Search Results for: World Bank
NAB Asset Servicing appoints Citi as global custody provider
November 5th, 2015
National Australia Bank (NAB) Asset Servicing today announced it has appointed Citi as its global custodian. NAB Group Executive Product & Markets, Antony Cahill, said the appointment of Citi would enable NAB to deliver a unique service offering by ...
Bitcoin to be 6th largest reserve currency by 2030: Research
November 5th, 2015
Bitcoin industry insiders have issued an optimistic prediction for the cryptocurrency over the next few decades, suggesting it could be as widely used as the Swiss franc or the Australian dollar. U.K.-based Magister Advisors, which advises the technology industry ...
Law firms consider deal to create a leading global law firm
November 5th, 2015
Pacific Rim Powerhouse: Dentons, 大成, Gadens and Rodyk & Davidson consider deal to create the Pacific Rim’s leading global law firm The global law firm Dentons, the Chinese firm 大成, the Singapore firm Rodyk & Davidson, and the Australian ...
Gold Price Drops ‘Clean Through Support’ as Precious ETFs Shrink, US Jobs Hit Forecast
November 5th, 2015
GOLD PRICE losses of 2.4% for the week so far worsened in London trade Wednesday as global stock markets rose sharply and new US jobs data put net hiring in the world’s largest economy just ahead of analyst forecasts ...
CySec issued a Circular regarding National Risk Assessment of Anti Money Laundering and Counter Terrorist Financing Measures
November 4th, 2015
The Cyprus Securities and Exchange Commission (CySec), the financial regulator of Cyprus, has issued a Circular to inform Regulated Entities the following: 1) National Risk Assessment (‘NRA’) In accordance with the international standards set by the Financial Action Task ...
VW Emissions Issues Spread to Gasoline Cars
November 4th, 2015
Company adds about 2 billion euros to possible economic risk Tally of 800,000 added to estimated 11 million cars worldwide Volkswagen AG said it found faulty emissions readings for the first time in gasoline-powered vehicles, widening a scandal that so ...
UBS’s third-quarter 2015 results
November 3rd, 2015
UBS 3Q net profit CHF 2.1bn Net profit attributable to shareholders CHF 2.1bn; diluted earnings per share CHF 0.54 Adjusted1 profit before tax CHF 1.0bn Fully applied Swiss SRB Basel III CET1 capital ratio of 14.3% Fully applied Swiss SRB ...
BNP Sued Over $650 Million `Wet Ink’ Error in Al-Sanea Deal
November 3rd, 2015
Golden Belt Sukuk sues French lender in $650 million lawsuit Saudi tycoon’s Saad Group defaulted on the deal in 2009 BNP Paribas SA is being sued by the trustee of a $650 million Islamic finance transaction who said the ...
Asian Stocks Track S&P 500 Gains; Aussie Rises as RBA Stays Put
November 3rd, 2015
Stocks rise from Sydney to Seoul as holiday closes Tokyo S&P 500 topped 2,100, back to pre-yuan devaluation levels Asian stocks climbed after signs of stabilization in global manufacturing activity helped drive the Standard & Poor’s 500 Index to ...
Visa Inc. to Acquire Visa Europe
November 2nd, 2015
Further to the released published today: Visa To Keep UK Presence After BoE Steps In, the company has just announced a definitive agreement for Visa Inc. to acquire Visa Europe. Strategic Acquisition to Create One Global Company That Further Extends Visa’s ...
