Search Results for: Oman
Citigroup Hires Deutsche Bank’s Hayashi for Japan Markets
June 3rd, 2015
Citigroup Inc., the third-largest U.S. bank by assets, hired Kuniyoshi Hayashi from Deutsche Bank AG to head its Japanese markets and securities division. Hayashi will join Citigroup Global Markets Japan Inc. on Aug. 11 as a managing director and ...
Playtech Pays £460 Million for U.K. Trading Platform Plus500
June 2nd, 2015
Plus500 Ltd. agreed to a $703 million bid from Playtech Plc, two weeks after the trading platform froze customer accounts, its stock plunged and short-sellers began circling. Playtech reserved the right to walk away if needed. Playtech, an online ...
Western Europe overtakes China and North America as #1 investment destination with FDI projects at record high
May 27th, 2015
US$305b invested into the region, 36% year-on-year increase UK, Germany and France remain the preferred destinations for foreign direct investment (FDI) within Europe, while Turkey enters the Top 10 More than half (59%) of investors into the region believe ...
RBS Seen Facing $4.5 Billion Tab to Settle U.S. Mortgage Lawsuit
May 27th, 2015
Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities, according to Bloomberg Intelligence. RBS may be closer to JPMorgan ...
Breach at IRS Exposes Tax Returns
May 27th, 2015
Thieves used agency’s online services to get information for about 100,000 households The Internal Revenue Service said Tuesday that identity thieves used one of its online services to obtain prior-year tax return information for about 100,000 U.S. households, a ...
OPEC Struggling To Keep Up The Pace In Oil Price War
May 21st, 2015
Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil in the second half of this year. CA recently noted ...
UBS Guilty Plea for Libor Seen Opening Door to Political Battle
May 14th, 2015
UBS Group AG faces the prospect of making a guilty plea that would require it, along with four other giant global banks, to seek U.S. regulators’ permission to keep managing Americans’ money. Several law experts said that UBS may ...
Financing IMF Transactions Quarterly Report
May 13th, 2015
IMF credit is extended to its members in both foreign exchange and SDRs. Credit extended in foreign exchange is financed from the quota resources made available to the IMF by members, and essentially involves a transfer of foreign exchange ...
U.S. Set to Rip Up UBS Libor Accord, Seek Conviction
May 13th, 2015
The U.S. Justice Department is set to rip up its agreement not to prosecute UBS Group AG for rigging benchmark interest rates, according to a person familiar with the matter, taking a new step to hold banks accountable for ...
Visa Said in Talks to Buy Visa Europe for Up to $20 Billion
May 11th, 2015
Visa Inc., the world’s largest payments network, is in preliminary talks to buy former subsidiary Visa Europe Ltd. in a deal that may be valued at as much as $20 billion, people with knowledge of the matter said. The ...
