data....
...Citadel has hired three traders for its equities business Ashler Capital, Bloomberg reports....
...Brent crude oil, the international benchmark, has fallen about 10 per cent in the last week, hitting a low of $70.12 a barrel on Monday morning shortly after UBS’s government-backed takeover of Credit Suisse...
...It was a filing made by an entity named FCM BBBY Holdings, LLC which listed its address as a nondescript Wyoming office building....
...On the same day, maverick trader Fraser Perring began tweeting about how he was betting against Pantheon....
...reason DD readers are well acquainted with SoftBank’s revolving cast of characters, from the recent step- back by investment chief Rajeev Misra to the departure of Akshay Naheta, the former Deutsche Bank trader...
...The International Monetary Fund published its Global Financial Stability Report today. The latest one will make for uncomfortable reading at 10 Finsbury Square....
...The billionaire deputy prime minister of the UAE controls the club via Newton Investment Development LLC, a company registered in Abu Dhabi....
...It is still a grim time to be in hospitality after stringent lockdowns and international travel bans slashed demand....
...Trafigura paid a retired Angolan general $390m for shares in an international fuel supplier it controls, in a deal whose terms provide a glimpse into the costs of unwinding one of the Swiss commodity trader...
...DD notes that Jacobs has a more engaging personality than many top bankers in the City, which may give the South African a leg-up with certain international clients....
...But the start-up’s failure is a lesson in humility to novice traders....
...It sounds complex but Robinhood is essentially paid by high-speed traders to route its customers’ orders through them, allowing them to execute the trades....
...The app branded itself to its raucous army of day traders as anti-establishment while at the same time trying to play within the confines of an extremely regulated industry....
...Babcock International has hired former Cobham head David Lockwood as chief executive to drive change at the UK defence contractor. More here....
...The sell-off continued early on Friday after EU leaders remained deeply divided on the issue of jointly backed bonds at Thursday’s summit, but recovered later in the day with traders saying the European...
...(FT) Homecoming At the heart of China’s ambitions to become technologically self-sufficient is a relatively unknown company called Semiconductor Manufacturing International Corporation....
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