Search Results for: VAT
PayPal to Acquire Xoom
July 2nd, 2015
Entry into $600 Billion International Money Transfer Market with Leading Technology Solution Expands Services for PayPal’s Customers and Accelerates Time-to-Market in Key International Markets PayPal, Inc. and Xoom Corporation (NASDAQ:XOOM), a digital money transfer provider, today announced a definitive ...
HSBC Said to Get Turkey Unit Bids as Citi Hired for Sale
July 2nd, 2015
HSBC Holdings Plc shortlisted three bidders for a sale of its unprofitable Turkish unit after hiring advisers from Citigroup Inc. to help drive a sale, according to three people with knowledge of the matter. ING Groep NV of the ...
China allows brokerages to issue bonds
July 2nd, 2015
China‘s securities watchdog on Wednesday allowed stock brokerages to issue bonds to widen their funding channels after a continued losing streak on the country’s stock market. Brokerage were allowed to issue or transfer short-term corporate bonds via stock exchanges ...
CME Group Announces Record Volume Day in Agricultural Products
July 2nd, 2015
CME Group, the world’s leading and most diverse derivatives marketplace, today announced its Agricultural Products reached a record of 2,873,291 in trading volume on June 30, 2015, surpassing the prior record of 2,856,869 set on June 26, 2015. CME Group also ...
Greece crisis: Eurozone rules out talks until after referendum
July 2nd, 2015
Eurozone finance ministers have ruled out any further talks on a fresh bailout for Greece until the country holds its referendum on Sunday. Greeks will be asked to accept or reject proposals made by creditors last week, with Prime Minister Alexis ...
Oil Faces Steep Downside Risk From China’s Stock Market
July 1st, 2015
Oil markets face a lot of downside risk – high crude oil inventories in both the U.S. and Europe, resilient production from U.S. shale, increasing output from OPEC, a nuclear deal with Iran, the turmoil in Greece – but one has not ...
Barclays brokers sniff at Stifel, jump to Merrill
July 1st, 2015
BofA has added 15 ex-Barclays advisers in the past month and recently picked up a $750 million team in Texas Fifteen advisers, including most recently a team in Texas managing $750 million in assets, have fled Barclays Plc U.S. ...
Saxo Payments announces fourth major contract in a month
July 1st, 2015
Valitor selects Saxo Payments Banking Marketplace to enhance customer offering across international markets Saxo Payments, the global transactions services provider, has secured its fourth contract win in the space of a month. The latest partnership, with Valitor, a leading ...
Asian Shares Hold Steady After Greece Defaults
July 1st, 2015
China shares take a break from choppy trading; investors calm as Greece’s default comes as little surprise China’s markets were roughly flat Wednesday as investors took stock of a choppy period of trading over the past two weeks that ...
Winners and losers emerge from fragmented FX swap rules
June 30th, 2015
The International Swaps and Derivatives Association (ISDA) has frequently warned that market fragmentation will continue and market transparency will be damaged as US and European regulators fail to reconcile their FX rule sets. Disharmony is most evident in relation ...
