Search Results for: EU
ECB watchdog says bank safety checks running according to plan
July 9th, 2014
Efforts by the European Central Bank to collect reams of lending data from leading euro zone banks are almost done, and plans to complete safety checks are running according to plan, the ECB’s top financial supervisor said on Wednesday. ...
GBX Technologies includes TOPFX as Liquidity provider
July 9th, 2014
GBX Technologies Ltd, the Hong Kong-based developer of bespoke foreign exchange technology solutions, is pleased to announce the expansion of its liquidity providers to include TopFx, the global Prime Broker. Authorised and regulated by the Cyprus Securities and Exchange ...
Silicon Valley is moving into Bitcoin
July 9th, 2014
Richard Waters, writing in Financial Times, is reporting that Silicon Valley’s A-Listers seem to be fast climbing onto the Bitcoin bandwagon. More and more of Silicon Valley’s venture capitalists have been queuing up to invest in Bitcoin start-ups. Yesterday, ...
Stagflation for HSBC Means Russian Ruble Seen Weakening
July 9th, 2014
The weakest pace of economic growth in five years combined with the fastest inflation (RUCPIYOY) in three are prompting the most-accurate ruble forecaster to predict steeper declines for the currency. The ruble will fall 9.2 percent to 37.50 by ...
BOJ may slightly cut economic forecast, policy seen steady
July 9th, 2014
The Bank of Japan may trim its economic growth forecast for the current year next week, sources familiar with its thinking said, reflecting soft exports and a bigger-than-expected slump in household spending after a sales tax hike in April. ...
Vatican bank chief to step down amid restructure
July 9th, 2014
The president and four non-executive members of the governing board of the Vatican bank are due to step down. The move, part of a restructure of the Catholic Church’s central government, will be announced on Wednesday. Pope Francis has ...
Barclays rebuilds top team at investment bank unit
July 9th, 2014
Barclays has reshuffled its investment banking team, promoting people to senior positions in Asia, Europe and the US to fill gaps created when executives left after it announced a sweeping restructuring of the underperforming division. The moves are a ...
China’s Inflation May Lead to More Stimulus
July 9th, 2014
China’s consumer inflation cooled slightly more than expected in June, pointing to lingering weakness in the economy which could prompt Beijing to launch further stimulus measures to shore up growth. The consumer price index (CPI) rose 2.3 percent in ...
Citigroup may pay $7 billion to resolve U.S. mortgage probes
July 9th, 2014
Citigroup Inc is close to paying about $7 billion to resolve a U.S. probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the run-up to the financial crisis, a source familiar with the ...
U.S. Treasury Prices Rally on Weak Equities
July 9th, 2014
U.S. Treasury yields fell on Tuesday after the U.S. government’s auction of 3-year Treasury notes, the first of three debt auctions this week. The Treasury Department auctioned $27 billion in three-year notes at a high yield of 0.992 percent, ...
