Mastercard today unveiled Mastercard Installments, a unique and innovative Buy Now, Pay Later (BNPL) program that delivers greater choice at checkout, both in-store and online. Mastercard Installments uses the power of the company’s trusted network to make BNPL available to millions of consumers and merchants worldwide. It enables banks, lenders, fintechs, and wallets to offer…
IHS Markit Ltd (NYSE:INFO), a world leader in critical information, analytics and solutions, today reported results for the third quarter ended August 31, 2021. Revenue for the period amounted to $1.181 billion, with 9 percent total organic revenue growth. Net income totalled $161 million and diluted earnings per share (EPS) amounted to $0.40. The company…
Read More “IHS Markit registers 10% rise in fin services revenues in Q3 2021” »
Schroders today announces it has strengthened its Fiduciary Management (FM) team, with the appointment of a specialist business development director to help meet clients’ outsourcing investment objectives. David Thomas has joined from Goldman Sachs Asset Management (GSAM) as Fiduciary Management Business Development Director. He was most recently a VP in GSAM’s UK & Irish Institutional…
Read More “Schroders appoints David Thomas as Fiduciary Management Bus Dev Director” »
Richard Usher, a former JPMorgan Forex trader known for his participation in the “Cartel” chatroom, will have to destroy the evidence used in the criminal proceedings against him. This becomes clear from an order signed by Judge Richard M. Berman of the New York Southern District Court on September 27, 2021. The order concerns the…
Read More “Court orders former JPMorgan FX trader to destroy docs used in criminal proceedings” »
The Joint Special Administrators of SVS Securities have provided an update to clients of the company. The Administrators currently anticipate that the administration process will be concluded in early 2022. Once the administration has been concluded and the Administrators have obtained their discharge of liability, the Administrators will no longer be able to process and…
Read More “SVS Securities administration process set to conclude in early 2022” »
Online trading major Interactive Brokers has just released a new version of its TWS API. Version 10.10 of the solution comes with WSH Calendar support, market data in shares, and more attributes. The TWS API now offers: Support for Wall Street Horizon (WSH) meta and calendar events in API Clients. market data in shares support…
Read More “Interactive Brokers announces new TWS API release” »
The United States Securities and Exchange Commission (SEC) today filed a complaint against Suyun Gu and Yong Lee, accusing the duo of perpetrating a fraudulent options-trading scheme, involving “wash trades”. According to the SEC’s complaint, submitted today at the New Jersey District Court and seen by FX News Group, from February to April 2021, Gu…
Read More “SEC goes after traders who executed thousands of “wash trades”” »
Global digital payments innovator Zip Co Limited (ASX:Z1P), formerly operating in the U.S. as Quadpay, announced the appointment of critically-acclaimed strategist and marketer Jinal Shah as its chief marketing officer, starting immediately, for the U.S. market. Jinal Shah
The United States Commodity Futures Trading Commission (CFTC) today filed and settled charges against Citibank, N.A. and Citigroup Global Markets Limited for failing to comply with certain swap dealer requirements for reporting Legal Entity Identifier (LEI) information to a swap data repository (SDR) and related supervision failures. The order also charges Citi for violating the…
Read More “CFTC imposes $1M fine on Citi for swap data reporting violations” »
A lawsuit brought by the United States Commodity Futures Trading Commission (CFTC) against former HSBC executive Christophe Rivoire, who is accused of market manipulation, has spread to Hong Kong. Christophe Rivoire is now seeking the assistance of the judicial authorities of Hong Kong in obtaining necessary witness testimony from non-party Stephan Tsang, who in 2012…
Read More “CFTC action against former HSBC exec reaches Hong Kong” »
