Credit Suisse will pay more than $80m to settle state and federal authorities’ allegations that it didn’t fully disclose to its clients how it operated its dark pool, according to a person familiar with the matter.
A judge in Manhattan asked French authorities to order the former JPMorgan trader known as the 'London Whale' to testify in a lawsuit accusing the bank of misleading investors about its high-risk trading and losses.
The Securities and Exchange Commission has announced that Ukrainian-based Jaspen Capital Partners Limited and CEO Andriy Supranonok have agreed to pay $30m to settle allegations they profited from trading on non-public corporate information hacked from newswire services.
"Starting here is going to give us the passport to take our solution to many other markets," David Gurle said.
The former head of defunct bitcoin exchange Mt Gox, Mark Karpelès, has been charged with embezzlement by Japanese prosecutors, according to reports from the Japanese media.
The seventh anniversary of the collapse of Lehman Brothers falls on Tuesday. By the end of this week, the US may have raised interest rates for the first time since June 2006, marking the moment when a version of financial normality is restored.
Not long to wait now.
Trying to stay ahead of the axe ?
Ring-leader or fall guy ?