Search Results for: regulators
Deutsche Bank agrees to pay fines
April 23rd, 2015
Deutsche Bank has issued a press release to inform that: Deutsche Bank has reached a joint settlement with US and UK regulators over all of their remaining investigations into past submissions for interbank offered rates (IBOR) benchmarks. Read also: Deutsche Bank ...
RMB currency of choice for multinational deals
April 22nd, 2015
A report produced by Allen & Overy has found that more than half of multinationals use the renminbi for transactions outside China. This week’s release of the Generation ¥ – RMB: the new global currency by A&O reveals that ...
New York State Superintendent of Financial Services may exclude electronic trades from FX deals
April 22nd, 2015
New York State Superintendent of Financial Services Benjamin Lawsky said evaluations of electronic trading may hold up foreign-exchange settlements for certain banks. Mr. Lawsky, speaking at a Dow Jones risk and compliance conference Tuesday, said it could take the ...
China, Japan stocks up as Beijing steps up stimulus
April 20th, 2015
Stock markets in China and Japan rose on Monday after Beijing’s latest stimulus to shore up the world’s second-largest economy underpinned sentiment and helped limit losses across the rest of Asia. China’s central bank on Sunday cut the amount ...
Big U.S. investors push SEC for oil industry to detail risks of climate change
April 17th, 2015
Calpers, the largest American public pension fund, and nearly 60 other institutional investors will ask the U.S. Securities and Exchange Commission on Friday to require oil and natural gas companies to publish detailed analysis of the risks posed by climate change to ...
Fed Is Expected to Shift on Municipal Bonds
April 17th, 2015
In a change of heart, the Federal Reserve will allow big U.S. banks to use some municipal bonds to meet new rules aimed at ensuring they have enough cash during a financial-market meltdown, according to people familiar with the ...
Hong Kong shares rocket as mainland rally spills over
April 9th, 2015
Funds trying to arbitrage major price differences Chinese funds buying HK shares ahead of Shenzhen pilot Previous attempts failed on tepid demand for HK shares Investors see HK shares as less bubbly than mainland stocks (Adds more detail on ...
Lloyds Bank gives terms and conditions a digital makeover
April 8th, 2015
Lloyds Bank is leading the way in simplifying terms and conditions in an effort to make banking easier for customers Online Banking customers can now watch a short animated infographic which explains the key terms and conditions In a ...
Alexis Tsipras flies to Moscow amid speculation of bailout from Putin
April 8th, 2015
Greek prime minister to sign accords with Russia, including gas price discount and possible loans in return for Greek assets, that would alarm EU creditors The Greek prime minister Alexis Tsipras, began a controversial visit to Moscow on Tuesday as ...
Statement by Glenn Stevens, Governor: Monetary Policy Decision
April 7th, 2015
At its meeting today, the Board decided to leave the cash rate unchanged at 2.25 per cent. Moderate growth in the global economy is expected in 2015, with the US economy continuing to strengthen, even as China’s growth slows ...
