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| UBS, Deutsche Bank and HSBC to pay millions in spoofing settlement, CFTC says Deutsche Bank will pay $30 million, UBS $15 million and HSBC $1.6 million to settle civil charges that some of their traders engaged in spoofing in the precious metals market. The CFTC charged six individuals, and the Department of Justice charged eight with crimes related to deceptive trading in a ...
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| Fossil of school bus-sized dinosaur dug up in Egyptian desert Artist's life reconstruction of the titanosaurian dinosaur Mansourasaurus shahinae on a coastline in what is now the Western Desert of Egypt approximately 80 million years ago is pictured in this undated handout image obtained by Reuters on January 29, 2018. Andrew McAfee/Carnegie Museum of ...
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| Crypto Hedge Fund Polychain Says No IPO in the Works Cryptocurrency hedge fund Polychain Capital is pushing back against a report that it is seeking to raise hundreds of millions of dollars in an initial public offering (IPO). Bloomberg, citing a source with knowledge of the process, reported Monday that the firm – which launched in 2016 with the backing of ...
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| Faraday Future claims former CFO stole trade secrets and employees in explosive new lawsuit Faraday Future claims that former CFO Stefan Krause solicited employees to follow him to a new project in his final days with the company, and that his new startup may have been involved in the theft of trade secrets, according to a new lawsuit filed today in Central California District Court. The lawsuit ...
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