Latest Market News

Jun 24
Supreme Court overturns Roe v. Wade

The U.S. Supreme Court has overturned Roe v. Wade, its landmark 1973 decision that established a constitutional right to an abortion. The high court had been expected to overturn the precedent after a May 2 report by Politico citing a leaked draft majority opinion of the pending ruling. Source: Marketwatch

Jun 24
Aurora Cannabis upgraded to overweight on prospects for European business

Aurora Cannabis ACB, +10.08% ACB, +8.82% rallied 6% in premarket trades on Friday after Cantor Fitzgerald analyst Pablo Zuanic upgraded the Canadian cannabis company to overweight from neutral and raised his 12-month price target on the stock to C$4.05 ($3.12) from C$3.90. Zuanic said Aurora Cannabis could benefit from growth in the legal cannabis market […]

Jun 24
Emergent BioSolutions says FDA has accepted its anthrax vaccine candidate for review

Emergent BioSolutions Inc. EBS, +7.19% said Friday the U.S. Food and Drug Administration has accepted for review its application for approval of its anthrax vaccine. Dubbed AV7909, the vaccine is aimed at people aged 18 through 65 years who have been exposed to anthrax for use along with recommended antibacterial drugs. A decision is expected […]

Jun 24
Individual accountability – a maturing of financial regulation – Speech by Gerry Cross, Director of Financial Regulation: Policy and Risk, at Arthur Cox Client Seminar

  Speech to Arthur Cox Client Seminar, 23 June 2022 Good afternoon. It is a pleasure to be here. Many thanks to Arthur Cox for inviting me to speak with you today. The focus of my remarks is the new Individual and Senior Executive Accountability framework which will come into effect next year1.  I will […]

Jun 24
Allied Irish Banks p.l.c. reprimanded and fined €83,300,000 by the Central Bank of Ireland for regulatory breaches affecting tracker mortgage customers

On 22 June 2022, the Central Bank of Ireland (the “Central Bank”) reprimanded and fined Allied Irish Banks p.l.c. (“AIB” or the “Firm”) €83,300,000 pursuant to its Administrative Sanctions Procedure (“ASP”) for a series of significant and long-running failings in the treatment of its tracker mortgage customers holding 10,015 mortgage accounts between August 2004 and […]

Jun 24
EBS d.a.c. reprimanded and fined €13,400,000 by the Central Bank of Ireland for regulatory breaches affecting tracker mortgage customers

On 22 June 2022, the Central Bank of Ireland (the “Central Bank”) reprimanded and fined EBS d.a.c. trading as EBS (“EBS” or the “Firm”) €13,400,000, pursuant to its Administrative Sanctions Procedure (“ASP”) for a series of significant and long-running failings in the treatment of its tracker mortgage customers, holding 2,830 mortgage accounts, between August 2004 […]