
Ex-Mizuho Bond Traders Lose Bid to Lift UK Bans Over Spoofing
Diego Urra, Jorge Lopez Gonzalez and Poojan Sheth had sought to challenge the Financial Conduct Authority, which said the three engaged in manipulation by spoofing the market. The men were accused of placing large 'misleading' orders for certain trades that they had no intention of executing in the weeks before and after the Brexit vote in 2016.
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Yahoo
12 hours ago
- Yahoo
DHL appoints new chiefs for Americas divisions
German parcel and logistics giant DHL has revamped its Americas region leadership team overseeing the Global Forwarding, Supply Chain and eCommerce divisions. On Wednesday, DHL Global Forwarding notified customers that Michael Young will assume the role of CEO for the United States, effective Aug. 1. He will replace Robert Reiter, who is preparing to leave the company to move abroad and explore other professional opportunities. Young currently serves as CEO of Global Forwarding for the United Kingdom and Ireland, and president of Global Motorsports. He has more than 30 years of experience within DHL Global Forwarding, having held senior commercial and leadership roles across the organization at the country, regional, and global levels. During his tenure as CEO for the UK and Ireland he guided the organization through major macroeconomic challenges, including the Brexit transition. In his concurrent role as head of Global Motorsports, he has been instrumental in strengthening DHL's long-standing partnership with Formula 1, according to the company. The company separately announced this week that Scott Ashbaugh has been promoted from chief commercial officer to CEO for DHL eCommerce Americas, in response to the scheduled retirement of Lee Spratt at the end of the year. He will be based at Americas headquarters in Weston, Florida. Ashbaugh has held various leadership roles during his 16 years at DHL. Before transitioning to the revenue side as chief commercial officer, he spent more than decade overseeing operations across both the domestic and international networks. He has extensive knowledge of DHL's delivery systems and the e-commerce environment, DHL said. 'I'm very pleased to have Scott at the helm of our Americas operations, a market of strategic importance for our customers and the growing e-commerce sector,' said Pablo Ciano, CEO of DHL eCommerce, in a news release. 'Scott has been a vital contributor to our success, and I am confident he will effectively lead our division's growth strategy while empowering our talented leaders and employees to deliver reliable, affordable and sustainable services to our customers.' On June 20, DHL Group announced the immediate promotion of Mark Kunar to CEO of DHL Supply Chain North America to replace Patrick Kelleher, who resigned. Keller only held the job for one year. Kunar previously was CFO and chief strategy officer for the regional business unit. 'Mark's broad supply chain and management expertise, paired with his proven commercial acumen and his balanced leadership style makes him the ideal candidate to take our business into the future in this key market. His leadership will be instrumental in guiding DHL Supply Chain North America as we continue to focus on excellence and innovation in our operations,' said Oscar de Bok, CEO of DHL Supply Chain. Kunar is responsible for managing the business across the United States and Canada, leading a workforce of 52,000 associates. He said his immediate focus is to smoothly integrate newly acquired businesses, such as Inmar Supply Chain Solutions, IDS Fulfillment and Tennessee-based CryoPDP, a specialty courier serving the pharmaceutical industry. Kunar joined DHL Supply Chain in 1996 as a financial analyst and has since held various operational, finance, commercial and functional management positions. He became CFO and chief strategy officer in 2024. Click here for more FreightWaves/American Shipper stories by Eric Kulisch. DHL Express Canada resumes service after workers ratify labor deal DHL acquires US e-commerce logistics business IDS Fulfillment DHL Express rotates Americas CEO to Europe The post DHL appoints new chiefs for Americas divisions appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Skift
14 hours ago
- Skift
UK Events Industry Pushes for EU Deal to Ease Post-Brexit Barriers
As Brexit fallout continues to hamper international attendance, UK event leaders are calling for targeted agreements with the EU to restore cross-border mobility and recover international business lost to red tape and rising costs. The UK events industry is urging policymakers to negotiate a Mutual Recognition Agreement (MRA) with the European Union to ease cross-border rules that have disrupted trade shows, exhibitions, and meetings since Brexit. Britain's exit from the EU was finalized in 2020 when the two sides agreed to a trade deal. The UK' $84.7 billion events sector has seen a drop in international exhibitors and delegates due to increased red tape, visa delays, and logistical hurdles. 'Business events support trade and regional economies. The ability to operate easily across borders is essential,' said Shaun Davies, Labour MP for Telford and chair of the All-Party Parliamentary Group for Events. Patchwork of Systems to Navigate Event professionals must now navigate 27 separate immigration systems. Each with its own short-term work requirements. Belgium, for example, requires a work permit even for visits under 90 days. These hurdles have forced some major shows to relocate. One example is ICE (International Casinos Exhibition), a major gaming industry trade show. It is relocating from London to Barcelona. Organizers cite rising costs and logistical burdens for EU-based exhibitors as a driving factor in the decision. Led by the Events Industry Alliance, the campaign seeks to restore international cooperation and position the UK as a more accessible destination for global events. A new white paper by The Business of Events outlines further recommendations. They include reopening the EU-UK Trade and Cooperation Agreement to allow for an events-specific visa exemption, issuing clear country-by-country guidance, and creating centralized support services to help professionals comply with EU work requirements. These steps, the paper argues, would help the UK stay competitive and grow in a post-Brexit world.

Associated Press
14 hours ago
- Associated Press
Ecora Resources PLC Announces 2024 Final Dividend: Amounts Per Ordinary Share
2024 Final Dividend: Amounts per ordinary share in Sterling and Canadian Dollar LONDON, UK / ACCESS Newswire / July 2, 2025 / Further to the approval by shareholders at the Company's Annual General Meeting on 5 June 2025 of the final dividend for 2024 of 1.11c per ordinary share, the equivalent of the final dividend, in Sterling is 0.8086 pence per share and in Canadian Dollars is 1.5158 Canadian cents per share based on exchange rates of US$1=£0.7285 and US$1=C$1.3656. The US$:£/C$ conversion rates were determined by the prevailing rates on Friday 27 June 2025, being the record date for the final dividend. The payment date of the 2024 final dividend is Friday 25 July 2025. For further information: This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit SOURCE: Ecora Resources PLC press release