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The Insider’s Guide to Insider Trading

Peak Frameworks

Insider trading , a highly controversial topic in financial ethics and law, involves the trading of a public company's stock by individuals with access to non-public, material information about the company. Contrary to popular belief, not all insider trading is illegal.

Trading 52
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People Moves Monday: A string of senior banking appointments

The TRADE

Citi appointed Flavio Figueiredo as global head of foreign exchange, according to an internal memo seen by The TRADE. Stuart Staley, who previously held the position, announced that he was set to leave the bank after almost 20 years this April, having joined in 2004. Lockley and CIBC both declined to comment.

Banking 52
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Citi names new global head of FX

The TRADE

Flavio Figueiredo has been appointed global head of foreign exchange, effective immediately, according to an internal memo seen by The TRADE. Stuart Staley, who previously held the position, announced that he was set to leave the bank after almost 20 years this April, having joined in 2004.

Sale 40
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Citi reports double-digit Q2 decline in investment banking and markets revenue

The TRADE

Additionally, due to lower revenues in both investment banking and corporate lending, banking revenues of $1.2 The bank also posted a decrease in corporate lending revenues which it confirmed was driven by lower volumes. According to an internal memo seen by The TRADE, he took over with immediate effect from interim head Leo Arduini.

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With the Sunset of Its Dual Class Arriving, Veeva Systems (VEEV) Decides to Embrace Stakeholder Governance and Become a Public Benefit Corporation

Transactional Delights

With the loss of its dual class, VEEV has decided to act proactively by calling a special meeting proposal to adopt an amendment to its Charter to become a Public Benefit Corporation (PBC) [4]. 1] Like other tech companies, its share price has doubled since March of this year when it was trading at $133.45. [2] 2] Gassner holds 89.3%

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Hart-Scott-Rodino Act Thresholds Decrease for 2021

Cooley M&A

This is the first time since 2010 that the thresholds have fallen, and only the second time since 2004, when the thresholds started to adjust annually. If you have any questions, please reach out to a member of your Cooley corporate or antitrust teams. Filing thresholds under the HSR Act will decrease by approximately 2.1%

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Demystifying the Liberalised Remittance Scheme: Everything You Need to Know

Razorpay

The Liberalised Remittance Scheme (LRS), introduced by the Reserve Bank of India (RBI) in 2004 under the Foreign Exchange Management Act (FEMA) 1999, empowers Indian residents to send up to $ 2,50,000 abroad annually (April to March). How many times can I remit using Liberalised Remittance Scheme? FAQs What is Liberalised Remittance Scheme?