Bank of America will have to pay a $30 million fine as part of an agreement to settle charges of attempting to manipulate a major…
Posts published in September 2018
FCA Exposes Fake Clone of Tier Once Capital
The Financial Conduct Authority (FCA) on Wednesday exposed a rogue website fraudulently abusing the brand of London headquartered, FCA regulated wealth manager Tier Once Capital…
Penny Stock Company Behind Bytemine Launches Crypto Fund
The Frankfurt-listed company behind the Bytemine token sale called Stockholm IT Ventures announced on Wednesday that it is launching an asset management service focused on…
Ripple’s Array of Top Partners Expands as Major US Bank Joins RippleNet
PNC Bank – a top ten lender in the United States with over $6.0 billion in deposits – has officially joined RippleNet to tap its…
Chinese Yuan Strengthens Despite Economic Warnings at WEF
The Chinese yuan is strengthening midweek against its American counterpart, despite warnings from officials about the national economy. The Chinese economy was a key subject…
CLS Group Reports Flat Volumes for August 2018
CLS Group, a leading provider of risk mitigation and settlement services for FX dealers and institutions, on Wednesday reported its operational metrics for August 2018,…
Britain’s IA Increases Gender Diversity with Four New Members to its Board
The (IA) announced today that is has appointed four new Directors to its Board. With this decision, the association has increased its gender diversity, nearly…
Euro Fails to Hold On to Gains on Resurgent US Dollar Demand
The euro today rallied to new highs in the early European session even as German bond yields hit new tops and the US dollar retreated.…
Analysis: Brokers Stand To Make Huge Gains From Sports Sponsorship
Retail brokers have been marketing their services via sports sponsorship deals for a number of years now. From and to and , it’s not uncommon…
Analysis: Cryptocurrency Exchanges Struggling to Protect Clients
Cryptocurrencies, long the stuff of libertarian day-dreams, are coming under more and more scrutiny from regulators and other government bodies. This Tuesday, the Office of…