News Centre

Bermuda Stock Exchange: HSBC Announces Settlements With U.S. Authorities

Date 11/12/2012

In a filing to the Bermuda Stock Exchange (“BSX”), HSBC Holdings plc (Ticker: HSBC.BH), announced that HSBC has reached agreement with United States authorities in relation to investigations regarding inadequate compliance with anti-money laundering and sanctions laws. This includes a Deferred Prosecution Agreement (DPA) with the US Department of Justice. HSBC has also reached agreement to achieve a global resolution with all other US government agencies that have investigated HSBC’s past conduct related to these issues1 and anticipates finalising an undertaking with the United Kingdom Financial Services Authority shortly.

NYSE Group Inc. Issues Short Interest Report

Date 11/12/2012

The NYSE Group, Inc. today reported short interest as of the close of business on the settlement date of November 30, 2012.

NASDAQ Announces End-Of-Month Open Short Interest Positions In NASDAQ Stocks As Of Settlement Date November 30, 2012

Date 11/12/2012

At the end of the settlement date of November 30, 2012, short interest in 2,157 NASDAQ Global Market^SM securities totaled 7,417,693,054 shares compared with 7,228,550,429 shares in 2,161 Global Market issues reported for the prior settlement date of November 15, 2012. The end-of-November short interest represents 4.53 days average daily NASDAQ Global Market share volume for the reporting period, compared with 4.00 days for the prior reporting period.

NYSE MKT Issues Short Interest Report

Date 11/12/2012

NYSE MKT (formerly known as NYSE Amex) today reported short interest as of the close of business on the settlement date of November 30, 2012.

UK Serious Fraud Office - LIBOR: Three Arrested

Date 11/12/2012

Today the Serious Fraud Office, with the assistance of the City of London Police, executed search warrants at three residential premises in Surrey (1) and Essex (2).  Three men, aged 33, 41 and 47, have been arrested and taken to a London police station for interview in connection with the investigation into the manipulation of LIBOR.  The men are all British nationals currently living in the United Kingdom. 

Dubai SME And NASDAQ Dubai Sign Agreement To Support Growth And Expansion Of SME Sector - Options Include Initial Public Offering (IPO) On Region's International Exchange - Partnership Promotes Success Of SME Sector In Supporting Dubai's Continuing Economic Growth

Date 11/12/2012

Dubai SME, the agency of the Department of Economic Development (DED) mandated to develop the small and medium enterprise (SME) sector, and NASDAQ Dubai, the region's international exchange, today signed an agreement to guide SMEs towards suitable financing options to fund their growth, including carrying out an initial public offering (IPO).

SEC Charges New York-Based Fund Manager With Conducting Fraudulent Trading Schemes

Date 11/12/2012

The Securities and Exchange Commission today charged a New York-based fund manager with conducting a pair of illegal trading schemes to financially benefit his investment fund Octagon Capital Partners LP.

Federal Reserve Board Issues Consent Cease And Desist Order, And Assesses Civil Money Penalty Against HSBC Holdings PLC And HSBC North America Holdings, Inc.

Date 11/12/2012

The Federal Reserve Board on Tuesday issued a consent cease and desist order against HSBC Holdings plc, London, United Kingdom, (Holdings) and assessed a $165 million civil money penalty against Holdings and its subsidiary in the United States, HSBC North America Holdings, Inc., New York, New York (HNAH). The civil money penalty is the largest the Federal Reserve has assessed as a result of unsafe and unsound practices related to insufficient compliance with Bank Secrecy Act and anti-money laundering requirements, and U.S. economic sanctions.

SEC Charges New Jersey-Based Consultant To Chinese Reverse Merger Companies With Violating Securities Laws

Date 11/12/2012

The Securities and Exchange Commission today charged a New Jersey-based consultant with violating securities laws and defrauding some investors while helping Chinese companies gain access to the U.S. capital markets.

European Commission Statement On The Authorisation Of Enhanced Cooperation For The Financial Transactions Tax

Date 11/12/2012

Chair, Honourable Members,

I wish first to thank the European Parliament, and in particular the rapporteur, Mrs Anni Podimata, for its excellent work and its support on this important file.