Search Results for: ELA
ASIC bans Sydney finance broker and cancels licence
May 7th, 2015
ASIC has banned a Sydney finance broker from engaging in credit activities for three years and cancelled her Australian credit licence. An ASIC investigation found that Ms Siv Lim of Cabramatta had arranged credit for customers of a Parramatta ...
ESMA releases final guidelines clarifying the definition of commodity derivatives under MiFID I
May 7th, 2015
The European Securities and Markets Authority (ESMA) today published guidelines on the Markets in Financial Instruments Directive (MiFID) I. The purpose of these guidelines is to provide a common, uniform and consistent application of the definitions of commodity derivatives ...
Carbon Trade Exchange to Enable ‘Clean Power’ Allowances
May 7th, 2015
Supports first mandatory cap-and-trade program in the US limiting carbon emissions in Northeast New exchange to provide liquidity for power companies, banks, brokers and traders Carbon Trade Exchange (CTX), the largest electronic spot trading exchange for global carbon credits, today ...
Oil Sector May Not Cause Financial Apocalypse After All
May 7th, 2015
Across the oil patch, banks are starting to close off their exposure to some of the riskiest oil drillers. A new monthly survey from the Federal Reserve finds that banks that have issued loans to oil drillers are projecting some of ...
Yuan gains credibility as reserve currency
May 7th, 2015
France’s Credit Agricole Private Banking is advising its clients to add the Chinese yuan to their portfolios as the world’s second-largest economy looks to further liberalise its currency. High net worth individuals in the Arabian Gulf region should consider ...
Virtu Financial Announces First Quarter 2015 Results
May 6th, 2015
Virtu Financial, Inc. (Nasdaq:VIRT) a leading technology-enabled market maker and liquidity provider to the global financial markets, which priced its initial public offering on April 15, 2015, today reported results for the first quarter ended March 31, 2015. First ...
A Digital Single Market for Europe: EU Commission sets out 16 initiatives to make it happen
May 6th, 2015
The Internet and digital technologies are transforming our world – in every walk of life and in every line of business. Europe must embrace the digital revolution and open up digital opportunities for people and businesses. How? By using ...
BofA Paying $315 Million to Settle With BNP, Deutsche Bank
May 6th, 2015
Bank of America Corp. agreed in March to pay a combined total of $315 million to settle lawsuits with Deutsche Bank AG and BNP Paribas Mortgage Corp. related to fraud losses at failed lender Taylor Bean & Whitaker Mortgage ...
BitGold platform enables people to use Gold as a store of value and medium of payments
May 6th, 2015
BitGold Inc. has issued a press release to announce the public launch of the BitGold platform. BitGold is inviting people everywhere to open free accounts, build savings, and make payments with securely vaulted gold – fully insured with no ...
Tullett Prebon plc: AGM Statement and Trading Update
May 6th, 2015
Tullett Prebon plc (the “Company”) is today issuing a trading update in relation to the period from 1 January 2015. This statement will be delivered to those attending the Annual General Meeting today. Business Update Although the level of ...
