Search Results for: European Investment Bank
Firm fined by MNB for performing unauthorised tied agent activity relating to investment services for firms domiciled in Cyprus and UK
September 24th, 2015
Magyar Nemzeti Bank (MNB), the Central Bank of Hungary, has issued an announcement to inform on its decision to impose a market surveillance penalty of HUF 90 million to CFD Markets Kft. which has performed capital market tied agent ...
European stocks rise despite China fears, Volkswagen up 4%
September 23rd, 2015
European stocks were trading higher on Wednesday in what has been a choppy morning of trade amid renewed fears over the health of the Chinese economy and continued fallout from the Volkswagen emissions scandal. The pan-European STOXX 600 was up was ...
Big Banks Cutting Tens Of Thousands Of Jobs; Huge Implications
September 16th, 2015
Money center banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to have hit a wall, and are now shedding tens of thousands of workers. Three ...
Big Banks Agree to Settle Swaps Lawsuit
September 14th, 2015
Dozen banks, Markit and International Swaps and Derivatives Association to pay combined $1.87 billion Wall Street’s biggest banks have agreed to a tentative settlement over allegations that they conspired to rig the market for credit derivatives. Twelve banks and ...
Morgan Stanley: Central Banks Are Playing a Game of Chess That Results in an Endless Cycle of Easing
September 2nd, 2015
The struggle for inflation is real and strategic After the European Central Bank decided to initiate an asset purchasing program, President Mario Draghi reportedly elected to unwind with a game of chess on his iPad during the plane ride back to ...
Investors Welcome Newly Released World Bank Green Bond Impact Report
August 12th, 2015
STORY HIGHLIGHTS The first World Bank (IBRD) Green Bond Impact Report provides an overview of the environmental and social impacts expected from eligible projects that help World Bank client countries adapt to and mitigate the effects of climate change. ...
Citigroup Hires Ex-Deutsche Bank Prime Services Duo in London
August 12th, 2015
Citigroup Inc.C -1.91% has hired two former London-based Deutsche Bank AGDBK.XE -1.53% managers for its European client-services businesses, as the U.S. bank aims to attract more hedge funds as clients in stock-trading and other areas, according to an internal memo sent to employees on Tuesday. Citigroup ...
Euro Area Investment Fund Statistics May 2015
July 22nd, 2015
In May 2015, the amount outstanding of shares/units issued by euro area investment funds other than money market funds was €106 billion higher than in April 2015. This increase was due mainly to net issues of shares/units. The amount ...
Capital Markets Union should ease cross-border investment and finance for SMEs
July 10th, 2015
The EU Capital Markets Union (CMU) should provide a new, more efficient way to channel savings into small business ventures and protect cross-border investors in the EU, says a non-binding resolution voted on Thursday. MEPs want CMU building blocks, ...
Leading Global Banks, Service Providers and Market Infrastructures Create New Hub for End-to-End Margin Processing
July 8th, 2015
Goal is to facilitate compliance with new margin regulations for non-cleared derivatives effective in 2016 Thirteen major global banks, ICAP plc and market infrastructures The Depository Trust & Clearing Corporation (DTCC) and Euroclear have joined forces with AcadiaSoft, Inc. ...
