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HITC - Here Is The City

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HITC - Here Is The City

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Today’s wisecrack could become tomorrow’s market rigging scandal!

http://hereisthecity.com/en-gb/2015/05/21/market-riggers-beware/
There was a joke going round when I worked on Wall Street that raised a chuckle back then, but would almost have you reporting yourself to HR these days.
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McDonald's workers descend on headquarters to protest 'poverty wages'

http://hereisthecity.com/en-gb/2015/05/21/mcdonalds-workers-descend-on-headquarters-to-protest-poverty-wag/
Thousands of McDonald’s employees and union activists descended on the company’s headquarters near Chicago on Thursday to hold the biggest ever protest against “poverty wages” paid to most of its 400,000 employees, as the company’s board gathered for its annual shareholder meeting.
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Royal Bank of Scotland said it would take into account the $669m paid in fines to U.S. authorities following misconduct in its foreign exchange business when making future pay decisions for its staff.
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Dealmaking hit an eight-year high in the first quarter as the cost of doing deals remains low and companies are chasing organic growth, the co-president of private equity firm THL Partners said Wednesday.
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HITC - Here Is The City

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The cache of documents published by regulators alongside the details of the fines has again lifted the lid on the banter between traders involved in rigging the forex markets.
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Deutsche Bank’s two chief executives faced down a storm of shareholder criticism on Thursday by conceding that their performance had fallen short and asking the bank’s owners for continued backing as they cut costs and reshape strategy.
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Barclays pleaded guilty to a U.S. criminal charge and was fined $2.4bn by U.S. and British authorities on Wednesday for manipulating foreign exchange rates.
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The ultimate city running race, the Bloomberg Square Mile Relay, will return to London on Thursday 17th September 2015 as runners from the London’s biggest organisations swap their suits for tracksuits and take up their batons for the world’s most unique relay event.
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BNP Paribas’s head of high-yield credit trading for Europe, the Middle East and Africa has left the firm, according to a person with knowledge of the matter.
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Have them in circles
126 people
Nilton Arnaldo Paulino Cuinhane's profile photo
David Graham's profile photo
Vincent Ralph's profile photo
Che Thomas's profile photo
Bitcoin Trading's profile photo
Chris Linnell's profile photo
Olubunmi C Alli Balogun's profile photo
HITC Sport's profile photo
Yuriy Bush's profile photo
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Here Is The City, digitally native since 2000, bringing you news and sometime irreverant views, specialising in business, sport, tech, lifestyle, and politics.