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U.S. to get coveted Alibaba IPO after Hong Kong talks founder

Chinese e-commerce giant Alibaba Group Holding Ltd will pursue an IPO in the United States after talks with Hong Kong regulators broke down, a move bound to set off a dogfight between the two main U.S. stock boards for the offering. The loss of the sale, which bankers have estimated […]

U.S., UK to fine ICAP, charge staff over Libor scam

U.S. and British authorities are hours away from fining ICAP, the world’s biggest interdealer-broker, and charging current and former staff in connection with the manipulation of the Libor benchmark interest rate. The rate rigging scandal, which has laid bare the failings of regulators and bank bosses, has already seen three […]

26 Dealing Members Involved in Unauthorised Sales of Investors Shares between 2012, August 2013

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Monday published on its website a list of Dealing Member Firms involved in unauthorized sales of investors’ shares between January 2012 and September 2013. The list shows that the cases of 14 firms out of the 26 listed have been […]