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Diversified Financial Services Specialized Finance

  • Sept 29- FTSE Russell said domestic Chinese equities would remain on the stock index provider's "watch list" for possible inclusion in its emerging markets index, citing "high level of stock suspensions." FTSE Russell, part of the London Stock Exchange Group, in 2016 also refused to include China's A shares in its index, stating it had continuing concerns over...

  • LONDON, SHANGHAI, NEW YORK, Sept 29- Dan Wasyluk discovered the hard way that trading cryptocurrencies such as bitcoin happens in an online Wild West where sheriffs are largely absent. Just months later the exchange collapsed; the man behind it is now awaiting trial in Britain on fraud and money-laundering charges. Wasyluk's project lost 750 bitcoins, currently...

  • *Saudi Arabia plans to update QFI programme in 2017. LONDON, Sept 29- Saudi Arabia plans to further open up its stock market to foreign investors later this year as it seeks to become an international capital markets hub, Mohammed Abdullah Elkuwaiz, chairman of the Capital Market Authority told Reuters on Friday. As part of Vision 2030, an ambitious reform plan to...

  • LONDON, SHANGHAI, NEW YORK, Sept 29- Dan Wasyluk discovered the hard way that trading cryptocurrencies such as bitcoin happens in an online Wild West where sheriffs are largely absent. Just months later the exchange collapsed; the man behind it is now awaiting trial in Britain on fraud and money-laundering charges. Wasyluk's project lost 750 bitcoins, currently...

  • MUMBAI, Sept 28- The new chief executive of India's National Stock Exchange told Reuters he does not expect the bourse's eagerly awaited listing to take place until the second half of 2018.. The exchange had originally planned to go public this year, in what could be one of India's biggest ever IPOs. NSE has applied to the Securities and Exchange Board of India, the...

  • LONDON, Sept 28- Credit rating agencies, which have their main European offices in London, may have to move significant numbers of staff to other parts of the European Union in time for Brexit, the EU's markets watchdog said on Thursday. ESMA, the European Securities and Markets Authority, recently asked S&P Global, Moody's, Fitch and other rating firms for...

  • MUMBAI, Sept 28- The new chief executive of India's National Stock Exchange told Reuters he does not expect the bourse's eagerly awaited listing to take place until the second half of 2018.. The exchange had originally planned to go public this year, in what could be one of India's biggest ever IPOs. NSE has applied to the Securities and Exchange Board of India, the...

  • MOSCOW, Sept 27- Credit rating agency Moody's said on Wednesday it had upgraded Russia's Credit Bank of Moscow as it expected the bank, one of the country's largest, to benefit from the central bank's support if needed. Russia's banking sector is under scrutiny after two major private lenders, Otkritie Bank and B&N Bank, had to be rescued by the central bank in a...

  • MEXICO CITY, Sept 26- As many as 10 companies could list on Mexico's stock exchange by the end of 2017, sources from the exchange said, potentially marking a record year ahead of slower expected activity in 2018 due to Mexico's elections. Since January, four companies have listed in Mexico, raising a combined $2.1 billion in initial public offerings.

  • REUTERS SUMMIT- FCA CEO EXPECTS FCA TO BECOME REGULATOR FOR CREDIT RATING AGENCIES, TRADE REPOSITORIES IN UK.

  • WASHINGTON, Sept 22- The U.S. Commodity Futures Trading Commission ordered Merrill Lynch, Pierce, Fenner& Smith Inc to pay a $2.5 million civil penalty on Friday for record-keeping violations and failing to properly supervise its traders in 2010.. The settlement followed probes in 2009 and 2010 by CME Group into the firms trading in U.S. dollar interest rate...

  • *Yuan flows likely be positive for IPO activity in China. HONG KONG, Sept 22- China- focused venture capital funds are increasing their bets on local technology companies and a further opening of Chinese domestic capital markets, raising money in the yuan at the fastest pace in five years. Those include the 350 billion yuan sought by the China Structural Reform...

  • WASHINGTON, Sept 21- The top U.S. markets regulator has revealed that hackers accessed its corporate disclosure database and may have illegally profited by trading on the information stolen. A: Some time in 2016. The Securities and Exchange Commission determined in August 2017 that the hack may have led to insider trading. A: The SEC has not said who the...

  • WASHINGTON, Sept 21- The top U.S. markets regulator has revealed that hackers accessed its corporate disclosure database and may have illegally profited by trading on the information stolen. A: Some time in 2016. The Securities and Exchange Commission determined in August 2017 that the hack may have led to insider trading. A: The SEC has not said who the...

  • WASHINGTON, Sept 21- The top U.S. markets regulator has revealed that hackers accessed its corporate disclosure database and may have illegally profited by trading on the information stolen. A: Some time in 2016. The Securities and Exchange Commission determined in August 2017 that the hack may have led to insider trading. A: The SEC has not said who the...

  • WASHINGTON, Sept 21- The top U.S. markets regulator has revealed that hackers accessed its corporate disclosure database and may have illegally profited by trading on the information stolen. A: Some time in 2016. The Securities and Exchange Commission determined in August 2017 that the hack may have led to insider trading. A: The SEC has not said who the...

  • WASHINGTON, Sept 21- The top U.S. markets regulator has revealed that hackers accessed its corporate disclosure database and may have illegally profited by trading on the information stolen. A: Some time in 2016. The Securities and Exchange Commission determined in August 2017 that the hack may have led to insider trading. A: The SEC has not said who the...

  • WASHINGTON, Sept 21- The top U.S. markets regulator has revealed that hackers accessed its corporate disclosure database and may have illegally profited by trading on the information stolen. A: Some time in 2016. The Securities and Exchange Commission determined in August 2017 that the hack may have led to insider trading. A: The SEC has not said who the...

  • *Decision comes amid flurry of payments deals in Europe. *Portugal's SIBS, Germany's BS Payone also on the block. FRANKFURT/ LONDON, Sept 20- Swiss stock exchange operator SIX Group has hired JPMorgan to look at options for its payments unit, including a sale worth up to 2 billion Swiss francs, sources familiar with the plans told Reuters.

  • **Germany's Thyssenkrupp and India's Tata Steel agreed on Wednesday to merge their European steel operations, creating the continent's No.2 steelmaker with revenues of 15 billion euros. **Japan's Toshiba Corp agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the...