Search Results for: Swiss bank
Saxo Bank reports higher profits and client assets as diversification strategy yields results
September 30th, 2016
Saxo Bank Group (“The Group”) has reported a net profit of DKK 158 million for the first six months of 2016. During the same period, client collateral deposits continued to rise, increasing by DKK 6 billion, compared to H1 ...
FOREX-Yen, Swiss franc near 1-month high vs dollar as risk sentiment sours
September 30th, 2016
Yen on course to post 3 straight quarters of gains Swiss franc hits one-mth peak vs dollar, 6-week high on euro Concerns about Deutsche Bank sour risk sentiment Sterling in longest losing quarterly streak since 1984 The Japanese yen ...
UBS wins big bank backing for Utility Settlement Coin concept
August 24th, 2016
BNY Mellon, Deutsche Bank, Icap and Santander have joined with UBS and Clearmatics to advance the Utility Settlement Coin, an asset-backed digital cash instrument implemented on distributed ledger technology. UBS and Clearmatics floated the model in September 2015 to ...
Bank of Japan released review on FX margin trading in Japan
August 22nd, 2016
The Bank of Japan has issued a Review to make publish recent trends in Foreign Exchange (FX) margin trading in Japan. Below is a summary of the Review: Foreign exchange (FX) margin trading in Japan has an enormous impact ...
Mass Bank Account Data Shared By German State
August 12th, 2016
The German state of North Rhine-Westphalia has sent to foreign tax authorities information on more than 100,000 bank account holders suspected of attempting to evade tax in 19 countries, the state’s finance ministry has announced. The state Government revealed ...
Most European Banks Survive Stress Test
August 1st, 2016
European regulators gave most banks a clean bill of health in “stress tests” despite the Continent’s sluggish growth and low interest rates, saying only a clutch of lenders would struggle to ride out a hypothetical severe economic downturn. The European ...
A computerized trading firm beat Banks in the rankings of the world’s biggest spot currency traders
May 26th, 2016
XTX is the first electronic specialist to break into top five Deutsche Bank was the biggest currency trader until 2014 Computerized trading firm XTX Markets Ltd. has come from nowhere to dethrone major banks including Deutsche Bank AG in the ...
Europe Shares Rise With Banks as Investors Speculate on Fed Hike
May 19th, 2016
Fed presidents said that at least two hikes may be warranted Burberry retreats after reporting drop in annual earnings Banks propelled a rebound in European stocks, while investors weighed the possibility of the Federal Reserve increasing interest rates sooner ...
Saxo Bank appoints Chief Economist and CIO Steen Jakobsen as co-head of Global Sales Trading
May 17th, 2016
Saxo Bank has announced that Chief Economist Steen Jakobsen will join Theo Papathanasiou as co-head of Global Sales Trading. In conjunction with his new duties, Steen Jakobsen will remain Saxo Bank’s Chief Economist and CIO. The new setup is ...
Banks told to declare links to Panama Papers law firm by next week
April 8th, 2016
Banks and financial firms have been told to hand over any information about their dealings with the law firm at the centre of the Panama Papers to the UK’s Financial Conduct Authority by a week on Friday. The City regulator had ...
