North America
North America | 6 Sep 17
FBI arrests radio show host in $5.6m investment fraud
The co-host of a US sports radio show has been arrested by the FBI on investment fraud-related charges in connection with an alleged fake ticket scam that he started after accumulating millions in gambling debts.
Asset manager vindicated in mammoth £1bn Guernsey court case
US-based The Carlyle Group has won a civil case against claims it was in breach of its duties in the management of a Guernsey fund leading to total investment losses in the 2008 global financial crash.
North America | 4 Sep 17
US Republicans lobby to scrap Fatca and tax on citizens abroad
The Republican National Committee (RNC) has urged president Donald Trump to replace citizenship-based taxation, and therefore scrap the Foreign Account Tax Compliance Act (Fatca), in his tax reform package.
Macro Views | 4 Sep 17
‘Harvey damage will force Fed to hold rates’
The damage caused by hurricane Harvey will dampen US GDP growth to an extent that will force the Fed to forget about hiking rates further this year, it has been claimed.
Investment | 1 Sep 17
US regulator to examine ETP impact on markets and investors
The Securities and Exchange Commission (SEC) is to examine the fast-growing market for exchange-traded products (ETPs) and its implications for investors in a forum with New York University.