Search Results for: CLS
Biggest Global Banks Go to Pieces Under Pressure From Regulators
February 27th, 2015
Global regulators have issued dozens of rules aimed at making the biggest banks safer. That’s leading to another result some wanted: making them shrink. HSBC Holdings Plc, Europe’s biggest bank by market value, said this week it’s considering “extreme ...
ICAP plc – Trading Statement
February 10th, 2015
Positive momentum in new Electronic and Post Trade initiatives Activity on EBS increased significantly as FX market volatility rose sharply Global Broking impacted by a reduction in bank client activity Cost savings programme remains on track ICAP plc (IAP.L), ...
The second stage in the washing cycle – Layering (Video)
January 26th, 2015
Layering Layering is the process of separating the proceeds of criminal activity from their origin through the use of many different techniques to layer the funds. These include using multiple banks and accounts, having professionals act as intermediaries and ...
PwC launches 18th Global CEO Survey results in Davos, Switzerland (Video)
January 21st, 2015
Dennis Nally, Chairman of PricewaterhouseCoopers International, presented some of the key findings of PwC’s annual survey of business leaders from around the world at a press briefing in Davos, Switzerland. Fewer CEOs than last year think global economic growth ...
Yen Falls to Seven-Year Low on Election Outlook as Won Drops
November 20th, 2014
The yen declined to a seven-year low versus the dollar amid speculation Prime Minister Shinzo Abe will win elections and extend his economic stimulus program. Japan’s currency dropped against all except one of its 16 major counterparts. A gauge ...
Stocks close mixed: S&P drops, Dow bumps up
November 5th, 2014
Stocks closed mixed Tuesday as markets struggled from a one-two punch of falling oil prices and renewed fears of a global slowdown. A wait-and-see posture regarding Tuesday’s elections may also be holding back investors. The Standard & Poor’s 500 ...
Citi pulls out of consumer banking in 11 countries, profit jumps
October 15th, 2014
Citigroup Inc said it is pulling out of consumer banking in 11 markets, including Japan and Egypt, as the U.S. bank with the biggest international business looks to cut persistently high costs. The third-largest U.S. bank, built with a ...
U.S. Oil Export ban no longer necessary says Exxon Chief
October 7th, 2014
Rex Tillerson, ExxonMobil’s CEO, says the ban on exports of U.S. crude oil that’s been in effect for decades is no longer necessary and a lifting of regulatory constraints on liquefied natural gas (LNG) would increase America’s energy and ...
Nikkei Previews: run against them to get your face ripped off!
August 4th, 2014
Japanese second quarter results season peaked last week with the Nikkei newspaper playing its role as broadcaster of results days in advance of the actual company announcements. Japanese regulators continue to turn a blind eye to the now common ...
Asian Equities Lower with Eyes on China
July 9th, 2014
Asian equities extended losses into a third session on Wednesday following a selloff on Wall Street overnight and steady Chinese inflation data. Consumer prices in the mainland rose an annual 2.3 percent last month, versus estimates for a 2.4 ...
