Search Results for: Morgan Stanley
Asian shares wobble as China PMI weighs
March 24th, 2015
An index of Asian shares wobbled between positive and negative territory on Tuesday after a measure of Chinese factory activity unexpectedly skidded to an 11-month low, pointing up weakness in the economy. The flash HSBC/Markit Purchasing Managers’ Index (PMI) ...
Asia stocks stall as Fed-inspired lift peters out, dollar steady
March 20th, 2015
Asian stocks stalled on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged down 0.1 ...
Citigroup, Barclays Close to Settling Forex Lawsuit With Private Investors
March 18th, 2015
Citigroup Inc. and Barclays PLC are expected to pay as much as $800 million combined to settle a lawsuit with investors who say the banks manipulated foreign-exchange rates, according to people close to the situation. The expected settlements would ...
Credit Suisse Joins FXSpotStream’s Price Aggregation Service, Expanding Liquidity Providers to Ten Global Banks
March 17th, 2015
CREDIT SUISSE BECOMES A LIQUIDITY PROVIDER TO FXSPOTSTREAM’S PRICE AGGREGATION SERVICE, EXPANDING FXSPOTSTREAM’S LIQUIDITY PROVIDERS TO TEN GLOBAL FX BANK FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Credit Suisse has agreed to join the ...
Banks announcements following Fed’s “Stress Tests”
March 12th, 2015
Following Federal Reserve “Stress Tests”, Morgan Stanley, JPMorgan Chase and Bank of America issued press releases informing that: Morgan Stanley Announces Share Repurchase of Up to $3.1 Billion of Common Stock and the Increase of Its Quarterly Dividend to ...
The Last, Great Run For The U.S. Dollar, The Death Of The Euro And 74 Trillion In Currency Derivatives At Risk
March 12th, 2015
Are we on the verge of an unprecedented global currency crisis? On Tuesday, the euro briefly fell below $1.07 for the first time in almost a dozen years. And the U.S. dollar continues to surge against almost every other ...
Big Banks Struggle to Pass Fed’s ‘Stress Tests’
March 12th, 2015
Bank of America must resubmit proposal to address certain weaknesses Four of the biggest names on Wall Street struggled to pass the Federal Reserve’s 2015 “stress tests,” and the U.S. units of two foreign banks fell short, underscoring the ...
Nasdaq Expands Global Commodities Initiative With Energy Derivatives
March 11th, 2015
Founding Market Participants Endorse Competitive Pricing and Innovative Clearing Solution Nasdaq announced the establishment of a new energy futures market with the support of leading commodities participants. Nasdaq Futures (NFX) will offer competitive pricing, an innovative clearing solution and high-performance technology ...
Six G14 dealers implement Markit | Genpact KYC Services
March 10th, 2015
Markit | Genpact KYC Services, the joint venture between Markit and Genpact have announced that six G14 dealers are among the global banking institutions implementing its centralised service that streamlines the collection and management of know your customer (KYC) information. ...
No more weak links – elite law firms unite to fight cyber security threat
March 9th, 2015
It has long been a gripe among major clients – in particular banks – that law firms are the chink in the armour against the growing barrage of cyber attacks. In response, some of the world’s top law firms ...
