COMPLIANCE
CIBC Slapped with Fine from US Regulators
The Canadian bank is facing a total fine of US$42M due to poor record-keeping and using inappropriate communication methods (e.g. text messaging). The fines are imposed by U.S. regulators: Securities and Exchange Commission (SEC) and The Commodity Futures Trading Commission (CFTC).
COMPLIANCE
DOJ Cracks Down on Visa
The U.S. Department of Justice (DOJ) has filed an anti-trust case again credit card giant, Visa, for having a debit card monopoly which could be costing merchants and consumers billions of dollars.
INVESTMENT BANKING
Australian IPOs Hit Low
IPO’s in Australia have reached a low not seen since 2008 (Global Financial Crisis).
The quickest way to level up, become smarter & add value to your career in finance.
Signup for the FREE weekly newsletter: The Finance & Money Edge.
Get smarter about:
A weekly non-stuffy 2-minute read.
We value your privacy. We will never rent, sell or exchange your details. Our privacy policy.
