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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 ...
Read more on Bloomberg

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 ...
Read more on TheStreet.com

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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How Do Chinese Officials Explain Their Corruption? People's Daily Counts the Ways

How Do Chinese Officials Explain Their Corruption? People's Daily Counts the Ways
“My motive wasn't for the money itself, but because it's normal job behavior to accept gifts and payments when offered them,” insisted Tan, who is currently serving twelve years for corruption. Another offender, a vice mayor from Shanxi province, said ...
Read more on Wall Street Journal (blog)

'Me too' O'Malley takes aim at Wall Street
Underdog Democratic presidential candidate former Maryland Gov. Martin O'Malley released a detailed plan outlining his plans to combat Wall Street corruption, as he tries to catch up with frontrunner Hillary Clinton and avowed socialist, Vermont Sen ...
Read more on Washington Examiner