Barclays Future Shaky After Agreeing To Settle $2bn Fine With DOJ
Barclays, the British banking giant has agreed to pay $2 billion as a settlement after it accepted allegations that it fraudulently sold residential mortgage securities in the lead up to the financial crisis similar to RBS last year. The US
Read MoreMajority Of UK Firms Yet To Report Gender Pay Gap Figures
The UK is looking to bridge the gender pay gap in the market and has set an April 4 deadline for businesses to report their gender pay gap figures. Public organizations and companies who have more than 250 employees are
Read MoreJPMorgan Introduces Amazon’s Alexa To Wall Street Traders
Wall Street traders are always on the lookout for new technology and innovations that can help make their life easier and efficient. JPMorgan Chase and Amazon have partnered to provide Wall Street with access to Alexa, a voice-activated assistant that
Read MoreHong Kong’s SFC Suspends Black Cell Initial Coin Offering
Hong Kong’s main regulatory watchdog for financial services, the Securities and Futures Commission (SFC) has stepped in to stop the initial coin offering (ICO) by Black Cell Technology. The SFC has ordered the company to stop selling the digital currency
Read MoreIRS Set To Hit Bitcoin Investors With Large Tax Bills
Bitcoin investors could be hit with a large tax bill as the Internal Revenue Service (IRS) is looking to get a piece of the pie as the tax man has been keeping a close watch on the cryptocurrency industry and
Read MoreAlibaba’s Potential Chinese IPO Could Send Share Prices Soaring
Alibaba Group, the Chinese technology and eCommerce giant led by Chairman Jack Ma recently announced that they had plans to launch an IPO for the Chinese market. Financial analysts are bullish on Alibaba’s share price, predicting as much as a
Read MoreDropbox IPO Expected To Raise $612 Million
Dropbox Inc. once the most highly valued tech unicorn has seen a drop in its market evaluation. The cloud based platform provider had a market estimate of $10 billion in 2014 but has seen a massive drop in value during
Read MoreDeutsche Bank Expects DWS Group IPO To Raise €1.2 Billion
Deutsche Bank had earlier announced that it plans to offer twenty percent of its asset-management unit DWS Group via an Initial Public Offering (IPO). On Sunday, Deutsche Bank indicated that the value of its DWS unit is estimated to be
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