News
The FCA has brought two contempt of court applications before Southwark Crown Court regarding ten breaches by an individual of a restraint order obtained under the Proceeds of Crime Act 2002. The restraint order is in place to protect any assets the individual may have an interest in (whether the proceeds of crime or otherwise) […]
Bristol Memorial Woodlands FP (approximately 250 plans) Firm did not apply for authorisation. We have notified it that it cannot issue new plans or administer existing plans beyond 29 July 2022. You should have heard from the firm about obtaining a refund. If you have not heard, contact the firm: C/O Memorial Woodlands Earthcott Green, […]
ECB in Focus Today Traders are bracing for the headline event of the week today, with the July ECB meeting due. The market is widely expecting the bank to hike rates by at least .25% today, in line with the bank’s own guidance. However, soaring inflation and hawkish commentary from some within the ECB, is […]
BOJ Sticks to Its Guns The Japanese Yen is back under pressure today following the July Bank of Japan meeting overnight. While the rest of the G10 is firmly embarking down a path of monetary tightening, with even the ECB set to tighten today, the BOJ continues to reaffirm its commitment to easing. BOJ governor […]
Su Zhu revealed the 3AC team had close ties to Terra co-founder Do Kwon, which made them overlook several red flags with the project that eventually led to a multi-million dollar loss for the hedge fund. 1790 Total views 33 Total shares The founders of tainted crypto hedge fund Three Arrow Capital (3AC), which filed […]
Stocks opened mostly higher Friday, but saw the Nasdaq Composite dragged down by a plunge for shares of social-media platform Snap Inc. The Dow Jones Industrial Average DJIA, +0.33% rose 124 points, or 0.4%, to 32,160, while the S&P 500 SPX, +0.09% traded near unchanged after opening with a small gain. The Nasdaq Composite COMP, […]