Last orders: Rise of closing auctions stirs worries in European stock markets
LONDON (Reuters) – The final five minutes of trading have become the busiest time of day for stock market traders in Europe. FILE PHOTO: The German share price index DAX…
DoJ pushes T-Mobile to give more to Dish: CNBC
FILE PHOTO: The logo of T-Mobile Austria is seen outside of one of its shops in Viennaa, Austria, February 25, 2016. REUTERS/Leonhard Foeger/File Photo (Reuters) – Dish Network Corp and…
Dow Jones Industrial Average adds Dow Inc, removes DowDuPont
NEW YORK (Reuters) – Dow Inc will replace DowDuPont Inc in the Dow Jones Industrial Average following the chemical corporation’s breakup into three smaller companies, S&P Dow Jones Indices said…
Cryptocurrency companies use ‘backdoor’ listings to ease into mainstream
HONG KONG (Reuters) – Several cryptocurrency exchanges have moved closer to mainstream markets by buying listed companies, looking to raise funds and present themselves as embedded in the traditional financial…
U.S. SEC fines Citibank more than $38 million for mishandling ADRs
Commuters walk past a Citibank branch in the Manhattan borough of New York, U.S., March 18, 2017. REUTERS/Ashlee Espinal WASHINGTON (Reuters) – Citibank (C.N) will pay more than $38 million…
SEC chairman says Tesla settlement in ‘best interests’ of shareholders
WASHINGTON (Reuters) – U.S. Securities and Exchange Commission chairman Jay Clayton said in a statement on Saturday that the agency’s settlement with carmaker Tesla was in the best interests of…
Musk to resign as Tesla chairman, remain as CEO in SEC settlement
WASHINGTON/SAN FRANCISCO (Reuters) – Tesla and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company’s chairman but remain…
SEC halts trading in two cryptocurrency products, citing market confusion
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission said on Sunday it was immediately suspending trading in two investment products that track cryptocurrencies, citing confusion in the markets…
Goldman drops bitcoin trading plans for now: Business Insider
(Reuters) – Goldman Sachs Group Inc (GS.N) is ditching plans to open a desk for trading cryptocurrencies in the foreseeable future as the regulatory framework for crypto remains unclear, Business…
Merrill Lynch to pay $42 million for misleading customers: SEC
WASHINGTON (Reuters) – Bank of America Corp (BAC.N) subsidiary Merrill Lynch will pay a $42 million penalty for lying to customers about how it handled their orders, the top U.S.…