Search Results for: CIF
Moody’s downgrades three major Russian Financial Institutions
January 20th, 2015
Moody’s Investors Service has on Monday 19, 2015 downgrades three major Russian Financial Institutions namely Sberbank, Agency for Housing Mortgage Lending OJSC and Vnesheconombank. These actions follow the weakening of Russia’s credit profile, as reflected by Moody’s downgrade of Russia’s ...
The first stage in the washing cycle – Placement (video)
January 19th, 2015
Placement Placement is the first stage of the money laundering process. It is the process of placing, through deposits or other means, unlawful cash proceeds into traditional financial institutions. At this stage cash derived from criminal activity is infused ...
GFG Weekly Market Insight – 2015: The Year of Massive Market Volatility? (week 12 Jan 2015)
January 16th, 2015
We continue to believe that one of the big themes to play out in the financial markets in 2015 will be increasing multi-asset class volatility. Reasons to think this may be the case include: (1) the bullish chart technicals ...
Russia Abandons PetroDollar By Opening Reserve Fund
January 16th, 2015
2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. A hostage to such prices, the ruble has yet to ...
Asian Stocks Slide With U.S. Futures, Bonds Climb on SNB
January 16th, 2015
Asian shares dropped with U.S. index futures as the market turmoil sparked by Switzerland abandoning the franc’s cap extended into a second day. Sovereign bonds rallied and gold traded near a four-month high. The MSCI Asia Pacific Index fell 0.6 percent ...
SEC Adopts Rules to Increase Transparency in Security-Based Swap Market
January 15th, 2015
The Securities and Exchange Commission today adopted two new sets of rules that will require security-based swap data repositories (SDRs) to register with the SEC and prescribe reporting and public dissemination requirements for security-based swap transaction data. The SEC ...
Euro-MPs back LuxLeaks tax probe
January 15th, 2015
European lawmakers backed an official probe into tax evasion Wednesday, a hot topic after the “Luxleaks” scandal that has embroiled EU commission head and former Luxembourg premier Jean-Claude Juncker. The Greens group said it had collected enough votes to ...
APX and IRESS announce connectivity to new trading platform
January 15th, 2015
Asia Pacific Stock Exchange (APX) and IRESS (ASX: IRE) today announced that IRESS will integrate support for the APX market into its well recognised trading platforms. This will provide order management and real time market data support for the ...
Asia shares rise after commodities rebound, dollar regains ground
January 15th, 2015
Spreadbetters see higher open for European bourses RBI surprises with rate cut, Indian stocks rally Mood over risk assets still subdued after weak U.S. data Dollar gains some respite as U.S. yields inch up after plunge Asian stocks mostly ...
Deutsche Bank Sued by TPV Founder Over $32 Million Loss
January 14th, 2015
Deutsche Bank AG was sued in Singapore by Stanley Pan Fang-Jen, a co-founder of Hong Kong-based TPV Technology Ltd. (903), over a $32 million trading loss due to alleged false representations. The bank denied wrongdoing. The bank advised the ...
