Search Results for: banks
Why Korea’s Central Bank Thinks It Won’t Catch Japan’s Deflation
January 28th, 2015
Households surveyed by the Korean central bank expect consumer price gains of 2.6 percent in the next 12 months. Deflation in South Korea is a looming threat, according to economists at Nomura Holdings Inc. and Samsung Securities Co., who ...
Swiss central bank ready to intervene: official
January 27th, 2015
The Swiss franc fell on Tuesday after a senior official at the Swiss National Bank was quoted as saying the central bank was still prepared to intervene to keep the currency relatively weak. The euro jumped to over 1.03 ...
Dion’s FATCA TRAC goes global
January 27th, 2015
After signing its 13th FATCA deal, Dion Global Solutions (Dion), can now boast total global coverage, with sales to international banks across 4 continents and supporting FATCA compliance in 80 jurisdictions. FATCA TRAC now serves clients across all the ...
ICAP Information Services partners with Wind Information Co.
January 27th, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that ICAP Information Services (IIS), the information division of ICAP, has partnered with Wind Information Co., Ltd (Wind Info), a ...
Interview with Jens Weidmann: “The risk of exaggerations increases”
January 27th, 2015
“The risk of exaggerations increases” Mr Weidmann, the ECB was originally modelled on the Bundesbank. Was this tradition laid to rest on Thursday? I wouldn’t make this out to be some kind of sea change, but I do regard this ...
Federal Reserve Issues “Strategies for Improving the U.S. Payment System”
January 27th, 2015
The Federal Reserve today issued “Strategies for Improving the U.S. Payment System,” which presents a multi-faceted plan for collaborating with payment system stakeholders including large and small businesses, emerging payments firms, card networks, payment processors, consumers and financial institutions ...
S&P Downgrades Russia’s Sovereign Credit Rating to Junk
January 27th, 2015
Ratings agency S&P has cut Russia’s sovereign credit rating to junk status, bringing it below investment grade for the first time in a decade. Warning of difficult times ahead for Russia’s economy, S&P said Monday that it had cut ...
Asia shares inch ahead, euro steady as Fed meets
January 27th, 2015
Most Asian share markets firmed on Tuesday and the euro clung to rare gains, relieved that European equities had weathered Greece’s election outcome without too much disruption. The main European indices were expected to open higher, though foul weather ...
First Derivatives partners FTT on integrated service for FX brokers
January 26th, 2015
First Derivatives (AIM:FDP.L, ESM:FDP.I) announces a partnership with Fair Trading Technology to provide an integrated solution for retail brokers. The combined service leverages the back-end capabilities of FD’s Delta Flow platform, such as connectivity to liquidity sources, aggregation, price ...
ADIB eyes capital boost after 19.3% profit rise
January 26th, 2015
Abu Dhabi Islamic Bank said yesterday, it planned to boost its capital base to help support future growth, after setting aside less cash for bad loans helped it post a 19.3 percent rise in fourth-quarter net profit. Banks in ...
