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Credit Suisse Sees Highest Quarterly Earnings in 4 Years

In the second quarter of 2019, net profit jumped by 45 percent year-on-year. After years of struggling for Credit Suisse, it appears that the Swiss bank is starting to get back on its feet, with the firm p...

Interactive Brokers Pays $100K to Settle Supervision Case

Thomas Peterffy, founder of Interactive Brokers (Photo: Bloomberg) Interactive Brokers carried several accounts managed by Peter Zuck, who has a history of financial crime convictions. Interactive Brokers LL...

Credit Suisse Reports Considerable Earnings Jump in Q2

The strong results coincide with the Wall Street bank’s plans to move its London staff to Madrid ahead of Brexit. Multinational investment bank Credit Suisse has released its second-quarter earnings today. T...

Credit Suisse to Pay $77 Million for Bribery Charges

The bank has been charged with obtaining business in Asia by hiring people connected to influential Chinese officials. The Securities and Exchange Commission (SEC) announced on Thursday that Credit Suisse ...

French Regulators Add More Brokers to Caution List

AMF recommends that traders to invest only with financial institutions authorized to do business in the country. The dual regulatory structure in France overseeing the local financial markets via the Autor...

Virtu Financial Buys KCG Holdings for $1.4 Billion

Virtu expects to realize $208 million of net savings in two years, in addition to $440 million of capital synergies. Virtu Financial, Inc. (NASDAQ:VIRT) just announced that it has entered into a definitive...
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