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Germany gives Greece names of 10,000 citizens suspected of dodging taxes
November 26th, 2015
Inventory includes accounts invested in Swiss banks worth €3.6bn as Alexis Tsipras pledges to tackle tax dodging to pull country out of economic meltdown Germany has handed Athens the names of more than 10,000 of its citizens suspected of ...
Saxo Bank signed partnership with JSC Galt & Taggart
November 25th, 2015
Saxo Bank, the multi-asset trading and investment specialist, today presents its new white label partnership with JSC Galt & Taggart, a wholly owned investment banking subsidiary of Bank of Georgia Holdings PLC listed on the main market of the ...
10 Forex Concepts You Need to Understand
November 25th, 2015
The foreign exchange (forex, FX for short) is the world’s most liquid financial market, with a daily turnover of $5.3 trillion(1). Each day, governments, multinational corporations, banks, investors and traders exchange currencies on the open market to facilitate ...
A stronger Banking Union: New measures to reinforce deposit protection and further reduce banking risks
November 25th, 2015
Today, the Commission has proposed a euro-area wide insurance scheme for bank deposits and has set out further measures to reduce remaining risks in the banking sector in parallel. The recent crisis has shown that large economic and financial ...
Big Oil: Which Are The Top 10 Biggest Oil Companies?
November 25th, 2015
Energy analysts are paying a lot of attention to which companies are cutting back on drilling, which are going bankrupt, and who will be able to survive the downturn. At least 37 oil and gas companies have filed for bankruptcy so ...
Greece Gets Aid Infusion as EU Counts on Tsipras for Reforms
November 25th, 2015
ESM approves payment of 2 billion euros after milestones met EU’s Dombrovskis says bank decisions due within weeks Greece unlocked more of its rescue funds as the euro area called on Prime Minister Alexis Tsipras to maintain his nation’s ...
Head of Hong Kong-based brokerage Guotai is missing
November 24th, 2015
Head of Hong Kong-based brokerage Guotai Junan International ‘missing’ in case linked to probe of CSRC vice-chairman Shares hammered, closing down more than 12 per cent, after company says it has been unable to contact chairman since Wednesday The ...
ECB Says Leverage Ratio Makes Banks More Stable
November 24th, 2015
Lenders have raised concerns new standard could prompt them to take more risk, offsetting benefits The European Central Bank said Monday that a leverage ratio requirement may tempt some banks to take more risk, but will still make them ...
HSBC cuts UAE retail, commercial bank jobs
November 23rd, 2015
HSBC has cut jobs in its retail and commercial banking units in the United Arab Emirates (UAE) as the bank prepares for lower growth in the Gulf Arab state next year, a source familiar with the matter said on ...
China busts largest underground banking case
November 23rd, 2015
Police in east China‘s Zhejiang Province have busted the country’s largest underground banking case, which involved transactions totalling 410 billion yuan (64 bln U.S. dollars), the Ministry of Public Security said Thursday. A total of 100 suspects from eight ...
