Metal Commodities
Platinum
NEW YORK, Sept 11- A federal judge in Manhattan on Monday refused to dismiss fraud charges against a former Platinum Partners hedge fund executive and a former union leader for New York City prison guards, who claimed their indictment was based on illegal wiretaps. The defendants, Murray Huberfeld and Norman Seabrook, said the indictment was based improperly on...
NEW YORK, Aug 2- Beechwood, a group of reinsurance and asset management companies, has been sold after it lost clients and suffered a bruised reputation when hedge fund firm Platinum Partners collapsed amid federal investigations and fraud charges, a person familiar with the matter told Reuters. Beechwood, which managed $2.4 billion in assets in 2015, has said...
EXCLUSIVE-BEECHWOOD REINSURANCE COMPANIES SOLD AFTER LOSING CUSTOMERS BECAUSE OF TIES TO COLLAPSED HEDGE FUND PLATINUM PARTNERS- SOURCE.
However, Schwartz and U.S. Securities and Exchange Commission staff working on the case have "differing views" on how best to liquidate Platinum's portfolio, according to a letter he sent on Friday to Brooklyn federal court Chief Judge Dora Irizarry, announcing his intention to resign as Platinum's receiver. However, SEC employees believe the underlying...
However, Schwartz and U.S. Securities and Exchange Commission staff working on the case have "differing views" on how best to liquidate Platinum's portfolio, according to a letter he sent on Friday to Brooklyn federal court Chief Judge Dora Irizarry, announcing his intention to resign as Platinum's receiver. However, SEC employees believe the underlying...
However, Schwartz and U.S. Securities and Exchange Commission staff working on the case have "differing views" on how best to liquidate Platinum's portfolio, according to a letter he sent on Friday to Brooklyn federal court Chief Judge Dora Irizarry, announcing his intention to resign as Platinum's receiver. However, SEC employees believe the underlying...
However, Schwartz and U.S. Securities and Exchange Commission staff working on the case have "differing views" on how best to liquidate Platinum's portfolio, according to a letter he sent on Friday to Brooklyn federal court Chief Judge Dora Irizarry, announcing his intention to resign as Platinum's receiver. However, SEC employees believe the underlying...
The world stockpile of platinum is shrinking as investors hold off on selling and the threat of a miners strike looms, experts have said.
Andrei Bugrov, senior vice president at Norilsk Nickel, talks about the health and future outlook of the nickel, palladium and platinum market.
Andrei Bugrov, senior vice president at Norilsk Nickel, says the firm doesn’t see China’s competition as bitter or lethal, but is instead “blessed” by having a “neighbor” like China.
Following Lonmin’s latest earnings report, its CEO, Ben Magara breaks down the key factors behind the figures.
Small businesses are feeling the negative affects in the South African tourism industry after a 27 percent drop in the rand.
Mark Cutifani, CEO of Anglo American, discusses the plans to sell its iron ore producer and says it will focus on diamonds, platinum and copper.
David Wilson, director of metals research and strategy for Citi, says he expects demand for platinum from the autos industry to pick up.
One famed analyst says this might be the perfect time for commodities investors to pounce.
James Cordier, founder of OptionSellers.com, discusses the impact that the Volkswagen emissions scandal has on the prices of platinum and palladium.
Marc Elliott, mining analyst at Investec, discusses the job cuts at Lonmin and other mining companies, as commodity prices, hit record lows.
Lonmin CEO, Ben Magara, discusses the effect of low platinum prices on business, saying the precious metal will eventually see a rebound.
Daniel Hynes, Senior Commodity Strategist at ANZ, discusses the demand and supply issues in precious metals like platinum, palladium and gold.
James Steel, chief precious metals analyst at HSBC, discusses how inflation and commodity indices affects the price of oil and the knock on impact on gold.
