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Chinese brokerages see surging profits in first nine months

Chinese brokerages see surging profits in first nine months
... and reserve requirement ratio (RRR) twice since August. In addition, China Securities Regulatory Commission (CSRC), the top securities regulator, has conducted strict measures to clear and rectify insider trading and market manipulation, which have ...
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Bank Stock Roundup: Rate Hike Stance Bring Citigroup, JPMorgan in Focus at the ...
Based on sources, Citigroup's decision to divest its holding in Guangfa Bank follows a change in the latter's plan regarding an initial public offering in Hong Kong amid the rout in Chinese stock markets. Further, deteriorating profitability at Guangfa ...
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Former Porsche finance chief allegedly admits manipulation in VW takeover attempt
According to German prosecutors, Holger Haerter, the ex-Porsche SE chief financial officer, has decided to admit last week in court he was indeed guilty of market manipulation in relation to the botched attempt to control the Volkswagen Group ...
Read more on INAUTONEWS

FERC Seeks To Expand Electricity Market Surveillance With New Data Reporting ...
760, the Office of Enforcement has aggressively enforced energy market regulations, with a continued focus on allegedly fraudulent trading activity under its Anti-Manipulation Rule. FERC can now readily initiate non-public market manipulation ...
Read more on Mondaq News Alerts (registration)

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Chinese E-Commerce Stocks Rally in U.S. After Alibaba Earnings

Chinese E-Commerce Stocks Rally in U.S. After Alibaba Earnings
Scandals that exposed how bank traders rigged key interest rates and fixed currency values have given ammunition to those who say CDS may also be susceptible to collusion or, worse, outright manipulation. The trade group ... Although the market for ...
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What to Watch Wednesday: Walgreens Boots Alliance Takes the Spotlight
Then after the market close, we hear from Amgen (AMGN), PayPal (PYPL), and Buffalo Wild Wings (BWLD). When Walgreens Boots Alliance reports its ..... SO, china REDUCED manipulation and let yuan move. IMF realizing much weaker yuan was NOT ...
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Barclays, RBS, HSBC agree to pay 4M for Forex manipulation in the US
The bill over FX market manipulation keeps growing for big investment giants, with three of the UK's biggest banks – Barclays PLC (LON:BARC), HSBC Holdings plc (LON:HSBA), and Royal Bank of Scotland Group plc (LON:RBS), agreeing on Thursday to ...
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Ex-Rabobank trader arrested in Australia

Ex-Rabobank trader arrested in Australia
A former Rabobank trader charged by US authorities with allegedly manipulating Libor, the benchmark interest rate, has been arrested, according to Australian authorities. Paul Thompson, an Australian who was the Dutch bank's head of money market and ...
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Today's Market Is All About That Central Bank Stimulus
This bull market in stocks is unlikely to carry on indefinitely regardless of central bank rate manipulation and monetary stimulus. That said, trendlines and other market internals give us the best indication of near-term risk preferences. It follows ...
Read more on Investorplace.com

CFTC chief outlines proposals to fight market disruptions
New rules that prevent new forms of illegal behavior, such as spoofing and other types of market manipulation, are being enforced. The CFTC this week brought spoofing charges against a Chicago firm, 3 Red Trading. The moves come as the CFTC has been ...
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Tony Blair's discusses the Iraq War and ISIS in CNN interview
As a master of public relations and media manipulation, Blair may have calculated that since Chilcot is likely to accuse him of major errors of judgment, it is better for him to volunteer an apology now, rather than be forced to do so if, as seems ...
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Latest Hedge Fund Corruption News

Elizabeth Warren's Intellectual Purge
And what is former Federal Reserve Chairman Ben Bernanke doing at Brookings while he's also a senior adviser to Citadel, the giant hedge fund? Are his monetary musings corrupt too? Studying regulation used to be a bipartisan exercise. Thanks to ...
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TeliaSonera AB – Muddy Waters Open Letter To The Board
It appears that TeliaSonera made corrupt payments in Uzbekistan exceeding SEK 3.1 billion (US$ 380 million).2,3 Uzbekistan appears to be only the tip of the iceberg. We estimate – perhaps conservatively – that TeliaSonera could have made corrupt ...
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Corruption Currents: Activists Find Accidental Hedge-Fund Ally
A daily roundup of corruption news from across the Web. We also provide a daily roundup of important risk & compliance stories via our daily newsletter, The Morning Risk Report, which readers can sign up for here. Follow us on Twitter at @WSJRisk ...
Read more on Wall Street Journal (blog)

One Company Is Making a Killing on Brazil's Sinking Real
JBS is best known to the outside world as the company that gobbled up Pilgrim's Pride as part of a $ 20 billion acquisition spree, but inside Brazil's financial circles, those currency bets have earned it another nickname: The hedge fund that sells meat ...
Read more on Bloomberg